Effect of Transfer Not in Compliance with this Article. Any purported Transfer of all or any part of a Member’s Interest, or any interest therein, that is not in compliance with this Article VII shall, to the fullest extent permitted by law, be void and shall be of no effect.
Appears in 9 contracts
Samples: Operating Agreement (Lazard Group LLC), Operating Agreement (Lazard LTD), Operating Agreement (Lazard LTD)
Effect of Transfer Not in Compliance with this Article. Any purported Transfer of all or any part of a MemberPartner’s Interest, or any interest therein, that is not in compliance with this Article VII shall, to the fullest extent permitted by law, be void ab initio and shall be of no effect.
Appears in 5 contracts
Samples: Agreement (BGC Partners, Inc.), Agreement (BGC Partners, Inc.), Espeed Inc
Effect of Transfer Not in Compliance with this Article. Any purported Transfer of all or any part of a MemberPartner’s Interest, or any interest therein, that is not in compliance with this Article VII IX shall, to the fullest extent permitted by law, be void ab initio and shall be of no effect.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (BGC Partners, Inc.), Agreement of Limited Partnership (BGC Partners, Inc.)
Effect of Transfer Not in Compliance with this Article. Any purported Transfer of all or any part of a MemberPartner’s Interest, or any interest therein, that is not in compliance with this Article VII (and, in the case of the Founding/Working Partner Interests or REU Interests, Article XII) shall, to the fullest extent permitted by law, be void ab initio and shall be of no effect.
Appears in 1 contract
Samples: BGC Partners, Inc.
Effect of Transfer Not in Compliance with this Article. Any purported Transfer of all or any part of a MemberPartner’s Interest, or any interest therein, that is not in compliance with this Article VII shall, to the fullest extent permitted by law, be void ab initio and shall be of no effect.. Table of Contents
Appears in 1 contract
Samples: Espeed Inc
Effect of Transfer Not in Compliance with this Article. Any purported Transfer transfer of all or any part of a Member’s Interest's Company Interest or other Interest in the Company, or any interest therein, that is not in compliance with this Article VII 11 shall, to the fullest extent permitted by law, be void and shall be of no effect.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Reckson Operating Partnership Lp)