Common use of Void Transfers Clause in Contracts

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer by any Member of any Membership Interests or other interest in the Company in contravention of this Agreement shall be void and ineffective and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee shall have no right to any profits, losses or Distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer made or permitted by any Member of all or any Membership Interests or other portion of its equity interest in the Company (including, for the avoidance of doubt, any Transfer of any Units, or any equity interests in any Member or other Person that directly or indirectly owns Units) in contravention of this Agreement shall be ineffective and null and void and ineffective ab initio, and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee shall have no right to any profits, losses or Distributions distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer by any Member of any Membership Interests or other interest in the Company LLP in contravention of this Agreement shall be void and ineffective and shall not bind or be recognized by the Company LLP or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee shall have no right to any profits, losses or Distributions of the Company LLP or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer by any Member of any Membership Interests or other interest in the Company (including, for the avoidance of doubt, any Transfer of any Person which directly or indirectly owns Membership Interests) in contravention of this Agreement shall be ineffective and null and void and ineffective ab initio and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee transferee shall have no right to any profits, losses or Distributions distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Lawapplicable law, any Transfer by any Member of any Membership Interests Interest or portion thereof (including any Economic Interest) or other interest in the Company in contravention of this Agreement shall be void and ineffective and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee shall have no right to any profits, losses or Distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Any Transfer by any Member of any Membership Interests Interest or other interest in the Company in contravention of this Agreement shall be void and ineffective ineffectual and shall not bind or be recognized by the Company or any other Personparty. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee shall have no right to any profits, losses or Distributions of the Company or any other rights of a Memberbe an Unadmitted Assignee as contemplated in Section 3.4(b).

Void Transfers. To the greatest extent permitted by the Act and other Law, any Any Transfer by any Member Unitholder of any Membership Interests Units or other interest in the Company in contravention of this Agreement (including, without limitation, the failure of the Transferee to execute a counterpart in accordance with Section 8.1(b)) shall be void ab initio and ineffective ineffectual and shall not bind or be recognized by the Company or any other Personparty. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the No such purported Transferee shall have no any right to any profits, losses or Distributions distributions of the Company or any other rights of a MemberCompany.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer by any Member of any Membership Interests Interest (or any portion thereof) or other interest in the Company in contravention of this Agreement shall be ineffective and null and void and ineffective ab initio and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee transferee shall have no right to any profits, losses or Distributions distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer by any Member of any Membership Interests Units or other interest in the Company (including, for the avoidance of doubt, any Transfer of any Person which directly or indirectly owns Units) in contravention of this Agreement shall be ineffective and null and void and ineffective ab initio and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee transferee shall have no right to any profits, losses or Distributions distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Applicable Law, any Transfer by any Member of any Membership Interests or other interest in the Company (including any Transfer of any Person which directly or indirectly owns Membership Interests) in contravention of this Agreement shall be ineffective and null and void and ineffective ab initio and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Applicable Law, the purported Transferee transferee shall have no right to any profits, losses or Distributions distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Any Transfer by any Member of any Membership Interests Units or other interest Interest in the Company in contravention of this Agreement (including, but not limited to, the failure of the Transferee to execute a counterpart in accordance with Section 9.l(c)) shall be void and ineffective ineffectual and shall not bind or be recognized by the Company or any other Personparty. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the No purported Transferee assignee shall have no any right to any profits, losses or Distributions distributions of the Company or any other rights of a MemberCompany.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Transfer transfer by any Member of any Membership Interests Units or other interest in the Company in contravention of this Agreement shall be ineffective and null and void and ineffective ab initio and shall not bind or be recognized by the Company or any other Person. In the event of any Transfer transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, neither the purported Transferee transferee nor the holder of any Units with respect to which a transfer prohibited by this Agreement was attempted shall have no any right to any profits, losses or Distributions distributions of the Company or any other rights of a Member.

Void Transfers. To the greatest extent permitted by the Act and other Law, any Any Transfer by any Member of any Membership Interests Units or other interest in the Company in contravention of this Agreement shall be void and ineffective ineffectual and shall not bind or be recognized by the Company or any other Personparty. In the event of any Transfer in contravention of this Agreement, to the greatest extent permitted by the Act and other Law, the purported Transferee transferee shall have no right to any profitsProfits, losses Losses or Distributions of the Company or any other rights of a Member.