Common use of Non-Complying Transfers Void Clause in Contracts

Non-Complying Transfers Void. Any attempted direct or indirect Transfer of all or any part of a Partner’s Partnership Interest or an Assignee’s Economic Interest that does not comply with the provisions of Section 8.2 hereof shall be null and void and of no legal effect.

Appears in 4 contracts

Samples: Limited Partnership Agreement, Limited Liability Limited Partnership Agreement, Limited Partnership Agreement (Strategic Hotel Capital Inc)

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Non-Complying Transfers Void. Any attempted direct or indirect Transfer of all or any part of a Partner’s Partnership Interest or an Assignee’s Economic Interest Rights that does not comply with the provisions of Section 8.2 hereof or Section 8.4 shall be null and void and of no legal effect.

Appears in 2 contracts

Samples: Limited Partnership Agreement (CNL Income Mesa Del Sol, LLC), Limited Liability Limited Partnership Agreement (CNL Income Properties Inc)

Non-Complying Transfers Void. Any attempted direct or indirect Transfer of all or any part of a Partner’s Partnership Interest or an Assignee’s Economic Interest Rights that does not comply with the provisions of Section 8.2 hereof shall be null and void and of no legal effect.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (CNL Income Properties Inc)

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Non-Complying Transfers Void. Any attempted direct or indirect Transfer of all or any part of a Partner’s Partnership Interest or an Assignee’s Economic Interest Rights that does not comply with the provisions of Section 8.2 hereof 8.2, 8.4 or 8.5 shall be null and void and of no legal effect.

Appears in 1 contract

Samples: Limited Partnership Agreement (CNL Income Properties Inc)

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