Examples of Contractual Restrictions in a sentence
The Borrower or any of its Subsidiaries (a) shall suffer to exist any Contractual Restrictions binding upon the Borrower or any of its Subsidiaries or their respective property after the Effective Date other than Permitted Contractual Restrictions or (b) fail to take all actions necessary to make the necessary changes to the Loan Documents as required in the Fee Letter.
Escrowed Securities and Securities Subject to Contractual Restrictions on TransferThe following securities of APUC are subject to contractual restrictions on transfer as of the date of this AIF: DescriptionHoldings of Common Shares by Emera greater than 15% and up to 25% of the outstanding Common Shares are subject to a limited restriction on transfer and certain voting covenants contained in the Strategic Investment Agreement.
Shares issued in settlement of the Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 6.3, Section 7, the Xxxxxxx Xxxxxxx Policies and any Contractual Restrictions.
MERGER SUBS 27 4.1 Existence and Good Standing 28 4.2 No Contractual Restrictions 28 4.3 Authorization of Agreement 28 4.4 Status of Shares 28 4.5 Governmental Authorities; Consents 29 4.6 SEC Documents 29 4.7 Capital Stock 30 4.8 No Misleading Statements 30 4.9 Brokers; Finders 30 4.10 Disclosure Schedules 30 5.
Table of Contents Contractual Restrictions During the term of the Transitional Services Agreement, and for one year thereafter, neither Elan nor Prothena will be permitted to solicit each other’s employees for employment without the other’s consent.
Upon the execution and delivery hereof, all of the certificates evidencing the shares of the Company's capital stock beneficially owned by the Executive (other than one or more certificates evidencing an aggregate of up to 1,000,000 shares) shall also contain a restrictive legend giving notice that such shares are subject to the provisions of this Agreement (the "Contractual Restrictions").
Securities Subject to Contractual Restrictions on Transfer 1,220,800 Class A subordinate voting shares (adjusted to reflect the Share Split) were issued in connection with the acquisition of 6 River Systems in October 2019, which shares are subject to vesting restrictions and forfeiture conditions pursuant to the terms of restricted stock agreements between the Company and certain of 6 River Systems' employees.
Purchaser agrees to cooperate with the Company to ensure compliance with such laws.3.4 No Transfer Unless Registered or Exempt; Contractual Restrictions on Transfers.
Section 9.1 Transactions with Affiliates 28 Section 9.2 Fundamental Changes 29 Section 9.3 Change in Nature of Business 29 Section 9.4 Liens 29 Section 9.5 Investments 31 Section 9.6 Indebtedness 33 Section 9.7 Dispositions 34 Section 9.8 Restricted Payments 36 Section 9.9 Negative Pledges and Other Contractual Restrictions 37 Section 9.10 Amendment of Material Documents 38 Section 9.11 Financial Covenant 38 Section 9.12 Accounting Changes 38 ARTICLE X EVENTS OF DEFAULT.
The Debtors Will Be Subject to Business Uncertainties and Contractual Restrictions Prior to the Effective Date.