Void Transfers. Any attempt to Transfer Units or any other interest in the Company in violation of this Agreement shall be ineffective and the Company and the Members shall have no obligation to recognize the purported Transfer in any manner.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Luna Azul Development Fund, LLC), Limited Liability Company Agreement (Luna Azul Development Fund, LLC), Limited Liability Company Agreement (Luna Azul Development Fund, LLC)
Void Transfers. Any attempt to Transfer by any Unitholder of any Units or any other interest in the Company in violation contravention of this Agreement shall be ineffective void and ineffectual and shall not bind or be recognized by the Company and the Members shall have no obligation to recognize the purported Transfer in or any mannerother party.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Pinnacle Financial Partners Inc), Limited Liability Company Agreement (Pinnacle Financial Partners Inc)
Void Transfers. Any attempt to Transfer Units or any other interest Interests in the Company in violation of this Agreement shall be ineffective and the Company and the Members shall have no obligation to recognize the purported Transfer in any manner.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Golden Pacific Homes, LLC), Limited Liability Company Agreement (Golden Pacific Homes, LLC)
