Common use of Invalid Transfer Clause in Contracts

Invalid Transfer. No Transfer of Units which is in violation of this Section 10 shall be valid or effective, and the Partnership shall not recognize the same for the purposes of making any allocation or distribution.

Appears in 11 contracts

Samples: Agreement (Millennium Chemicals Inc), Agreement (Equistar Chemicals Lp), Lease Agreement (Millennium Chemicals Inc)

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Invalid Transfer. No Transfer of Units which is in violation of ---------------- this Section 10 shall be valid or effective, and the Partnership shall not ---------- recognize the same for the purposes of making any allocation or distribution.

Appears in 2 contracts

Samples: Lease Agreement (Lyondell Chemical Co), Lease Agreement (Equistar Chemicals Lp)

Invalid Transfer. No Transfer of Units which is in violation of this Section 10 shall be valid or effective, and the Partnership shall not recognize the same for the purposes of making any allocation or Or distribution.

Appears in 1 contract

Samples: LyondellBasell F&F Holdco, LLC

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Invalid Transfer. No Transfer of Units which is in violation of this ---------------- Section 10 shall be valid or effective, and the Partnership shall not recognize ---------- the same for the purposes of making any allocation or distribution.

Appears in 1 contract

Samples: Lease Agreement (Equistar Funding Corp)

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