Common use of Effect of Void Transfers Clause in Contracts

Effect of Void Transfers. In the event of any purported Transfer of any Securities in violation of the provisions of this Agreement, such purported Transfer shall be void and of no effect and the Company shall not give effect to such Transfer.

Appears in 9 contracts

Samples: Stockholders Agreement (Vestar Sheridan Inc), Stockholders' Agreement (Cluett Peabody & Co Inc /De), Subscription and Tender Agreement (Vestar Sheridan Inc)

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Effect of Void Transfers. In the event of any purported Transfer of any Equity Securities in violation of the provisions of this Agreement, such purported Transfer shall be void and of no effect and the Company shall not give effect to such Transfer.

Appears in 1 contract

Samples: Stockholders' Agreement (Solo Texas, LLC)

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