Common use of Transfers Not In Compliance Clause in Contracts

Transfers Not In Compliance. Any purported or attempted Transfer of Equity Securities of the Company by a Shareholder that does not comply with this Agreement shall be void ab initio and the purported Transferee or successor by operation of law shall not be deemed to be a shareholder of the Company for any purpose and shall not be entitled to any of the rights of a shareholder, including the right to vote such Equity Securities or to receive a certificate for such Equity Securities or any dividends or other distribution on or with respect to such Equity Securities.

Appears in 2 contracts

Samples: Shareholder Agreement (Patheon N.V.), Shareholders’ Agreement (Patheon Holdings Cooperatief U.A.)

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Transfers Not In Compliance. Any A purported or attempted Transfer of Equity Registrable Securities of by the Company by a Shareholder Stockholder that does not comply with this Agreement shall be void ab initio and the purported Transferee transferee or successor by operation of law shall not be deemed to be a shareholder stockholder of the Company for any purpose and shall not be entitled to any of the rights of a shareholderstockholder, including the right to vote such Equity any Registrable Securities or to receive a certificate or certificates for such Equity the Registrable Securities or any dividends or other distribution distributions on or with respect to such Equity the Registrable Securities.

Appears in 2 contracts

Samples: Shareholders Agreement (ITC Holdings Corp.), Purchase Agreement (ITC Holdings Corp.)

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Transfers Not In Compliance. Any A purported or attempted Transfer of Equity Registrable Securities of the Company by a Shareholder Stockholder that does not comply with this Agreement shall be void ab initio and the purported Transferee transferee or successor by operation of law shall not be deemed to be a shareholder stockholder of the Company for any purpose and shall not be entitled to any of the rights of a shareholderstockholder, including including, without limitation, the right to vote such Equity any Registrable Securities entitled to vote or to receive a certificate or certificates for such Equity the Registrable Securities or any dividends or other distribution distributions on or with respect to such Equity the Registrable Securities.

Appears in 2 contracts

Samples: Investor Rights Agreement (NRG Energy, Inc.), Acquisition Agreement (NRG Energy, Inc.)

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