Common use of Registration of Transfer of WRL Shares Clause in Contracts

Registration of Transfer of WRL Shares. Each of WCS and SHW has been advised and acknowledges that (i) any transfer or sale of any WRL Shares in violation of this Agreement or the Registration Rights Agreement shall be null and void ab initio, (ii) WRL may not register, recognize, or give effect to, and may place a stop transfer order against, any such transfer or sale, and (iii) the desired transferee shall not acquire any rights in such WRL Shares for any purpose.

Appears in 1 contract

Samples: Exchange Agreement (Wynn Resorts LTD)

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Registration of Transfer of WRL Shares. Each of WCS and SHW SKKG has been advised and acknowledges that (i) any transfer or sale of any WRL Shares in violation of this Agreement or the Registration Rights Agreement shall be null and void ab initio, (ii) WRL may not register, recognize, or give effect to, and may place a stop transfer order against, any such transfer or sale, and (iii) the desired transferee shall not acquire any rights in such WRL Shares for any purpose.

Appears in 1 contract

Samples: Exchange Agreement (Wynn Resorts LTD)

Registration of Transfer of WRL Shares. Each of WCS KYM and SHW CW has been advised and acknowledges that (i) any transfer or sale of any WRL Shares in violation of this Agreement or the Registration Rights Agreement shall be null and void ab initio, (ii) WRL may not register, recognize, or give effect to, and may place a stop transfer order against, any such transfer or sale, and (iii) the desired transferee shall not acquire any rights in such WRL Shares for any purpose.

Appears in 1 contract

Samples: Exchange Agreement (Wynn Resorts LTD)

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Registration of Transfer of WRL Shares. Each of WCS KYM and SHW AT has been advised and acknowledges that (i) any transfer or sale of any WRL Shares in violation of this Agreement or the Registration Rights Agreement shall be null and void ab initio, (ii) WRL may not register, recognize, or give effect to, and may place a stop transfer order against, any such transfer or sale, and (iii) the desired transferee shall not acquire any rights in such WRL Shares for any purpose.

Appears in 1 contract

Samples: Exchange Agreement (Wynn Resorts LTD)

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