Non-Permitted Transfers. Any Transfer or attempted Transfer of any Voting Stock in violation of this Section 3 shall, to the fullest extent permitted by applicable Law, be null and void ab initio.
Non-Permitted Transfers. (a) Any purported Transfer of Membership Interests or any economic interest therein not in compliance with Section 4.1, 4.3, 4.4, 4.5 or 4.6 hereof shall be null and void ab initio, regardless of any notice provided to the Company, and shall not create any obligation or liability of the Company to the purported transferee, and any Person purportedly acquiring any Membership Interests or any economic interest therein purportedly transferred not in compliance with Section 4.1, 4.3, 4.4, 4.5 or 4.6 hereof shall not be entitled to admission to the Company as a substitute Member.
Non-Permitted Transfers. (h) Any purported Transfer of all or any portion of a Member’s Percentage Interest of the Company or any economic benefit or other interest therein not in compliance with Section 5.1 shall be null and void ab initio, regardless of any notice provided to any of the parties hereto, and shall not create any obligation or liability of any of the parties hereto to the purported transferee, and any Person purportedly acquiring all or any portion of any Percentage Interest or any economic benefit or other interest therein transferred not in compliance with Section 5.1 shall not be entitled to admission to the Company as a substitute Member. In the event of any direct or indirect Transfer of an interest in a Member, other than a Transfer permitted under Article V hereof, the Member that has made such Transfer shall not be necessary for any Major Decision until such Transfer has been rescinded or otherwise nullified, except that the consent of such Member shall still be required to amend this Agreement.
Non-Permitted Transfers. Any Transfer or attempted Transfer in violation of this Section 6 shall, to the fullest extent permitted by applicable Law, be null and void ab initio.
Non-Permitted Transfers. A Limited Partner may not, during ----------------------- his lifetime, endorse, sell give pledge, encumber, assign, transfer or otherwise dispose of, voluntarily or involuntarily or by operation of law ("transfer"), all or any part of his interest in the Partnership, unless a majority of the other partners consent to such Transfer and al of the other provisions of this Article IX have been satisfied.
Non-Permitted Transfers. Any attempted acquisition of Equity Securities, GM Class H Common Stock or GM $1- 213 Common Stock other than in accordance with this Agreement shall be void, and the Company or GM, as applicable, shall refuse to recognize any such attempted acquisition and shall not reflect on its records any change in record ownership of any Equity Securities, GM Class H Common Stock or GM $1-2/3 Common Stock pursuant to any such attempted acquisition.
Non-Permitted Transfers. Any attempted Transfer of any Shares or any economic interest therein that is not in compliance with this Article V shall be null and void ab initio, regardless of any notice provided to the Company, and shall not create any obligation or liability of the Company to the purported transferee. Any Person purportedly acquiring any Shares or any economic benefit therein purportedly transferred not in compliance with this Article V shall not be entitled to be recognized by the Company as a stockholder, and the Company may retain and recover all dividends on such Shares which were paid or payable subsequent to the date on which the prohibited transfer was made or attempted. The parties engaging or attempting to engage in such Transfer shall indemnify and hold harmless the Company, the Board of Directors and the other Stockholders from all cost, liability and damage that any of such indemnified persons may incur (including, without limitation, attorneys’ fees and expenses) as a result of such Transfer or attempted Transfer and the enforcement of this indemnity.
Non-Permitted Transfers. In the event a Transfer shall occur which is not permitted under the terms of the Mortgage; or
Non-Permitted Transfers. (h) Any purported Transfer of all or any portion of a Member’s Percentage Interest of the Company or any economic benefit or other interest therein not in compliance with
Non-Permitted Transfers. Any Transfer of Shares effected in violation of this Agreement shall be null and void.
