Non-Permitted Holders. (a) Notwithstanding any other provision in this Agreement, any transfer of a beneficial interest in Preferred Shares to a Non-Permitted Holder shall be null and void ab initio and any such purported transfer of which the Issuer or the Preferred Share Paying Agent shall have notice may be disregarded by the Issuer and the Preferred Share Paying Agent for all purposes at any time after either of them learns that any Person is or has become a Non-Permitted Holder.
Appears in 6 contracts
Samples: Preferred Share Paying Agency Agreement (Granite Point Mortgage Trust Inc.), Preferred Share Paying Agency Agreement (Granite Point Mortgage Trust Inc.), Preferred Share Paying Agency Agreement (TPG RE Finance Trust, Inc.)
Non-Permitted Holders. (a) Notwithstanding any other provision in this Agreement, any transfer of a beneficial interest in Preferred Shares to a Non-Permitted Non‑Permitted Holder shall be null and void ab initio and any such purported transfer of which the Issuer or the Preferred Share Paying Agent shall have notice may be disregarded by the Issuer and the Preferred Share Paying Agent for all purposes at any time after either of them learns that any Person is or has become a Non-Permitted Non‑Permitted Holder.
Appears in 2 contracts
Samples: Preferred Share Paying Agency Agreement (TPG RE Finance Trust, Inc.), Preferred Share Paying Agency Agreement (TPG RE Finance Trust, Inc.)
Non-Permitted Holders. (a) Notwithstanding any other provision anything to the contrary elsewhere in this AgreementIndenture, any transfer of a beneficial interest in Preferred Shares any Note to a Non-Permitted Non‑Permitted Holder shall be null and void ab initio and any such purported transfer of which the Issuer Issuer, the Co‑Issuer or the Preferred Share Paying Agent Collateral Trustee shall have notice may be disregarded by the Issuer Issuer, the Co‑Issuer and the Preferred Share Paying Agent Collateral Trustee for all purposes at any time after either of them learns that any Person is or has become a Non-Permitted Holderpurposes.
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