Effect of Void Transfers Sample Clauses

Effect of Void Transfers. In the event of any purported Transfer of any Securities in violation of the provisions of this Agreement, such purported Transfer shall be void and of no effect and the Company shall not give effect to such Transfer.
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Effect of Void Transfers. No Transfer of any Units owned by a Member in violation hereof shall be made or recorded on the books of the Company, and any such purported Transfer shall be void and of no effect.
Effect of Void Transfers. In the event of any purported Transfer of any Restricted Securities in violation of the provisions of the XXX Share Plan, such purported Transfer shall, to the extent permitted by Applicable Law, be void and of no effect.
Effect of Void Transfers. In the event of any purported Transfer of any shares of Common Stock in violation of the provisions of this Agreement, such purported Transfer shall, to the extent permitted by applicable law, be void and of no effect, and, until such time as a Transfer in compliance with this Agreement shall have occurred, (a) no dividend of any kind whatsoever nor any distribution pursuant to liquidation or otherwise shall be paid to the purported Transferee in respect of such shares, (b) the voting rights of such shares, if any, on any matter whatsoever shall remain vested in the Transferor, (c) the Transferor shall continue to be bound with respect to its obligations hereunder as the holder of such shares and (d) no such purported Transfer in violation of this Agreement shall be registered by the Company on its books of registry.
Effect of Void Transfers. In the event of any purported Transfer of any Shares in violation of the provisions of this Agreement, such purported Transfer shall be void and of no effect and Parent shall not give effect to such Transfer. Parent shall not be required to enter in its stock or other records, or reflect, recognize or give effect to for any purpose, any Transfer of Shares in violation of this Agreement.
Effect of Void Transfers. Any Transfer made in breach of this Agreement shall be null and void and of no effect, and the Company shall not (i) recognize any purported Transfer of Capital Stock in violation of this Agreement, (ii) record or register any such Transfer of Capital Stock in its share registry, or (iii) cause any third party transfer agent to effect such Transfer, to the extent that it appoints one. In furtherance of the provisions of this Article II, the Company and its transfer agent and registrar are hereby authorized to decline to make any Transfer of shares of Securities if such Transfer would constitute a violation or breach of this Agreement. The Company shall promptly register each Transfer made pursuant to and in accordance with the terms of this Agreement on its books and records, provided that the failure of the Company to do so shall in no way impact or limit the effectiveness of such Transfer.
Effect of Void Transfers. In the event of any purported Transfer of any Securities in violation of the provisions of this Article VI, such purported Transfer shall be void and of no effect and Lessee shall not give effect to such Transfer.
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Effect of Void Transfers. In the event of any purported Transfer of any Options in violation of the provisions of the Plan, such purported Transfer shall, to the extent permitted by applicable law, be void and of no effect.
Effect of Void Transfers. In the event of any purported Transfer of any RSUs in violation of the provisions of the XXX Share Plan, such purported Transfer shall, to the extent permitted by Applicable Law, be void and of no effect.
Effect of Void Transfers. In the event of any purported Transfer of Shares in violation of the provisions of this Agreement and/or any purported Transfer to a Prohibited Person, such purported Transfer shall be void and of no effect, the purported transferee shall have no rights or privileges in or with respect to such Shares or this Agreement, and no effect will be given to any such purported Transfer or entry related thereto made in the records of the Company, to the extent permitted by applicable law.
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