Common use of Attempted transfer Clause in Contracts

Attempted transfer. The units are subject to forfeiture in the discretion of the administrative authority if Grantee attempts to sell, assign, transfer, pledge, or otherwise dispose of or encumber them during the applicable restricted periods.

Attempted transfer. The units are subject to forfeiture in the discretion of the administrative authority Corporation if Grantee attempts to sell, assign, transfer, pledge, or otherwise dispose of or encumber them during the applicable restricted periods.