Common use of Improper Sale or Encumbrance Clause in Contracts

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 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 Getty Images, and Getty Images shall not give any effect in Getty Images's stock records to such attempted Sale or Encumbrance.

Appears in 5 contracts

Samples: Stockholders' Agreement (Getty Investments LLC), Stockholders' Agreement (Pdi LLC), Stockholders' Agreement (October 1993 Trust)

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