Common use of Effect of Prohibited Action Clause in Contracts

Effect of Prohibited Action. Any transfer or other action in violation of this Article shall be void ab initio and of no force or effect whatsoever.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Delta Mine Holding CO), Operating Agreement (Delta Mine Holding CO)

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Effect of Prohibited Action. Any transfer or other action in violation of this Article shall be void ab initio and of no force or effect whatsoever.

Appears in 1 contract

Samples: Operating Agreement

Effect of Prohibited Action. Any transfer or other action in violation of this Article shall be void ab initio and of no force or effect whatsoevereffect.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (B&H Contracting, L.P.)

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Effect of Prohibited Action. Any transfer or other action in violation of this ofthis Article shall be void ab initio and of no force or effect whatsoever.

Appears in 1 contract

Samples: Operating Agreement

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