Common use of Invalid Transfer Clause in Contracts

Invalid Transfer. No Transfer of Units which is in violation of this Section 10 shall be valid or effective, and the Partnership shall not recognize the same for the purposes of making any allocation or distribution.

Appears in 11 contracts

Samples: Limited Partnership Agreement (Millennium Chemicals Inc), Limited Partnership Agreement (Millennium Chemicals Inc), Limited Partnership Agreement (Equistar Chemicals Lp)

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Invalid Transfer. No Transfer of Units which is in violation of ---------------- this Section 10 shall be valid or effective, and the Partnership shall not ---------- recognize the same for the purposes of making any allocation or distribution.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Lyondell Chemical Co), Limited Partnership Agreement (Equistar Chemicals Lp)

Invalid Transfer. No Transfer of Units which is in violation of this Section 10 shall be valid or effective, and the Partnership shall not recognize the same for the purposes of making any allocation or Or distribution.

Appears in 1 contract

Samples: Limited Partnership Agreement (LyondellBasell F&F Holdco, LLC)

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Invalid Transfer. No Transfer of Units which is in violation of this ---------------- Section 10 shall be valid or effective, and the Partnership shall not recognize ---------- the same for the purposes of making any allocation or distribution.

Appears in 1 contract

Samples: Limited Partnership Agreement (Equistar Funding Corp)

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