Transfers Prohibited Sample Clauses

Transfers Prohibited. No Member may voluntarily, involuntarily or by operation of law assign, transfer, sell, pledge, hypothecate or otherwise dispose (collectively “Transfer”) of all or part of its Interest in the Company, except as is specifically permitted by this Agreement. Any Transfer made in violation of this Article 10 shall be void and of no legal effect.
AutoNDA by SimpleDocs
Transfers Prohibited. Subject to Section 6.2, the interest of a Partner in the Partnership may not be assigned, transferred, or otherwise disposed of except with the prior written consent of the other Partner.
Transfers Prohibited. Borrower shall not directly or indirectly make, suffer or permit the occurrence of any Transfer except as expressly permitted pursuant to Section 5.26.5 and Section 5.26.6.
Transfers Prohibited. A Member may not transfer, assign, pledge, encumber, or otherwise dispose of all or any part of its interest in the Company without the consent of a Majority Interest of the Members, whether voluntary, involuntary, or by operation of law or otherwise.
Transfers Prohibited. Except as provided in Article Five of this Agreement, Owner shall not Transfer or Assign the Development, in whole or in part, prior to the termination of this Agreement without the prior written consent of the Trustees in the form of a Resolution. During the Extended Use Period, the disposition of less than the entire Development, which is subject to this Agreement, is prohibited. Failure by Owner or any subsequent Owner to comply with the requirements of this Section shall not terminate this Agreement or relieve Owner or any such subsequent Owner of the terms, conditions, burdens and restrictive covenants of this Agreement. The removal, replacement, substitution or addition of a general partner of the Owner by the limited partners pursuant to the terms of the Partnership Agreement shall also require the written consent of the Trustees, which OHFA and the Trustees agree will not be unreasonably withheld or conditioned. Applicable transfer fees must also be paid to OHFA.
Transfers Prohibited. Except as otherwise set forth in Section 3.1.1 or 4.3, no Investor shall Transfer any of such Investor’s Shares or any interest therein to any other Person on or prior to the second anniversary of the date of the Exchange Agreement, without the prior written consent of each Significant Investor. No Investor shall Transfer any of their respective Public Warrants or any interest therein to any other Person (other than to the Company), without the prior written consent of each Significant Investor. If an Investor proposes a Transfer of a type permitted by more than one subsection of this Section 3.1, then such Investor shall designate, by written notice to the Company, the specific subsection pursuant to which such Investor intends to make such Transfer, which will be treated for all purposes under this Agreement as the subsection under which such Transfer is made.
Transfers Prohibited. No Partner may voluntarily withdraw or Transfer all or any portion of its Partnership Interest without the prior written consent of the General Partner, provided that a Limited Partner may transfer all or any portion of its Limited partnership Interest to another Partner or to the Company without such consent. Notwithstanding the foregoing, any Partner may pledge its Partnership Interest as collateral for or otherwise in connection with a loan agreement under which the Partnership or an Affiliate of the Partnership is a borrower.
AutoNDA by SimpleDocs
Transfers Prohibited. Company will not recognize the transfer of Virtual Goods and Services (including for “real” money or any other consideration or items of value whether inside or outside of the Application). Accordingly, You may not purchase, sell, barter, gift, or trade any Virtual Goods and Services, or offer to purchase, sell, barter, gift, or trade any Virtual Goods and Services. Any such attempted transfer will be invalid.
Transfers Prohibited. Except for “Permitted Transfers” that Section 13.6 expressly permits, Tenant shall not, without the prior written consent of Landlord (which consent Landlord shall not unreasonably withhold, condition, or delay), either (1) assign, transfer, or encumber this Lease or any estate or interest in this Lease, whether directly or by operation of law, and whether voluntarily or involuntarily, (2) enter into any merger, consolidation, spin-off, split-off, or other reorganization of any nature whatsoever, or contribute or distribute any material portion of the assets and/or liabilities of Tenant (any event described by this clause (2) is an “Entity Reorganization”), (3) if Tenant is an entity other than a corporation whose stock is publicly traded, permit the transfer of more than 50% of the ownership interests in Tenant, (4) sublet all or any portion of the Premises, (5) grant any license, concession, or other right of any nature to possess, use and/or otherwise occupy in any manner all or any portion of the Premises, or (6) permit the possession, use, or other occupancy of all or any portion the Premises by any person other than Tenant. Any event described in clauses (1), (2) and (3) of the preceding sentence is an “Assignment”; any of the events described in clauses (4), (5) and (6) is a “Sublease”; and any event that is either an Assignment or a Sublease is also a “Transfer”. Any Transfer other than a Permitted Transfer that Tenant enters into or permits to occur without obtaining Landlord’s express prior written consent is a “Prohibited Transfer”. Any Prohibited Transfer shall automatically be null and void, shall in no manner whatsoever release or excuse Tenant from any of its obligations or liabilities to Landlord under this Lease, and shall constitute a non-curable default by Tenant under this Lease. If any Prohibited Transfer occurs, Landlord shall be entitled to exercise any and all remedies available under this Lease, at law, in equity, or otherwise. In addition, in the event any Prohibited Transfer occurs, Landlord may, at any time whatsoever, regardless of when Landlord actually becomes aware of the occurrence or possible occurrence of a Prohibited Transfer, regardless of any claim or argument that Landlord has orally consented to a Prohibited Transfer or has otherwise waived its right to terminate under this Sentence, and regardless of whether Landlord has knowingly accepted rent from any occupant under a Sublease, elect to terminate this Lease effect...
Transfers Prohibited. Except in accordance with this Article 4, no Member nor any of its transferees (direct or indirect, including without limitation any successors and assigns) may sell, transfer, pledge, mortgage, assign or otherwise dispose of (each a “transfer”) all or any portion of its Interest (whether voluntary or involuntary, including without limitation any transfer by operation of law).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!