Common use of Effect of Purported Transfer Clause in Contracts

Effect of Purported Transfer. Any Transfer in violation of this Section 7: (i) shall, to the fullest extent permitted by law, be null and void as against the Partnership and the other Partners; and (ii) shall, to the fullest extent permitted by law, not be recognized or permitted by, or duly reflected in the official books and records of, the Partnership. The preceding sentence shall not be applied to prevent the Partnership from enforcing any rights it may have in respect of a transferor or transferee arising under this Agreement or otherwise (including any rights arising under Section 10.6).

Appears in 4 contracts

Samples: Purchase Agreement (Blockstack Token LLC), Purchase Agreement (Blockstack Token LLC), Blockstack Inc.

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