Cloudary definition
Examples of Cloudary in a sentence
The Parties agree that the restrictions on the transfer of the Equity Securities contained in Section 3, Section 4, Section 5 and Section 6 of this Agreement shall apply to any indirect transfer and shall not be circumvented by means of any indirect transfer of such Equity Securities, subject to Cloudary Holdings Limited’s Special Right of First Refusal provided in Section 5A herein.
For avoidance of any doubt, notwithstanding anything to the contrary in this Agreement, the Cloudary Holdings Limited Right of First Refusal and the Cloudary Holdings Limited Co-Sale Right is not assignable in connection with or following any transfer of Shares by Cloudary Holdings Limited.
Notwithstanding any other provision of this Agreement, in the event that the Company proposes to issue New Securities to one or more Restricted Subscribers, Cloudary Holdings Limited shall have a right of first refusal (the “Special Preemptive Right”) to acquire all or a portion of such New Securities before any other Preferred Shareholder may invoke its right of participation in respect of such New Securities under Sections 2.2 and 2.