Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company’s stock records to such attempted Sale or Encumbrance.
Appears in 5 contracts
Samples: Stockholders’ Agreement (Parking REIT, Inc.), Stockholders' Agreement (Pathmark Stores Inc), Stockholders' Agreement (Pathmark Stores Inc)
Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities Shares shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company’s 's stock records to such attempted Sale or Encumbrance.
Appears in 3 contracts
Samples: Stockholders' Agreement (Seagram Co LTD), Securityholders' Agreement (Priceline Com Inc), Stockholders' Agreement (Seagram Co LTD)
Improper Sale or Encumbrance. Any attempt not in ---------------------------- compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities Shares shall be null and void and of no force and effect, the purported transferee shall will have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company’s 's stock records to such attempted Sale or Encumbrance.
Appears in 2 contracts
Samples: Capital Contribution Agreement (Neches River Holding Corp), Capital Contribution Agreement (Neches River Holding Corp)
Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the CompanyParent, and the Company Parent shall not give any effect in the CompanyParent’s stock records to such attempted Sale or Encumbrance.
Appears in 2 contracts
Samples: Stockholder Agreement (Pathmark Stores Inc), Stockholder Agreement (Great Atlantic & Pacific Tea Co Inc)
Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale or Transfer of, or create, incur or assume any Encumbrance Lien with respect to, any Covered Securities Capital Stock shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the CompanyCompany or under this Agreement, and the Company shall not give any effect in the Company’s stock records to such attempted Sale Sale, Transfer or EncumbranceLien.
Appears in 2 contracts
Samples: Joint Action Agreement (Avianca Holdings S.A.), Joint Action Agreement
Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company’s stock records records, as applicable, to such attempted Sale or Encumbrance.
Appears in 1 contract
Samples: Investment Agreement (Elan Corp PLC)
Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities Capital Stock shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the CompanyCompany or under this Agreement, and the Company shall not give any effect in the Company’s stock records to such attempted Sale or Encumbrance.
Appears in 1 contract
Improper Sale or Encumbrance. Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Covered Securities Shares shall be null and void and of no force and effect, the purported transferee shall will have no rights or privileges in or with respect to the Company, and the Company shall not give any no effect in the Company’s 's stock records to such attempted Sale or Encumbrance.
Appears in 1 contract
