Records of the Company; Void Transfers. The Manager will Transfer -------------------------------------- Membership Units on the Company's books only in accordance with the terms and conditions of this Agreement. Any Unauthorized Transfer of Membership Units by a Member will be null and void, and the transferee under any such purported Transfer will acquire no title or ownership thereby but will hold such Membership Units for the benefit of the other Members.
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Samples: Members Agreement (Ebs Pension LLC), Members Agreement (Ebs Litigation LLC)
Records of the Company; Void Transfers. The Manager will Transfer -------------------------------------- Membership Units on the Company's books only in accordance with the terms and conditions of this Agreement. Any Unauthorized purported Transfer of Membership Units by a Selling Member which is disapproved by the Company or which Transfer does not comply with the provisions of Section 5.2 will be null and void, and the transferee under any such purported Transfer will acquire no title or ownership thereby but will hold such Membership Units for the benefit of the other Members.
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Samples: Members Agreement (Ebs Building LLC)
Records of the Company; Void Transfers. The Manager Administrator will Transfer -------------------------------------- Membership Units on the Company's books only in accordance with the terms and conditions of this Agreement. Any Unauthorized Transfer of Membership Units by a Member will be null and void, and the transferee under any such purported Transfer will acquire no title or ownership thereby but will hold such Membership Units for the benefit of the other Members.
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