Restrictions definition
Examples of Restrictions in a sentence
Any cut-back imposed on the Investors pursuant to this Section 2(f) shall be allocated among the Investors on a pro rata basis and shall be applied first to any of the Registrable Securities of such Investor as such Investor shall designate, unless the SEC Restrictions otherwise require or provide or the Investors otherwise agree.
No liquidated damages shall accrue as to any Cut Back Shares until such date as the Company is able to effect the registration of such Cut Back Shares in accordance with any SEC Restrictions applicable to such Cut Back Shares (such date, the “Restriction Termination Date”).
For the purposes of this Clause 21.16 (Restrictions on chartering, appointment of managers etc.), "material amendments or supplements" and/or "material alteration" include, without limitation, a change to (i) any management or other fee, (ii) the parties to the Management Agreement, (iii) the duration, the scope of the services provided under the Management Agreement and/or the termination rights or the ability by any party to terminate thereunder or (iv) the governing law and jurisdiction.
Any attempt to transfer, assign, or encumber the Award Units or Adjusted Award Units, other than in accordance with this Agreement and the Plan, will be null and void and will void the Award, and all Award Units or Adjusted Award Units for which the Restrictions have not lapsed will be forfeited and immediately returned to the Company.