Other Transfer Provisions Sample Clauses

Other Transfer Provisions. (a) To the fullest extent permitted by law, any purported Transfer by a Member of all or any part of its Interest in the Company in violation of this Article VII shall be null and void and of no force or effect.
AutoNDA by SimpleDocs
Other Transfer Provisions. 57 ARTICLE X
Other Transfer Provisions. (a) Any purported Transfer by a Member of all or any part of its Units in violation of this Article IX shall be null and void and of no force or effect.
Other Transfer Provisions. (a) Notwithstanding the provisions of Sections 3.2(b), 3.2(c) or 3.3, no Member may Transfer or Encumber all or any part of its Interest if such Transfer or Encumbrance would (i) violate any provision of any Indebtedness or the organizational documents of the Company, (ii) violate, or cause the Company to violate, any applicable law or regulation, including any federal or state securities laws, or (iii) jeopardize the status of the Company as a partnership for federal income tax purposes.
Other Transfer Provisions. If any Interest is transferred during any accounting period pursuant to this Agreement, each item of income, gain, loss, expense, deduction and credit and all other items attributable to such Interest for such period shall be divided and allocated between the transferor and the transferee by taking into account their varying Interests during such period in accordance with section 706(d) of the Code, using any conventions permitted by law and selected by the Managing Member. All distributions on or before the date of such transfer shall be made to the transferor, and all distributions thereafter shall be made to the transferee.
Other Transfer Provisions. .. 15 SECTION 8.3 Partnership Interests as Securities; Evidence of Partnership Interest .. 16
Other Transfer Provisions. (a) Except in the event of a Triggering IPO or Qualified IPO, no Transfer of any Equity Stock permitted under this Agreement shall be effective at any time prior to the termination of this Agreement unless the transferee thereof shall have executed an appropriate document confirming that (i) such transferee or transferees takes such Equity Stock subject to all of the terms and conditions of this Agreement and (ii) the certificates or other instruments representing such Equity Stock shall bear the legend set forth in Section 6.1 hereof or such other legend acceptable to the Company indicating that such Equity Stock is subject to the terms of this Agreement, and such document and certificate shall have been delivered to and approved by the Board prior to such transferee's acquisition of Equity Stock. The Company shall not transfer upon its books any Equity Stock held or owned by any Stockholder to any person except in accordance with this Agreement.
AutoNDA by SimpleDocs
Other Transfer Provisions. (a) Except as otherwise provided in Section 5, the Holders effecting any Transfer of Class B Common Shares (or Common Shares from the conversion of such Class B Common Shares) permitted hereunder shall pay all reasonable costs and expenses, including attorneys’ fees and disbursements, incurred by Holdings in connection with the Transfer on a pro rata basis in proportion to the number of Class B Common Shares (or Common Shares from the conversion of such Class B Common Shares) so transferred by each such Holder.
Other Transfer Provisions. 9.1. Other Transfer Restrictions 9.2. Legends
Other Transfer Provisions. Any purported Transfer by a Member of all or any part of such Member's Units, or any economic rights associated with such Member's Units in violation of this Article 10 shall be null and void and of no force or effect and such purported transferee shall not be entitled to any allocations or distributions with respect to such Units (or such economic rights) and shall have no right to any information or accounting of the affairs of the Company, shall not be entitled to inspect any books or records of the Company, and shall not have any of the rights of a Member or assignee under the Act or this Agreement. The rights to such allocations and distributions and the other rights set forth in this Section 10.02 shall continue to be held by the purported transferor of the Units (or associated economic rights).
Time is Money Join Law Insider Premium to draft better contracts faster.