Prohibited Transfer definition

Prohibited Transfer means any Transfer or purported Transfer of Corporation Securities to the extent that such Transfer is prohibited and/or void under this Article IX.

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Prohibited Transfer shall have the meaning set forth in Section 6.2 hereof.

Prohibited Transfer has the meaning assigned in Section 7.1(a).

Examples of Prohibited Transfer in a sentence

• This provision shall apply to every Prohibited Transfer, whether or not Lender has consented to any previous Prohibited Transfer.

• Notwithstanding anything contained herein to the contrary, each of any FIRRMA Prohibited Transfer and FIRRMA Prohibited Filing Event shall be deemed prohibited hereunder as a breach hereof and Borrower shall not permit the same to occur without ▇▇▇▇▇▇’s prior written consent.

• All expenses incurred by Lender shall be payable by Borrower whether or not Lender consents to the Prohibited Transfer.

• Lender shall not be required to demonstrate any actual impairment of its security or any increased risk of default hereunder in order to declare the Debt immediately due and payable upon a Prohibited Transfer without ▇▇▇▇▇▇’s consent.

• Borrower shall (and shall cause its Constituent Owners and Affiliates to) (a) at all times comply with the representations and covenants contained in Section 3.30 such that the same remain true, correct and not violated or breached and (b) not permit a Prohibited Transfer to occur and shall cause the ownership and Control requirements specified in this Article 6 (including, without limitation, those stipulated in Section 6.3 hereof) to be complied with at all times.

More Definitions of Prohibited Transfer

Prohibited Transfer means any purported Transfer of Corporation Securities to the extent that such Transfer is prohibited and/or void under this Article XII.

Prohibited Transfer has the meaning ascribed to it in Section 5.4(a) of this Agreement.

Prohibited Transfer means any purported transfer of Stock to the extent that such transfer is prohibited under this Article NINTH;

Prohibited Transfer means any 5% Transaction (other than a Permitted Transfer).

Prohibited Transfer has the meaning ascribed to such term in Section 6.5(c).

Prohibited Transfer has the meaning set forth in Section 2.3(a).

Prohibited Transfer means any Transfer or purported Transfer of Partnership Instruments to the extent that such Transfer is or would be prohibited and/or void under this Section 4.9.