Common use of Rights Not Transferable Clause in Contracts

Rights Not Transferable. The rights of the Company Holders as of immediately prior to the Effective Time are personal to each such Company Holders and shall not be transferable for any reason otherwise than by operation of law, will or the laws of descent and distribution. Any attempted transfer of such right by any Company Holders (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Prosper Marketplace Inc)

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Rights Not Transferable. The rights of the Company Holders Members as of immediately prior to the Effective Time Time, are personal to each such Company Holders member and shall will not be transferable for any reason otherwise than by operation of law, will or the laws of descent and distribution. Any attempted transfer of such right by any Company Holders 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 (Home Solutions of America Inc)

Rights Not Transferable. The rights of the Company Holders as of immediately prior to the Effective Time are personal to each such Company Holders Holder and shall not be transferable for any reason otherwise other than by operation of law, will or the laws of descent and distributiondistribution or with the prior written consent of Acquiror. Any attempted transfer of such right by any Company Holders 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 (Wright Medical Group Inc)

Rights Not Transferable. The rights of the Company Holders each Rights Holder as of immediately prior to the Effective Time are personal to each such Company Holders Rights Holder and shall not be transferable for any reason otherwise than by operation of law, will or the laws of descent and distribution. Any attempted transfer of such right by any Company Holders 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 (Atmel Corp)

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Rights Not Transferable. The rights of the each Company Holders Holder as of immediately prior to the Effective Time are personal to each such Company Holders Holder and shall not be transferable for any reason otherwise than by operation of law, will or the laws of descent and distribution. Any attempted transfer of such right by any Company Holders 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 (Lattice Semiconductor Corp)

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