Common use of Rights Not Transferable Clause in Contracts

Rights Not Transferable. The rights of the Company Holders as of immediately prior to the Effective Time are personal to each such Company Holder and shall not be transferable for any reason other than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquiror. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Rights Not Transferable. The rights of the Company Holders as of immediately prior to the Effective Time are personal to each such Company Holder Holders and shall not be transferable for any reason other otherwise than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquirordistribution. Any attempted transfer of such right by any holder thereof Company Holders (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Rights Not Transferable. The rights of the each Company Holders Holder as of immediately prior to the Effective Time are personal to each such Company Holder and shall not be transferable for any reason other otherwise than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquirordistribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Rights Not Transferable. The rights of the Company Holders Members as of immediately prior to the Effective Time Time, are personal to each such Company Holder member and shall will not be transferable for any reason other otherwise than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquirordistribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall will be null and void.