Template:Nutshell Equity Derivatives 9.11: Difference between revisions

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:(ii) '''Transfer restrictions''': any restrictions or required consents to transfer of the {{eqderivprov|Shares}} by any person, <br>
:(ii) '''Transfer restrictions''': any restrictions or required consents to transfer of the {{eqderivprov|Shares}} by any person, <br>
:(iii) '''Transferee limitations''': any limitations on who may be transferred such {{eqderivprov|Shares}}, <br>
:(iii) '''Transferee limitations''': any limitations on who may be transferred such {{eqderivprov|Shares}}, <br>
:(iv) '''Certification requirements''':  Any approval, consent, opinion or notice from any person before transfer of the{{eqderivprov|Shares}}, and <br>  
:(iv) '''Certification requirements''':  Any approval, consent, opinion or notice from any person before transfer, and <br>  
:(v) '''Registration''': any registration, qualification or prospectus delivery requirement for such {{eqderivprov|Shares}} under applicable laws.
:(v) '''Registration''': any registration, qualification or prospectus delivery requirement for such {{eqderivprov|Shares}} under applicable laws.
:(vi) '''Book-entry form''':  Where a {{eqderivprov|Clearance System}} is involved, the {{eqderivprov|Shares}} are properly in book-entry form. <br>
:(vi) '''Book-entry form''':  Where a {{eqderivprov|Clearance System}} is involved, the {{eqderivprov|Shares}} are properly in book-entry form. <br>

Latest revision as of 10:24, 12 May 2022

9.11. Representation and Agreement. A party delivering Shares under a Transaction represents, on the date of conveyance, that it has conveyed good title to the necessary Shares, free from:

(i) Encumbrance: any encumbrance (other customary liens) or other restrictions, without the receiver having to provide any documents or comply with any volume or manner of sale restrictions,
(ii) Transfer restrictions: any restrictions or required consents to transfer of the Shares by any person,
(iii) Transferee limitations: any limitations on who may be transferred such Shares,
(iv) Certification requirements: Any approval, consent, opinion or notice from any person before transfer, and
(v) Registration: any registration, qualification or prospectus delivery requirement for such Shares under applicable laws.
(vi) Book-entry form: Where a Clearance System is involved, the Shares are properly in book-entry form.