Recognition of Transfers. (a) Notwithstanding anything to the contrary in this Shareholders’ Agreement, no Transfer or purported Transfer will be valid unless:
Recognition of Transfers. The Operator must recognise the Transfer rights of any passenger carrying a Ticket entitling Transfer.
Recognition of Transfers. Except as otherwise required by law, neither Company shall recognize any Transfers of Shares made in violation of this Agreement.
Recognition of Transfers. A purported Transfer in violation of this Agreement will not be valid and no related voting rights may be exercised and no purported exercise of any voting rights will be valid and no dividend or distribution will be paid or made.
Recognition of Transfers. The Corporation shall not recognize any Transfers of Shares made in violation of this Agreement.
Recognition of Transfers. Notwithstanding any other provision of this Article VI, the Partnership shall not be obligated to recognize a Transfer until the transferor has given written notice thereof to the General Partner and the General Partner has recognized the transferee as the record holder of the Interest. For purposes of making distributions and allocations, and determining the Partners entitled to vote or consent with respect to a matter, the Partnership shall recognize a Transfer made in accordance with this Article VI no later than the end of the calendar month during which it receives notice of the transfer and all conditions to the Transfer set forth in Section 6.3 have been satisfied or waived. Until such time, all allocations and distributions shall be made to, and all votes and consents shall be had from, the Person that is reflected in the books and records of the Partnership as the record owner of the Interest.
Recognition of Transfers. The Notes are restricted as to transfer. The Agent acknowledges that during the term of this Agreement, the Notes may be transferred to certain individuals and/or entities, and that such transfers shall be effective, and the transferee substituted as a Noteholder hereunder, only upon the Agent's receipt from the Partnership of written notice of such transfer, setting forth the full name and address of such transferee, who shall thereafter be deemed to be a Noteholder hereunder, and without the necessity of any further amendment to this Agreement.
Recognition of Transfers. A Transfer of an interest in the Partnership of a Limited Partner, although otherwise valid under this Agreement, shall not be recognized by the Partnership until the transferor has given written notice thereof to the General Partner and the General Partner has recognized the transferee as the record holder of the interest. For purposes of making distributions and allocations, and determining the Limited Partners entitled to vote or consent with respect to a matter, the General Partner shall recognize such a Transfer no later than the end of the calendar month during which it receives notice of the Transfer and all conditions to recognition of the Transfer set forth in this Article have been satisfied or waived. Until such time, all allocations and distributions shall be made to, and all votes and consents shall be had from, the person that is reflected in the books and records of the Partnership as the record owner of the interest.
Recognition of Transfers. (a) A transferee that acquires direct Membership Interests or Member Loans, as applicable, in strict compliance with this Article XII and who is not already a Member, shall be automatically deemed to be admitted as a Member upon satisfaction of all the requirements of Section 12.6.
Recognition of Transfers. (a) Prior to any Transfer of its Interest as permitted by this Article 10, the Member transferring such Interest shall give written notice of such Transfer to the other Member and to the Company. Upon receipt of such written notice, the Company shall notify the transferee of the transfer restrictions contained in this Agreement.
