Common use of Effect of Prohibited Transfers Clause in Contracts

Effect of Prohibited Transfers. If any Transfer by any Existing Stockholder is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the 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 Transferee of any Existing Stockholder for any purpose.

Effect of Prohibited Transfers. If any Transfer by any Existing Stockholder Founder or Investor is made or attempted contrary to the provisions of this Agreement, (a) such purported Transfer shall be void ab initio; the CompanyAB INITIO, the Investors (b) New Holdings 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 (c) New Holdings shall have the right to refuse to recognize any Transferee of any Existing Stockholder such Founder or Investor for any purpose.

Effect of Prohibited Transfers. If any Transfer by any Existing Management Stockholder or 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, the Investors 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 Transferee of any Existing such Management Stockholder or Investor for any purpose.

Effect of Prohibited Transfers. If any Transfer by any Existing Stockholder Investor is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company, the Investors 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 Transferee as one of any Existing Stockholder its Stockholders for any purpose.

Effect of Prohibited Transfers. If any Transfer by any Existing Restricted Stockholder is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company, the Investors 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 Transferee as one of any Existing Stockholder its Stockholders for any purpose.

Effect of Prohibited Transfers. If any Transfer by any Existing Stockholder of Shares is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company, the Investors 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 Transferee as one of its stockholders for any Existing Stockholder purpose, and in the case of Restricted Shares, shall refuse to recognize any Transferee as one of its stockholders for any purpose.