Consequences of an Unpermitted Transfer. To the fullest extent permitted by law, any transfer of a Member’s Company Interest in violation of the applicable provisions of this Agreement shall be void.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Oasis Petroleum Inc.), Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP)
Consequences of an Unpermitted Transfer. To the fullest extent permitted by law, any transfer Any Transfer of a Member’s Company Interest 's Membership Interests made in violation of the applicable provisions of this Agreement shall be voidvoid and without legal effect.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Usx Corp), Limited Liability Company Agreement (Ashland Inc), Limited Liability Company Agreement (NanoDynamics, Inc.)
Consequences of an Unpermitted Transfer. To the fullest extent permitted by law, any transfer Any Transfer of a Member’s Company Interest Membership Interests made in violation of the applicable provisions of this Agreement shall be voidvoid and without legal effect.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Ashland Inc)
Consequences of an Unpermitted Transfer. To the fullest extent permitted by law, any transfer of a Member’s Company Interest in violation of the applicable provisions of this Agreement shall be voidvoid ab initio.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (BP Midstream Partners LP), Contribution, Assignment and Assumption Agreement (BP Midstream Partners LP), Limited Liability Company Agreement (BP Midstream Partners LP)
