Non-Recognition of Certain Transfers. Notwithstanding any other provision of this Agreement, any transfer, sale, alienation, assignment, encumbrance or other disposition in contravention of any of the provisions of this Article shall be void and ineffective, and shall not bind, or be recognized by, the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (American Tower Systems Corp), Limited Liability Company Agreement (American Radio Systems Corp /Ma/)
Non-Recognition of Certain Transfers. Notwithstanding any other provision of this Agreement, any transfer, sale, alienation, assignment, encumbrance or other disposition Transfer of an interest in the Company in contravention of any of the provisions of this Article shall be void and ineffectiveineffective ab initio, and shall not bind, bind or be recognized by, by the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Purchase and Sale Agreement (Ampal American Israel Corp /Ny/)
Non-Recognition of Certain Transfers. Notwithstanding any other provision of this Agreementthese Articles, any transfer, sale, alienation, assignment, encumbrance or other disposition Transfer of an interest in the Company in contravention of any of the provisions of this Article these Articles shall be void and ineffectiveineffective ab initio, and shall not bind, bind or be recognized by, by the Company.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Ampal American Israel Corp /Ny/)
