Common use of Invalid Transfer Clause in Contracts

Invalid Transfer. No transfer of an interest in the Partnership that is in violation of this Article 11 shall be valid or effective, and the Partnership shall not recognize any improper transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers not in accordance with this Article 11.

Appears in 3 contracts

Samples: Limited Partnership Agreement (PHC Hospitals, LLC), Limited Partnership Agreement (PHC Hospitals, LLC), Limited Partnership Agreement (PHC Hospitals, LLC)

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Invalid Transfer. No transfer of an interest in the Partnership that is in violation of this Article 11 13 shall be valid or effective, and the Partnership shall not recognize any improper transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 13 either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers not in accordance with this Article 1113.

Appears in 3 contracts

Samples: Limited Partnership Agreement (PHC Hospitals, LLC), Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.)

Invalid Transfer. No transfer Transfer of an interest in the Partnership that is in violation of this Article 11 12 shall be valid or effective, and the Partnership shall not recognize any improper transfer Transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 12 either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers Transfers not in accordance with this Article 1112.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc)

Invalid Transfer. No transfer Transfer of an interest in the Partnership that is in violation of this Article 11 12 shall be valid or effective, and the Partnership shall not recognize any improper transfer Transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 12 either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers Transfers not in accordance with this Article 11.12. 12.8

Appears in 1 contract

Samples: Limited Partnership Agreement

Invalid Transfer. No transfer of an interest in the Partnership that is in violation of this Article 11 13 or Article 14 hereof shall be valid or effective, and the Partnership shall not recognize any improper transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 13 or Article 14 either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers not in accordance with this Article 1113 or Article 14.

Appears in 1 contract

Samples: Limited Partnership Agreement (Province Healthcare Co)

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Invalid Transfer. No transfer of an interest in the Partnership that is in violation of this Article 11 12 shall be valid or effective, and the Partnership shall not recognize any improper transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 12 either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers not in accordance with this Article 1112.

Appears in 1 contract

Samples: Limited Partnership Agreement (Longview Clinic Operations Company, LLC)

Invalid Transfer. No transfer of an interest in the Partnership that is in violation of this Article 11 13 shall be valid or effective, and the Partnership shall not recognize any improper transfer for the purposes of making allocations, payments of profits, return of capital contributions or other distributions with respect to such Partnership interest, or part thereof. The Partnership may enforce the provisions of this Article 11 ? either directly or indirectly or through its agents by entering an appropriate stop transfer order on its books or otherwise refusing to register or transfer or permit the registration or transfer on its books of any proposed transfers not in accordance with this Article 1113.

Appears in 1 contract

Samples: Limited Partnership Agreement (Dodge City Healthcare Group Lp)

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