Transferee definition
Examples of Transferee in a sentence
Notwithstanding anything in this Agreement to the contrary, the restrictions in this Section 9.1(b) shall not apply to any Transfers (w) to the Partnership, (x) to any Partner or (y) to a Permitted Transferee in connection with the death or incapacity of any Partner who is a natural person.
With respect to any transfer of the Option or SAR, the Participant and/or Transferee will be subject to tax reporting and be responsible for any tax liability due in accordance with the law in effect at the time of the transfer of the Option or SAR or the exercise of the transferred Option or SAR by Transferee or otherwise, as the case may be.
Except with the prior written consent of the Corporation (which it may withhold in its sole discretion), beginning on the Closing Date and during the period of one hundred and eighty (180) days thereafter (the “Lock-Up Period”), no Share Recipient may Transfer any Lock-Up Consideration Shares that it Beneficially Owns to any Person, other than to a Permitted Transferee.
Except in connection with a transfer made to a Permitted Transferee in accordance with the terms of the Partnership Agreement, this Agreement may not be assigned without the express prior written consent of the other parties hereto, and any attempted assignment, without such consents, will be null and void.
None of the rights, privileges, or obligations set forth in, arising under, or created by this Agreement may be assigned or transferred without the prior consent in writing of each party to this Agreement, with the exception of assignments and transfers to any Permitted Transferee as such a term is defined in the Amended Articles.