Related Clauses

Valid Assignment
Invalid Assignment
Non-Assignment
Lien; Valid Assignment
Subletting and Assignment
Parties Bound; Assignment
Sublease and Assignment
Permitted Assignment
Termination and Assignment
Sale and Assignment

Parent Clauses

Transfers
Transfers Admission of Members
DEFINITIONS
Organization
Transfers and Other Events
Order of Precedence
Amendments
General and Administrative Provisions
Master Terms and Conditions
Further Assurances

Sub-Clauses

Waiver of Certain Rights
Dissolution
Indemnification and Reimbursement for Payments on Behalf of a Member
Entire Agreement
Effect of Waiver or Consent
Deficit Capital Accounts
Severability
Notices
Cancellation of Certificate
Liquidation and Termination

Void Assignment. Any Transfer by any Member in contravention of this Agreement shall be void and ineffectual and shall not bind or be recognized by the Company or any other party. In the event of any Transfer in contravention of this Agreement, the purported transferee shall have no right to any profits, losses or distributions of the Company or any other rights of a Member.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (PRETIUM CANADA Co), Limited Liability Company Agreement (Centerpoint Properties Trust), Limited Liability Company Agreement (Centerpoint Properties Trust)

Void Assignment. Any Transfer by any Member in contravention of --------------- this Agreement shall be void and ineffectual and shall not bind or be recognized by the Company or any other party. In the event of any Transfer in contravention of this Agreement, the purported transferee shall have no right to any profits, losses or distributions of the Company or any other rights of a Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Petersen Holdings LLC), Petersen Holdings LLC

Void Assignment. Any Transfer by any Member in contravention of this Agreement shall be void and ineffectual and shall not bind or be recognized by the Company or any other party. In the event of any Transfer in contravention of this Agreement, the purported transferee shall have no right to any ~~profits~~Profits, ~~losses~~ Losses or distributions of the Company or any other rights of a Member.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Agreement (Hanson Luise V)

Void Assignment. Any Transfer by any Member in contravention of this Agreement shall be void and ineffectual and shall not bind or be recognized by the Company or any other party. In the event of any Transfer in contravention of this Agreement, 52 <PAGE> the purported transferee shall have no right to any profits, losses or distributions of the Company or any other rights of a Member.. ARTICLE V.

Appears in 1 contract

Samples: www.sec.gov

Common use of Void Assignment Clause in Contracts