Common use of Improper Transfer Clause in Contracts

Improper Transfer. In the event of any purported or attempted Transfer by a Shareholder that does not comply with the provisions of this Agreement, such attempted Transfer shall be null and void ab initio and will confer no rights whatsoever on the purported Transferee as against the Company or any other Shareholder of the Company, including the Shareholders, and the Company shall not record such Transfer on its books or treat any purported Transferee of such Equity Securities as the owner of such Equity Securities for any purpose.

Appears in 4 contracts

Sources: Preferred Stock Purchase Agreement (TypTap Insurance Group, Inc.), Shareholder Agreement (TypTap Insurance Group, Inc.), Shareholder Agreement (HCI Group, Inc.)

Improper Transfer. In the event of Any attempt to transfer any purported or attempted Transfer by a Shareholder that does not comply Equity Securities other than in accordance with the provisions of this Agreement, such attempted Transfer Agreement shall be null and void ab initio and will confer no rights whatsoever on the purported Transferee as against the Company right, title or any other Shareholder of the Company, including the Shareholders, and the Company shall not record such Transfer on its books interest in or treat any purported Transferee of to such Equity Securities as shall be transferred to the owner of purported transferee, buyer, donee, assignee or encumbrance holder. The Company will not give, and will not permit the Company’s transfer agent to give, any effect to any such Equity Securities for any purposeattempted transfer on its records.

Appears in 4 contracts

Sources: Shareholder Agreement (SB/RH Holdings, LLC), Shareholder Agreement (Energizer Holdings, Inc.), Acquisition Agreement (SB/RH Holdings, LLC)

Improper Transfer. In Any attempt to Transfer any Securities in violation of the event of any purported or attempted Transfer by a Shareholder that does not comply with the provisions terms of this Agreement, such attempted Transfer Agreement shall be null and void ab initio and will confer no rights whatsoever on right, title or interest therein or thereto shall be Transferred to the purported Transferee as against the Company or any other Shareholder of the Company, including the ShareholdersTransferee. Holdings will not give, and the Company shall will not record permit Holdings’ transfer agent to give, any effect to such attempted Transfer on its books or treat any purported Transferee of such Equity Securities as the owner of such Equity Securities for any purposerecords.

Appears in 1 contract

Sources: Common Stock Purchase Agreement (Capstone Dental Pubco, Inc.)

Improper Transfer. In Any attempt to Transfer any Securities in violation of the event of any purported or attempted Transfer by a Shareholder that does not comply with the provisions terms of this Agreement, such attempted Transfer Agreement shall be null and void ab initio and will confer no rights whatsoever on right, title or interest therein or thereto shall be Transferred to the purported Transferee as against the Transferee. The Company or any other Shareholder of will not give, and will not permit the Company’s transfer agent to give, including the Shareholders, and the Company shall not record any effect to such attempted Transfer on its books or treat any purported Transferee of such Equity Securities as the owner of such Equity Securities for any purposerecords.

Appears in 1 contract

Sources: Stockholders Agreement (99 Cents Only Stores)

Improper Transfer. In Any attempt to Transfer any shares of Stock in violation of the event of any purported or attempted Transfer by a Shareholder that does not comply with the provisions terms of this Agreement, such attempted Transfer Agreement shall be null and void ab initio and no right, title or interest in or to such Stock shall be Transferred to the purported transferee, buyer, donee, assignee or encumbrance holder. The Company will not give, and will confer no rights whatsoever on the purported Transferee as against the Company or any other Shareholder of not permit the Company’s transfer agent to give, including the Shareholders, and the Company shall not record any effect to such attempted Transfer on its books or treat any purported Transferee of such Equity Securities as the owner of such Equity Securities for any purposestock records.

Appears in 1 contract

Sources: Stockholders Agreement (General Nutrition Centers, Inc.)

Improper Transfer. In Any attempt to Transfer any Securities in violation of the event of any purported or attempted Transfer by a Shareholder that does not comply with the provisions terms of this Agreement, such attempted Transfer Agreement shall be null and void ab initio void, and no right, title or interest in or to such Securities shall be Transferred to the purported Transferee. The Company will not give, and will confer no rights whatsoever on the purported Transferee as against the Company or any other Shareholder of not permit the Company’s transfer agent to give, including the Shareholders, and the Company shall not record any effect to such attempted Transfer on its books stock or treat any purported Transferee of such Equity Securities as the owner of such Equity Securities for any purposeother records.

Appears in 1 contract

Sources: Note Purchase Agreement (Angiotech Pharmaceuticals Inc)