Certain Restrictions Prior to Vesting. Prior to the vesting of the Restricted Stock pursuant to Section 3, the Advisor shall not assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Restricted Stock or any of the rights relating thereto; and any such transfer or encumbrance or any attempt to transfer or encumber the Restricted Stock or the rights relating thereto shall be wholly ineffective and void ab initio.”
Appears in 3 contracts
Samples: Support and Restricted Stock Agreement (CNL Healthcare Properties II, Inc.), Restricted Stock Agreement (CNL Healthcare Properties II, Inc.), And Restricted Stock Agreement (CNL Healthcare Properties, Inc.)
Certain Restrictions Prior to Vesting. Prior to the vesting of the Restricted Stock pursuant to under Section 34.2, the Advisor shall not assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Restricted Stock or any of the rights relating thereto; and any such transfer or encumbrance or any attempt to transfer or encumber the Restricted Stock or the rights relating thereto shall be wholly ineffective and void ab initio.”
Appears in 1 contract
Samples: Reimbursement and Restricted Stock Agreement (Global Income Trust, Inc.)
Certain Restrictions Prior to Vesting. Prior to the vesting of the Restricted Stock pursuant to Section 3, the Advisor Property Manager shall not assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Restricted Stock or any of the rights relating thereto; and any such transfer or encumbrance or any attempt to transfer or encumber the Restricted Stock or the rights relating thereto shall be wholly ineffective and void ab initio.”
Appears in 1 contract
Samples: And Restricted Stock Agreement (CNL Healthcare Properties, Inc.)
Certain Restrictions Prior to Vesting. Prior to the vesting of the Restricted Stock pursuant to Section 3, the Advisor shall not assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Restricted Stock or any of the rights relating thereto; and any such transfer or encumbrance or any attempt to transfer or encumber the Restricted Stock or the rights relating thereto shall be wholly ineffective and void ab initio.”
Appears in 1 contract
Samples: Restricted Stock Agreement (CNL Healthcare Properties II, Inc.)