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Common use of VOID AB INITIO Clause in Contracts

VOID AB INITIO. Any purported assignment of a Unit that is not made in compliance with this Agreement is hereby declared to be null and void and of no force or effect whatsoever.

Appears in 5 contracts

Sources: Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC), Operating Agreement (Oxbow Fund LLC)

Related Clauses

  • Amendments to the Equity Definitions
  • Original Terms Unmodified
  • FULL UNDERSTANDING, MODIFICATION AND WAIVER
  • Illegality; Increased Costs; Deposits Not Available
  • Illegality; Increased Costs

Parent Clauses

  • Restrictions on Transfers
  • Transfer of Units
  • Transferability of Members Interest Withdrawals of Capital by Members
  • DEFINITIONS
  • Restrictions on Transfer
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