Transfers Not In Compliance. In the event of any purported or attempted Transfer of Shares by a Stockholder that does not comply with this Agreement, the purported transferee or successor by operation of law shall not be deemed to be a stockholder of the Company for any purpose and shall not be entitled to any of the rights of a stockholder, including, without limitation, the right to vote the Shares or to receive a certificate for the Shares or any dividends or other distributions on or with respect to the Shares.
Transfers Not In Compliance. A purported or attempted Transfer of Registrable Securities by the Stockholder that does not comply with this Agreement shall be void ab initio and the purported transferee or successor by operation of law shall not be deemed to be a stockholder of the Company for any purpose and shall not be entitled to any of the rights of a stockholder, including the right to vote any Registrable Securities or to receive a certificate or certificates for the Registrable Securities or any dividends or other distributions on or with respect to the Registrable Securities.
Transfers Not In Compliance. A purported or attempted Transfer of Shares or Warrants by an Investor, and any purported assignment of Investor’s rights and obligations hereunder, that does not comply with Section 2.1, Section 2.2, Section 2.3 and Section 8.9 shall be void ab initio and the purported transferee or successor by operation of law shall not be deemed to be a stockholder or warrantholder of the Company for any purpose and shall not be entitled to any of the rights of (i) in the case of a Transfer of Shares, a stockholder, including, without limitation, the right to vote any Shares entitled to vote or to receive a certificate or certificates for the Shares or any dividends or other distributions on or with respect to the Shares or (ii) in the case of a Transfer of Warrants, a warrantholder, including, without limitation, the right to exercise such Warrants or to receive shares of Common Stock in respect thereof.
Transfers Not In Compliance. Notwithstanding anything to the contrary contained in this Agreement, any Transfer or attempted Transfer by any Holder of any share(s) of Common Stock, Preferred Stock or Common Stock Equivalents of the Company in violation of any provision of this Agreement shall be null and void ab initio and of no force or effect whatsoever, no such Transfer shall be recorded on the Company’s books and the purported Transferee in any such Transfer shall not be treated (and the Holder proposing to make any such Transfer shall continue be treated) as the owner of such Equity Interests of the Company for all purposes of this Agreement. The Company may institute legal proceedings to force rescission of a Transfer prohibited by this Agreement and to seek any other remedy available to it at law, in equity or otherwise, including an injunction prohibiting any such Transfer.
Transfers Not In Compliance. Any attempted Transfer of a Unit, other than in strict accordance with this Section 3.3, shall be, and is hereby declared, null and void ab initio. The Members agree that a breach of the provisions of this Section 3.3 may cause irreparable injury to the Company and to the Members for which monetary damages (or other remedy at law) are inadequate in view of (i) the complexities and uncertainties in measuring the actual damages that would be sustained by reason of the failure of a transferor to comply with such provisions and (ii) the uniqueness of the Company's business and the relationship among the Members. Accordingly, the provisions of this Section 3.3 may be enforced by specific performance.
Transfers Not In Compliance. In the event of any purported Transfer by a Stockholder or a member of Millxx Xxxta, as the case may be, that does not comply with this Agreement, the purported transferee or successor by operation of law shall not be deemed to be a stockholder of the Company or a member of Millxx Xxxta, as the case may be, for any purpose and shall not be entitled to any of the rights of a stockholder or member, as the case may be, including, without limitation, the right to vote the Shares or interests or to receive a certificate for the Shares or interests or any dividends or other distributions on or with respect to the Shares or interests.
Transfers Not In Compliance. Subject to Section 4.1(d), the right of each Stockholder to Transfer any Common Stock Beneficially Owned thereby during the Lock-Up Period is subject to the restrictions set forth in this Article IV, and no Transfer of Common Stock by any Stockholder during the Lock-Up Period may be effected except in compliance with this Article IV. Any attempted Transfer in violation of this Agreement shall be of no effect and null and void ab initio, regardless of whether the purported transferee has any actual or constructive knowledge of the Transfer restrictions set forth in this Agreement, shall not be recorded on the stock transfer books of the Company, and the purported transferee shall not be entitled to any of the rights of a stockholder, including the right to vote any Common Stock or to receive any dividends or other distributions with respect to the Common Stock.
Transfers Not In Compliance. With this Article are Void. Any attempted transfer of an interest in the Company, or any part thereof, not in compliance with this Article 8 is null and void ab initio.
Transfers Not In Compliance. No Transfer of Merger Shares in --------------------------- violation of this Agreement shall be made or recorded on the books of the Company and any such Transfer shall be void and of no effect.
Transfers Not In Compliance. A purported or attempted Transfer of shares of Common Stock by a Sxxxxxx Party or MPT, and any purported assignment of a Sxxxxxx Party’s or MPT’s rights and obligations hereunder, that does not comply with Section 3.1, Section 3.2, Section 3.3 and Section 9.5 shall be void ab initio and the purported transferee or successor by operation of law shall not be deemed to be a stockholder of the Company for any purpose and shall not be entitled to any of the rights of a stockholder, including, without limitation, the right to vote any shares of Common Stock entitled to vote or to receive a certificate or certificates for the shares of Common Stock or any dividends or other distributions on or with respect to the shares of Common Stock.
