Effect of Purported Transfer. The Company agrees with, and covenants to, each other party hereto that the Company shall not register the transfer (book entry or otherwise) of any certificate or uncertified interest representing any of the Shares, unless such transfer is made in compliance with this Agreement. The parties hereto agree that any transfer of the Shares made other than in compliance with this Agreement shall be null and void. Any such transfer shall convey no interest in any of the Shares purported to be transferred, and the transferee shall not be deemed to be a stockholder of the Company nor entitled to receive a new share certificate or any rights, dividends or other distributions on or with respect to such Shares.
Effect of Purported Transfer. The parties hereto agree that any transfer of the Shares made other than in compliance with this Agreement shall be null and void. Any such transfer shall convey no interest in any of the Shares purported to be transferred, and the transferee shall not be deemed to be a stockholder of the Company nor entitled to receive a new share certificate or any rights, dividends or other distributions on or with respect to such Shares.
Effect of Purported Transfer. Any purported Transfer of all or part of a Member's Units that is not in accordance with the provisions of this Agreement shall be null and void, and shall not operate to Transfer any right, title or interest in the Units to the purported transferee. The Company shall not cause or permit the Transfer of any Units to be made on its books unless the Transfer is permitted by this Agreement and has been made in accordance with its terms.
Effect of Purported Transfer. Any Transfer in violation of this Section 7: (i) shall, to the fullest extent permitted by law, be null and void as against the Partnership and the other Partners; and (ii) shall, to the fullest extent permitted by law, not be recognized or permitted by, or duly reflected in the official books and records of, the Partnership. The preceding sentence shall not be applied to prevent the Partnership from enforcing any rights it may have in respect of a transferor or transferee arising under this Agreement or otherwise (including any rights arising under Section 10.6).
Effect of Purported Transfer. No transfer of Membership Rights in the Company in violation of this Agreement shall be of any force or effect, and no such transfer shall be made or recorded on the books of the Company. Each Member agrees that monetary damages for violation of this Agreement are not an adequate remedy, and, therefore, any transfer or threatened transfer in violation of this Agreement may and should be enjoined. Any purported transfer in violation of this Agreement, whether voluntary or involuntary, will not affect the beneficial ownership of the Membership Rights, and the Member making the purported transfer shall retain the right to vote and the right to receive distributions and liquidation proceeds on or with respect to said Membership Rights.
Effect of Purported Transfer. Any purported Transfer or acquisition of shares of Stock in violation of Section 2.1 shall be null and void. The purported transferee shall have no interest in any of the shares of Stock purported to be transferred. Any such purported Transfer or acquisition may and should be enjoined by the Corporation in the event that the Executive Committee so determines.
Effect of Purported Transfer. The parties hereto agree that any transfer of the Shares made other than in compliance with this Agreement shall be null and void. Any such transfer shall convey no interest in any of the Shares purported to be transferred, and the transferee shall not be deemed to be a stockholder of the Company nor entitled to receive a new share certificate or any rights, dividends or other distributions on or with respect to such Shares. The Company is a party to this Agreement solely for the purpose of acknowledging the approval of this Agreement by its Board of Directors and to agree that it will not permit to be registered any transfer of the Shares made other than in compliance with this Agreement.
Effect of Purported Transfer. No transfer of shares of Common Stock or Preferred Stock in violation of this Agreement shall be of any force or effect, and no such transfer shall be made or recorded on the books of the Corporation. Each Shareholder agrees that monetary damages for violation of this Agreement is not an adequate remedy, and, therefore, any transfer or threatened transfer in violation of this Agreement may and should be enjoined. Any purported transfer in violation of this Agreement will not affect the beneficial ownership of shares of Common Stock or Preferred Stock and the Shareholder making the purported transfer shall retain the right to vote and the right to receive dividends and liquidation proceeds on or with respect to said shares of Common Stock or Preferred Stock.
Effect of Purported Transfer. Any purported Transfer of an interest by a Member that is not in accordance with the provisions of this Agreement shall be null and void, and shall not operate to Transfer any right, title or interest in such interest to the purported transferee. The Company shall not cause or permit the Transfer of any certificate representing any interest to be made on its books unless the Transfer is permitted by this Agreement and has been made in accordance with its terms.
Effect of Purported Transfer. No Transfer of Shares in violation of this Agreement shall be of any force or effect, and no such Transfer shall be made or recorded on the books of the Company. DARA agrees that monetary damages for violation of this Agreement is not an adequate remedy, and, therefore, any breach or threatened breach of this Agreement by DARA shall entitle the Company, in addition to all other remedies available at law or in equity, to seek a temporary or permanent injunction and/or a decree for specific performance.
