Common use of Refusal to Transfer Clause in Contracts

Refusal to Transfer. Seller shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred. Any attempt to transfer the Shares in violation of the provisions of this Agreement shall be void.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sequential Brands Group, Inc.), Stock Purchase Agreement (Sequential Brands Group, Inc.)

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Refusal to Transfer. Seller shall acknowledges and agrees that Buyer will not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares Shares, or to accord the right to vote or pay dividends to to, any purchaser or other transferee to whom such Shares shall have been so transferred. Any attempt to transfer the Shares in violation of the provisions of this Agreement shall be void.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cellegy Pharmaceuticals Inc)

Refusal to Transfer. Seller Buyer shall not be required (i) to transfer on its books any Shares shares of Common Stock that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares Common Stock or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares Common Stock shall have been so transferred. Any attempt to transfer the Shares in violation of the provisions of this Agreement shall be void.

Appears in 1 contract

Samples: Asset Purchase Agreement (Innovative Wireless Technologies, Inc.)

Refusal to Transfer. Seller The Purchaser shall not be required (i) to transfer on its books any Purchaser Shares that have been sold or otherwise transferred in violation of any of the provisions Section 2(a) of this Agreement or (ii) to treat as owner of such Purchaser Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Purchaser Shares shall have been so transferred. Any attempt to transfer the Shares transferred in violation of the provisions Section 2(a) of this Agreement shall be voidAgreement.

Appears in 1 contract

Samples: Implementation Agreement (Supergen Inc)

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Refusal to Transfer. Seller shall Buyer will not be required to (i) to transfer on its ------------------- books any Purchased Shares or other securities that have been sold or otherwise transferred in violation of any of the provisions of this Agreement Agreement, or (ii) to treat as owner of such Purchased Shares or the Conversion Shares, or to accord the right to vote or pay dividends dividends, to any purchaser or other transferee trustee to whom such Purchased Shares shall or other securities have been so transferred. Any attempt to transfer the Shares in violation of the provisions of this Agreement shall be void.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dovebid Inc)

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