Common use of Licensing Requirement Clause in Contracts

Licensing Requirement. Under no circumstances shall any Transfer or issuance of Shares of the Corporation to an additional shareholder be valid unless the proposed new or additional shareholder is a licensed physician in good standing under the laws of the State of Missouri, except as otherwise permitted under the Act. Final Triggering Event. ----------------------

Licensing Requirement. Under no circumstances shall any Transfer or issuance of Shares of the Corporation to an additional shareholder member be valid unless the proposed new or additional shareholder member is a licensed physician in good standing under the laws of the State of Missouri, except as otherwise permitted under the Act. Final Triggering Event. ----------------------

Licensing Requirement. Under no circumstances shall any Transfer or issuance of Shares of the Corporation to an additional shareholder be valid unless the proposed new or additional shareholder is a licensed physician in good standing under the laws of the State of Missouri, except as otherwise permitted under the Act. Final Triggering Event. ----------------------.