Common use of When Guarantors May Merge or Transfer Assets Clause in Contracts

When Guarantors May Merge or Transfer Assets. (b) Section 2.07 of the Indenture is hereby amended by adding the following paragraph to the end thereof: “The Securities may not be transferred if it would result in there being more than ten (10) Holders unless the Issuer has obtained consent to the issuance of the Securities from the Jersey Financial Services Commission pursuant to the Control of Borrowing (Jersey) Order 1958.”

Appears in 4 contracts

Samples: Royalty Right Agreement (Bracebridge Capital, LLC), Master Transaction Agreement (Honeywell Capital Management LLC), Royalty Right Agreement (Ci Investments Inc.)

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