Common use of Stock Transfer Records Clause in Contracts

Stock Transfer Records. The stock transfer records shall be closed for a period of at least ten (10) days prior to all meetings of the stockholders and shall be closed for the payment of distributions as provided in Article VII hereof and during such periods as, from time to time, may be fixed by the Board of Directors, and, during such periods, no stock shall be transferable for purposes of Article VII and no voting rights shall be deemed transferred during such periods. Subject to the forgoing limitations, nothing contained herein shall cause transfers during such periods to be void or voidable.

Appears in 6 contracts

Samples: Distribution Agreement (LTC Healthcare Inc), Distribution Agreement (LTC Healthcare Inc), Distribution Agreement (LTC Properties Inc)

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