Common use of Invalid Transfers Clause in Contracts

Invalid Transfers. Management Stockholder acknowledges and agrees that the Company shall not be required (i) to transfer on its books any Common Units or Class C Preferred Units that have been sold or otherwise Transferred in violation of any of the representations, warranties, agreements or other provisions contained in this Agreement or any other agreement between the Company and Management Stockholder, or (ii) in any such event, to treat as owner of such Common Units or Class C Preferred Units, or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Common Units or Class C Preferred Units shall have been so Transferred.