Common use of Overriding Provisions Clause in Contracts

Overriding Provisions. (a) Any Transfer in violation of this Article X shall, to the fullest extent permitted by applicable Law, be null and void ab initio, and the provisions of Sections 10.05 and 10.06 shall not apply to any such Transfers. For the avoidance of doubt, any Person to whom a Transfer is made or attempted in violation of this Article X shall not be admitted as a member of the Company, shall not be entitled to vote on any matters coming before the Members and shall not have any other rights in or with respect to any rights of a Member. The approval of any Transfer in any one or more instances shall not limit or waive the requirement for such approval in any other or future instance.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Cartesian Growth Corp), Limited Liability Company Agreement (Tiedemann Michael), Limited Liability Company Agreement (Digital Landscape Group, Inc.)

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Overriding Provisions. (a) Any Transfer in violation of this Article X shall, to the fullest extent permitted by applicable Law, shall be null and void ab initio, and the provisions of Sections 10.05 and 10.06 shall not apply to any such Transfers. For the avoidance of doubt, any Person to whom a Transfer is made or attempted in violation of this Article X shall not be admitted as become a member of the CompanyMember, shall not be entitled to vote on any matters coming before the Members and shall not have any other rights in or with respect to any rights of a Member. The approval Member of any Transfer in any one or more instances shall not limit or waive the requirement for such approval in any other or future instanceCompany.

Appears in 2 contracts

Samples: Joinder Agreement (Neff Corp), Limited Liability Company Agreement (Neff Corp)

Overriding Provisions. (a) Any Transfer in violation of this Article X shallX, to the fullest extent permitted by applicable Law, shall be null and void ab initio, and the provisions of Sections 10.05 and 10.06 shall not apply to any such Transfers. For the avoidance of doubt, any Person to whom a Transfer is made or attempted in violation of this Article X shall not be admitted as become a member of the CompanyMember, shall not be entitled to vote on any matters coming before the Members Members, and shall not have any other rights in or with respect to any rights of a MemberMember of the Company. The approval of any Transfer in any one or more instances shall not limit or waive the requirement for such approval in any other or future instance.. The Manager shall promptly amend the Schedule of Members to reflect any Transfer pursuant to this Article X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bounty Minerals, Inc.)

Overriding Provisions. (a) Any Transfer in violation of this Article X shall, to the fullest extent permitted by applicable Law, IX shall be null and void ab initio, and the provisions of Sections 10.05 and 10.06 Section 9.2 shall not apply to any such Transfers. For the avoidance of doubt, any Person to whom a Transfer is made or attempted in violation of this Article X IX shall not be admitted as become a member of the CompanyMember, shall not be entitled to vote on any matters coming before the Members (if any) and shall not have any other rights in or with respect to any rights of a MemberMember of the Company. The approval of any Transfer in any one or more instances shall not limit or waive the requirement for such approval in any other or future instance.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Invisa Inc)

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Overriding Provisions. (a) Any Transfer in violation of this Article X shallX, to the fullest extent permitted by applicable Lawlaw, shall be null and void ab initio, and the provisions of Sections 10.05 and 10.06 shall not apply to any such Transfers. For the avoidance of doubt, any Person to whom a Transfer is made or attempted in violation of this Article X shall not be admitted as become a member of the CompanyMember, shall not be entitled to vote on any matters coming before the Members Members, and shall not have any other rights in or with respect to any rights of a MemberMember of the Company. The approval of any Transfer in any one or more instances shall not limit or waive the requirement for such approval in any other or future instance.. The Manager shall promptly amend the Schedule of Members to reflect any Transfer pursuant to this Article X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Desert Peak Minerals Inc.)

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