Common use of Rights Not Transferable Clause in Contracts

Rights Not Transferable. The rights of the Shareholders as of immediately prior to the Effective Time are personal to each such Shareholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural person, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 4 contracts

Samples: Business Combination Agreement (Ace Global Business Acquisition LTD), Agreement and Plan of Merger (Parsec Capital Acquisitions Corp.), Agreement and Plan of Merger (American Acquisition Opportunity Inc.)

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Rights Not Transferable. The rights of the Shareholders Stockholders as of immediately prior to the Effective Time are personal to each such Shareholder holder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural person, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (BCTG Acquisition Corp.), Agreement and Plan of Merger (Rodgers Silicon Valley Acquisition Corp)

Rights Not Transferable. The rights of the Company Shareholders as of immediately prior to the Effective Time are personal to each such Company Shareholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural personPerson, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof Company Shareholder (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mountain Crest Acquisition Corp. III)

Rights Not Transferable. The rights of the Shareholders Stockholders as of immediately prior to the Effective Time are personal to each such Shareholder Person and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, otherwise than by operation of Law or (ii) in the case of a natural personlaw, by will or the Laws laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (RTI Biologics, Inc.)

Rights Not Transferable. The rights of the Shareholders Stockholders as of immediately prior to the Effective Time are personal to each such Shareholder securityholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, otherwise than by operation of Law or (ii) in the case of a natural personlaw, by will or the Laws laws of descent and distribution)distribution or with the prior written consent of Buyer. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (U.S. Silica Holdings, Inc.)

Rights Not Transferable. The rights of the Shareholders Stockholders as of immediately prior to the Effective Time are personal to each such Shareholder holder and shall not be assignable or otherwise transferable for any reason (except (a) (i) in the case of an entity, by operation of Law or (ii) in the case of a natural person, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mountain Crest Acquisition Corp II)

Rights Not Transferable. The rights of the Shareholders as of immediately prior to the Effective Time are personal to each such Shareholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural personPerson, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof Shareholder (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arisz Acquisition Corp.)

Rights Not Transferable. The rights of the Shareholders Stakeholders as of immediately prior to the Effective Time are personal to each such Shareholder Stakeholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, otherwise than by operation of Law or (ii) in the case of a natural personlaw, by will or the Laws laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Frank's International N.V.)

Rights Not Transferable. The rights of the Shareholders with respect to their Company Ordinary Shares as of immediately prior to the Effective Time are personal to each such Shareholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural personPerson, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof Shareholder (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kairous Acquisition Corp. LTD)

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Rights Not Transferable. The rights of the Shareholders as of immediately prior to the Effective Time are personal to each such Shareholder and shall not be assignable or otherwise transferable for any reason (except (ia) in the case of an entity, by operation of Law or (iib) in the case of a natural personPerson, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof Shareholder (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Genesis Unicorn Capital Corp.)

Rights Not Transferable. The rights of the Company Shareholders as of immediately prior to the Effective Time Time, are personal to each such Shareholder holder and shall will not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, otherwise than by operation of Law or (ii) in the case of a natural personlaw, by will or the Laws laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall will be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sonicwall Inc)

Rights Not Transferable. The rights of the Shareholders as of immediately prior to the Effective Time are personal to each such Shareholder and nontransferable. Such rights shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural personPerson, by will or the Laws of descent and distribution). Any For the avoidance of doubt, any attempted transfer of such right by any holder thereof Shareholder (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nova Vision Acquisition Corp)

Rights Not Transferable. The rights of the Company Shareholders as of immediately prior to the Effective Time are personal to each such Shareholder holder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural person, by will or the Laws of descent and distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Technology & Telecommunication Acquisition Corp)

Rights Not Transferable. The rights of the Shareholders as of Shareholder with respect to its Company Ordinary Shares immediately prior to the Effective Time are personal to each such the Shareholder and shall not be assignable or otherwise transferable for any reason (except (i) in the case of an entity, by operation of Law or (ii) in the case of a natural person, by will or the Laws of descent and distributionLaw). Any attempted transfer of such right by any holder thereof the Shareholder (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kairous Acquisition Corp. LTD)

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