Common use of Effect of Transfer without Approval Clause in Contracts

Effect of Transfer without Approval. Any purported Transfer of all or any part of a Member's Membership Interest, or any interest therein, which is not in compliance with this Article 10 shall be void and, except as provided for in Section 10.5, below, shall be of no effect.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Chevron Phillips Chemical Co Lp), Limited Liability Company Agreement (Chevron Phillips Chemical Co LLC), Contribution Agreement (Chevron Phillips Chemical Co LLC)

AutoNDA by SimpleDocs

Effect of Transfer without Approval. Any purported Transfer of all or any part of a Member's ’s Membership Interest, or any interest therein, which is not in compliance with this Article 10 shall be void and, except as provided for in Section 10.5, below, shall be of no effect.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Phillips 66), Consent Agreement (Phillips 66), Limited Liability Company Agreement (Phillips 66)

Effect of Transfer without Approval. Any purported Transfer of all or any part of a Member's Membership ’s Interest, or any interest therein, which is not in compliance with this Article 10 9 shall be void and, except as provided for in Section 10.5, 9.6 below, shall be of no effect.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Lazard LTD)

AutoNDA by SimpleDocs

Effect of Transfer without Approval. Any purported Transfer of all or any part of a Member's Membership Interest, or any interest therein, which is not in compliance with this Article 10 9 shall be void and, except as provided for in Section 10.59.6, below, shall be of no effect.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Diversa Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!