Common use of Voidability Clause in Contracts

Voidability. Notwithstanding any other provision in this Section 3, the Company reserves the right to treat as void any transfer of Securities which the Company reasonably believes to be unlawful or fraudulent for any reason, including based on a transfer of SITs, which the Company reserves the right to reissue in such cases.

Appears in 4 contracts

Sources: Revenue Participation Agreement, Revenue Participation Agreement, Revenue Participation Agreement

Voidability. Notwithstanding any other provision in this Section 31, the Company reserves the right to treat as void any transfer of Securities Interests which the Company reasonably believes to be unlawful or fraudulent for any reason, including based on a transfer of SITs, which the Company reserves the right to reissue in such cases.

Appears in 1 contract

Sources: Subscription Agreement