Dealing Restrictions definition
Examples of Dealing Restrictions in a sentence
The Lender may not assign any of its rights, transfer any of its rights or obligations, enter into any sub-participation, or declare a trust over any of its rights or obligations, without the prior written consent of the Borrower, except for a transfer in accordance with clause 18 (Dealing Restrictions; Lock-Up) of the Shareholders’ Agreement.
Where the Award would otherwise vest at a time when Dealing Restrictions would prohibit delivering or arranging delivery of Shares or cash and/or the Participant from selling Shares, if required to discharge any liability for taxation, the Award will not vest until such Dealing Restrictions cease to apply.
In particular, the Options shall not vest and you may not exercise the Options at any time when any Dealing Restrictions prohibit such vesting or exercise.
You will comply with the PA Dealing Restrictions for the duration of this agreement.
You acknowledge that the PA Dealing Restrictions will apply to you.