Transferee definition
Examples of Transferee in a sentence
The Parties shall cooperate as may be reasonably necessary to effect the Put Option Transfer in accordance with Applicable Laws, including promptly obtaining any necessary approvals, including CADE Ero Approval and BNDES Transferee Approval pursuant to Sections 3.08(5) and 4.08(4), respectively.
Notwithstanding the foregoing, if any TRA Party sells, exchanges, distributes or otherwise Transfers Units to any Person (other than the Corporation or Parent) in accordance with the terms of the Operating Agreement, such TRA Party shall have the option to assign to the Transferee of such Units its TRA Interest and rights under this Agreement with respect to such Transferred Units; provided that such Transferee has satisfied the Joinder Requirement.
The Borrower authorizes each Lender to disclose to any Participant or assignee or any other Person acquiring an interest in the Loan Documents by operation of law (each a “Transferee”) and any prospective Transferee any and all information in such ▇▇▇▇▇▇’s possession concerning the creditworthiness of the Borrower, the Borrower and its Subsidiaries; provided that each Transferee and prospective Transferee agrees in writing to be bound by Section 10.12 of this Agreement.
Furthermore, each of the Brookwood Related Parties shall cause any such Permitted Transferee to become a party to this Agreement upon completion of any such permitted transfer.
If, after making the filing and taking the steps contemplated in Sections 3.08(5) and 4.08(4), the necessary approvals to complete the Put Option Transfer (including CADE Ero Approval and BNDES Transferee Approval) are not obtained, then this Agreement shall be deemed to be terminated without further action of the Parties and, for the avoidance of doubt, ▇▇▇ will not acquire the Earn-in Interest.