Permitted Transfer

Example Definitions of "Permitted Transfer"
Permitted Transfer. Shall have the meaning ascribed to it in the Certificate of Incorporation.
Permitted Transfer. Shall mean (i) a gratuitous transfer of the Restricted Shares to any "family member" as such term is defined in Section 1(a)(5) of the General Instructions to Form S-8 under the 1933 Act, provided and only if Holder obtains the Company's prior written consent to such transfer, or (ii) a transfer of title to the Restricted Shares effected pursuant to Holder's will or the laws of descent and distribution following Holder's death.
Permitted Transfer. The meaning assigned thereto in the Shareholders Agreement.
Permitted Transfer. A Transfer by an Other Shareholder of shares of Other Stock made (i) to the Company or the WP Parties, or (ii) if such Other Shareholder is an individual, (A) by way of gratuitous donation to any trust exclusively for the benefit of such Other Shareholder or such Other Shareholder's spouse, direct descendants (including legally adopted children) or direct ascendants or (B) by way of bequest or inheritance upon the death of such Other Shareholder to his or her executors, administrators,... testamentary trustees, legatees or beneficiaries; provided, however, that, in the event of any Transfer made pursuant to one of the exemptions provided by clause (ii) above, (1) the Other Shareholder making such Transfer pursuant to clause (ii)(A) above shall notify the Company and the WP Parties of such Transfer at least 15 days prior to making the Transfer (such notice to contain a representation by the Other Shareholder to the Company and the WP Parties identifying all of the beneficiaries of such trust), (2) the Other Shareholder making such Transfer pursuant to clause (ii)(A) above shall retain all rights to vote such Transferred shares of Other Stock, grant or withhold consents or approvals with respect to such Transferred shares of Other Stock, and to make any and all other determinations with respect such Transferred shares of Other Stock, and (3) the transferee, assignee or donee shall have become a party to this Agreement in the capacity of an Other Shareholder and Securityholder and shall have furnished the Company and the WP Parties with an executed copy of the joinder to this Agreement in the form attached hereto as Exhibit B, completed as specified by the Company. View More Arrow
Permitted Transfer. Shall mean (i) a gratuitous transfer of the Restricted Shares to any "family member" as such term is defined in Section 1(a)(5) of the General Instructions to Form S-8 under the 1933 Act; provided and only if the Recipient obtains the Company's prior written consent to such transfer, or (ii) a transfer of title to the Restricted Shares effected pursuant to the Recipient's will or the laws of descent and distribution following the Recipient's death.
Permitted Transfer. Means, with respect to any Person, (i) a Transfer to a trust for the benefit of such Person's spouse or issue or to a family partnership, limited liability company or similar entity of which the members are solely such Person. or such Person's spouse or issue and as to which such Person exercises voting control, (ii) a Transfer to an Affiliate of such Person, (iii) a Transfer between Lead Investors, or (iv) if such Person is a limited or general partnership, a Transfer to its partners in... connection with a distribution of securities held by such Person to its partners. View More Arrow
Permitted Transfer. Shall mean any transfer by a Participant of all or any portion of his or her shares of Stock (i) to or for the benefit of any spouse, child or grandchild of the Participant, or (ii) to a trust or partnership for the benefit of any of the foregoing, including transfers by will or the laws of descent and distribution.
Permitted Transfer. Means the conveyance, grant, sale, lease, transfer or disposition by Company of: (a) inventory; (b) non-exclusive licenses and similar arrangements for the use of the property of Company; (c) exclusive licenses in specific fields of use not related to Company's primary business; (d) surplus, worn-out or obsolete equipment; (e) transfers of investment property of Company for the sole purpose of obtaining replacement investment property with the proceeds of such transfer; (f) assets to Senior... Lenders, (g) transfers of the shares of such subsidiary possessing an exclusive license from Company to the shareholders of Company; and (h) other assets of Company which do not in the aggregate exceed One Hundred Thousand Dollars ($100,000) during any fiscal year. View More Arrow
Permitted Transfer. Provided, however, that Stockholder may (x), after the effectiveness of the Registration Statement, if Stockholder is a private equity fund, distribute Shares to its partners, members and equity holders, (y) if Stockholder is an individual, transfer the Shares to any member of Stockholder's immediate family for estate planning purposes, and (z) transfer Shares upon the death of Stockholder (each, a "Permitted Transfer"); provided, further, that any such Transfer shall be a Permitted Transfer... only if, as a precondition to such Transfer, the transferee enters into an agreement substantially similar to this Agreement with Reliant. View More Arrow
Permitted Transfer. Means a transfer by any Holder: (i) in a widespread public distribution; (ii) in which no transferee (or group of associated transferees) would receive two percent (2%) or more of any class of Voting Securities of the Company; or (iii) to a transferee that would control more than fifty percent (50%) of the Voting Securities of the Company without any transfer from the Holder.
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