Transferee definition
Examples of Transferee in a sentence
Neither SPAC nor any of its Subsidiaries, nor any of the past, present or future SPAC Stockholders (other than Sponsor or any Permitted Transferee thereof), nor any director, officer, employee, member, partner, shareholder or other owner (whether direct or indirect), Affiliate, agent, attorney or representative of Sponsor, shall have any obligation or liability for the obligations or liabilities of Sponsor under this Agreement.
The execution and delivery by the Transferee of this Agreement to which the Transferee is a party, the performance by the Transferee of its obligations hereunder and thereunder, and the consummation by the Transferee of the transactions contemplated hereby and thereby have been duly authorized by all requisite corporate action on the part of the Transferee.
The Transferee has full corporate power and authority to enter into this Agreement to which the Transferee is a party, to carry out its obligations hereunder and thereunder, and to consummate the transaction contemplated hereby and thereby.
This Agreement and the rights, duties and obligations of the Company and the Holders of Registrable Securities, as the case may be, hereunder may not be assigned or delegated by the Company or the Holders of Registrable Securities, as the case may be, in whole or in part, except in connection with a transfer of Registrable Securities by such Holder to a Permitted Transferee but only if such Permitted Transferee agrees to become bound by the transfer restrictions set forth in this Agreement.
This Agreement to which the Transferee is a party constitute legal, valid, and binding obligations of the Transferee enforceable against the Transferee in accordance with their respective terms .