Share Restrictions definition

Share Restrictions means the (i) restrictions on the sale of shares (subject to any exceptions thereto) set forth in the individual lock-up agreement entered into by each HL Management Stockholder and the Company (which each HL Management Stockholder acknowledges shall continue to apply as provided therein, and which, for the avoidance of doubt, nothing in this Agreement or the ORIX Registration Rights Agreement is intended to, or shall be interpreted to, waive or supersede), and (ii) any restrictions, limitations, or conditions on the sale of shares imposed on HL Management Stockholders by the Company, in the sole discretion of the Board of Directors, or as a result of any current or future obligation of the Company.
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Share Restrictions means the restrictions on the sale of shares set forth in Section 3.1.1(a) of the Stockholders’ Agreement (which shall continue to apply as provided therein, and which, for the avoidance of doubt, nothing in this Agreement or the HL Management Registration Rights Agreement is intended to, or shall be interpreted to, waive or supersede).
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Share Restrictions has the meaning set forth in Section 6.16(a).
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Examples of Share Restrictions in a sentence

  • Buyer is the sole beneficial owner of and has good and marketable title to the NantHealth Shares, free and clear of all Encumbrances, except for Permitted Share Restrictions.

  • The Seller’s IE Common Shares shall contain an appropriate legend reflecting the Seller’s IE Common Share Restrictions.

  • The purchase price for the Purchased Assets (the “Purchase Price”) shall consist of the aggregate of (i) 15,000,000 shares of common stock, par value $0.0001 per share, of Seller, owned by Buyer (the “NantHealth Shares”), and delivered to Seller free and clear of all Encumbrances, other than Permitted Share Restrictions, and (ii) the Assumed Liabilities.

  • Each HL Management Stockholder may assign its rights and obligations under this Agreement to any transferee that acquires Registrable Shares from such HL Management Stockholder in a transaction that does not violate the Share Restrictions; provided that such transferee executes an agreement to be bound hereby in the form attached hereto as Exhibit A (a “Joinder”), an executed counterpart of which shall be furnished to the Company.

  • The LLC Certificates representing the LLC Shares issued upon the conversion of the shares of Restricted Stock shall accordingly be marked with appropriate legends noting such Share Restrictions.

  • The certificates representing such shares of Parent Common Stock shall accordingly be marked with appropriate legends noting such Unvested Share Restrictions.

  • In the event that, prior to the expiration of the Consulting Period, the Company terminates this Agreement without cause, all of the Share Restrictions pursuant to this Section 5 shall be null, void, and of no force and effect.

  • In the event of an Entest Assignment, Share Restrictions (as defined in Section 5) shall expire upon completion of the applicable tasks specified in Section 5 of this Agreement completed on behalf of Entest BioMedical, Inc.

  • The Corporation shall take all actions necessary to ensure that, from and after the Effective Time, the LLC (or its assignee) shall be entitled to exercise the rights held by the Corporation immediately prior to the Effective Time with respect to all Share Restrictions.

  • Subject to fulfillment or waiver of the conditions set forth in Article IX, at the Closing Buyer shall effect the delivery to Seller of the NantHealth Shares free and clear of all Encumbrances (except for Permitted Share Restrictions).


More Definitions of Share Restrictions

Share Restrictions means the restrictions on the sale of shares set forth in Section 3.1.1(a) of the Stockholders’ Agreement (which shall continue to apply as provided therein, and
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