Exempt Transfers definition

Exempt Transfers has the meaning set forth in Section 10(a).

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Exempt Transfers has the meaning set forth in Section 1.4(a) hereto.

Exempt Transfers means Transfers to any Affiliate of the VoiceStream Principal Stockholder who agrees in writing to be bound by the terms of the VoiceStream Stockholder Agreements or Transfers which occur by operation of law if the transferee remains, or agrees in writing to remain, bound by the terms of the VoiceStream Stockholder Agreements.

Examples of Exempt Transfers in a sentence

• For purposes of Exempt Transfers, “control” requires both (a) owning (directly or indirectly) more than fifty percent (50%) of the stock or other equity interests of another person and (b) possessing, directly or indirectly, the power to direct or cause the direction of the management and policies of such person.

• Until the expiration of 54 months ---------------------------- after the date of this Agreement, Executive shall not sell, transfer, assign, pledge or otherwise dispose of any interest in any shares of Executive Stock, except for Exempt Transfers (as defined in paragraph 4(b) below) and sales to the public pursuant to Rule 144 promulgated under the 1933 Act or any similar rule then in force.

• Notwithstanding the foregoing, no party hereto shall avoid the provisions of this Agreement by making one or more Exempt Transfers to one or more transferees and then disposing of all or any portion of such party’s interest in such transferee if such disposition would result in such transferee ceasing to be a Permitted Transferee.

• The Shareholder will not sell, pledge or otherwise directly or indirectly transfer any interest in or any beneficial interest in any shares of Shareholder Stock except pursuant to the provisions of Sections 3, 5, 6 or 7 of this Agreement ("Exempt Transfers") and except pursuant to the provisions of this Section 4.

• Transfers referred to in clauses (1)(b), (c) and (d) are "Exempt Transfers." Any attempt to transfer any Shares or any rights thereunder in violation of this Section 2.1 shall be null and void ab initio.

More Definitions of Exempt Transfers

Exempt Transfers has the meaning set forth in Section 2.3.

Exempt Transfers means a transfer of Shares pursuant to Clause 8.6.;

Exempt Transfers has the meaning set fort in Section 3(a).

Exempt Transfers shall have the meaning given to it in Section 3(a) of this Agreement.

Exempt Transfers the Transfer by a partnership to its partners or retired partners in accordance with partnership interests;

Exempt Transfers. Shall have the meaning set forth in Section 1(a) (Exempt Transfers) of Attachment P (Transfers by Seller) to this Agreement.

Exempt Transfers mean a transfer of Securities (a) to one or more Affiliates of a Stockholder; provided, however, that the transferring Stockholder shall procure that, immediately prior to such transferee ceasing to be an Affiliate of the transferring Stockholder, that transferee shall transfer all such Securities to the transferring Stockholder or one or more Affiliates of such transferring Stockholder; (b) to any other Person approved in writing by the EDH Holder; or (c) in the case of the NRG Holder, (i) made for bona fide estate planning purposes, either during the lifetime of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ or on death by will or intestacy to the spouse, child (natural or adopted), or any other direct lineal descendant of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (or his spouse) (all of the foregoing collectively referred to as “▇▇▇▇▇ Family Members”), (ii) to any custodian or trustee of any trust, partnership or limited liability company for the benefit of, or the ownership interests of which are owned wholly by, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ or any ▇▇▇▇▇ Family Members or (iii) to any ▇▇▇▇▇ Family Member as a bona fide gift; provided that any transfers of Securities made during the life of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ pursuant to clauses (i), (ii) or (iii) above, the NRG Holder retains the right to vote and direct the disposition of such Securities; provided, further, that in each case described in the foregoing clauses, only to the extent such transferee agrees to be bound by the terms of this Stockholders’ Agreement in accordance with Section 14.1.