Restricted Person definition
Examples of Restricted Person in a sentence
Notwithstanding anything in this Agreement to the contrary, no Party may effect a Transfer of its rights or obligations under this Agreement to any Restricted Person; provided that, this Section 8.3 shall not prevent, prohibit or restrict any enforcement by the Purchaser's lenders in respect of their security interest in this Agreement, and any such enforcement shall not constitute a Transfer for the purposes of this Section 8.3.
Further, none of the proceeds from the Advances shall be used to finance or facilitate, directly or indirectly, any transaction with, investment in, or any dealing for the benefit of, any Restricted Person or any transaction, investment or dealing in which the benefit is received in a country for which such benefit is prohibited by any Sanctions laws applicable to any Obligor.
The Royalty Holder may sell, transfer, grant, assign or otherwise dispose of (an Assignment) all or part of its rights and interests and obligations under this Agreement to any Person (including by way of an Encumbrance in favour of its lenders) provided: (i) it has given prior written notice thereof to the other Parties to this Agreement; (ii) that such Person is not a Restricted Person; and (iii) that such Person is not a Competitor.
In addition to the foregoing, in connection with any resale of Shares by the Investor, each of the Restricted Persons shall comply in all respects with all applicable requirements of the Securities Act and the Exchange Act, including, without limitation, Regulation SHO, and all orders of any regulatory authority applicable to any Restricted Person.