Common use of Rights and Obligations of Transferees Clause in Contracts

Rights and Obligations of Transferees. No Stockholder shall Transfer any Equity Securities except in compliance with the Securities Act, the Charter (as defined in the Merger Agreement), any applicable state or foreign securities Laws and this Agreement, or if such Transfer would violate the Communications Act or FCC Regulations and such Stockholder has been so advised by the Company. Without limiting the generality of the foregoing, no such Transfer shall be made or recognized in the books and records of the Company if such Transfer would result in a violation of the Communications Act or FCC Regulations. Any Transfers in violation of this Agreement shall be null and void.

Appears in 5 contracts

Samples: Stockholders’ Agreement (BCHI Holdings, LLC), Stockholders’ Agreement (Fusion Connect, Inc.), Stockholders’ Agreement (Rosen Marvin S)

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