Common use of Effect of Prohibited Transfers Clause in Contracts

Effect of Prohibited Transfers. If any Transfer by any Stockholder or Other Stockholder is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company and the other parties hereto shall have, in addition to any other legal or equitable remedies which they may have, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); and the Company shall have the right to refuse to recognize any proposed Transferee of any Stockholder or Other Stockholder as a stockholder of the Company or for any other purpose.

Effect of Prohibited Transfers. If any Transfer by any Stockholder or Other Stockholder is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company and the other parties hereto shall have, in addition to any other legal or equitable remedies which they may have, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); and the Company shall have the right to refuse to recognize any proposed improper Transferee of any Stockholder or Other Stockholder as a stockholder of the Company or for any other purpose.

Effect of Prohibited Transfers. If any Transfer by any Stockholder or Other Existing Stockholder is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company Company, the Investors and the other parties hereto shall have, in addition to any other legal or equitable remedies which they may have, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); and the Company shall have the right to refuse to recognize any proposed Transferee of any Existing Stockholder or Other Stockholder as a stockholder of the Company or for any other purpose.

Effect of Prohibited Transfers. If any Transfer by any Stockholder or Other Restricted Stockholder is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company and the other parties hereto shall have, in addition to any other legal or equitable remedies which they may have, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); and the Company shall have the right to refuse to recognize any proposed Transferee as one of any Stockholder or Other Stockholder as a stockholder of the Company or its Stockholders for any other purpose.

Effect of Prohibited Transfers. If any Transfer by any Stockholder or Other Stockholder of Shares is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company and the other parties hereto shall have, in addition to any other legal or equitable remedies which they may have, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); and the Company shall have the right to refuse to recognize any proposed Transferee as one of any Stockholder or Other Stockholder as a stockholder of the Company or its stockholders for any other purpose, and in the case of Restricted Shares, shall refuse to recognize any Transferee as one of its stockholders for any purpose.

Effect of Prohibited Transfers. If any Transfer by any Management Stockholder or Other Stockholder Investor is made or attempted contrary to in violation of the provisions of this Agreement, (a) such purported Transfer shall be void ab initio; , (b) the Company and the other parties hereto shall have, in addition to any other legal or equitable remedies which they may haveavailable to them, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); ) and (c) the Company shall have the right to refuse to recognize any proposed Transferee of any such Management Stockholder or Other Stockholder as a stockholder of the Company or Investor for any other purpose.