Common use of Unpermitted Transfers; Involuntary Transfers Clause in Contracts

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares in violation of this Article II shall, to the fullest extent permitted by Law, be null and void ab initio. In furtherance of the foregoing, the Holder hereby authorizes and instructs the Company to instruct its transfer agent to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and provided that any such stop transfer order will immediately be withdrawn and terminated by the Company following the termination of this Agreement. If any involuntary Transfer of any of the Holder’s Shares shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 12 contracts

Samples: Voting and Support Agreement (Spieth Newco, Inc.), Voting and Support Agreement (Spieth Newco, Inc.), Voting and Support Agreement (Spieth Newco, Inc.)

AutoNDA by SimpleDocs

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares in violation of this Article II shall, to the fullest extent permitted by applicable Law, be null and void ab initio. In furtherance of the foregoing, the each Holder hereby authorizes and instructs the Company Parent to instruct its transfer agent to enter a stop transfer order with respect to all of the Shares; provided, subject to the provisions hereof and provided that any such stop transfer order will immediately or other prohibition shall be withdrawn and terminated by the Company following the termination of removed with respect to any Transfer permitted under this Agreement. If any involuntary Transfer of any of the a Holder’s Shares shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 4 contracts

Samples: Voting and Support Agreement (Earthstone Energy Inc), Voting and Support Agreement (Earthstone Energy Inc), Voting and Support Agreement (Permian Resources Corp)

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares Covered Securities in violation of this Article II shall, to the fullest extent permitted by Applicable Law, be null and void ab initio. In furtherance of the foregoing, the Holder hereby authorizes and instructs the Company to instruct its transfer agent to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and Covered Securities; provided that any such stop transfer order will immediately shall be withdrawn and terminated by the Company following the termination of removed with respect to any Transfer permitted under this Agreement. If any involuntary Transfer of any of the Holder’s Shares Covered Securities shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares Covered Securities subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreementthe Termination Date.

Appears in 2 contracts

Samples: Voting and Support Agreement (Apache Corp), Voting and Support Agreement (Blackstone Holdings III L.P.)

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares Covered Securities in violation of this Article II shall, to the fullest extent permitted by Law, be null and void ab initio, with no further action required by or on behalf of Parent, the Company or Opco LLC. In furtherance of the foregoing, the Holder hereby authorizes agrees to authorize and instructs instruct the Company or Opco LLC, as applicable, to instruct its transfer agent to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and provided that any such stop transfer order will immediately be withdrawn and terminated by the Company following the termination of this AgreementCovered Securities. If any involuntary Transfer of any of the Holder’s Shares Covered Securities shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares Covered Securities subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 2 contracts

Samples: Voting and Support Agreement (Pioneer Natural Resources Co), Voting and Support Agreement (Pioneer Natural Resources Co)

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares Covered Securities in violation of this Article ‎Article II shall, to the fullest extent permitted by applicable Law, be null and void ab initio, with no further action required by or on behalf of Parent or the Company, as applicable. In furtherance of the foregoing, the Holder hereby authorizes agrees to authorize and instructs instruct the Company to instruct its the transfer agent or agents for the Covered Securities to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and provided that any such stop transfer order will immediately be withdrawn and terminated by the Company following the termination of this AgreementCovered Securities. If any involuntary Transfer of any of the Holder’s Shares Covered Securities shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares Covered Securities subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 2 contracts

Samples: Voting and Support Agreement (Patterson Uti Energy Inc), Voting and Support Agreement (Patterson Uti Energy Inc)

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares Covered Securities in violation of this Article II shall, to the fullest extent permitted by Lawapplicable Legal Requirement, be null and void ab initio, with no further action required by or on behalf of Parent or the Company, as applicable. In furtherance of the foregoing, the Holder hereby authorizes and instructs the Company [Parent to instruct its transfer agent agent][the Company] to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and provided that any such stop transfer order will immediately be withdrawn and terminated by the Company following the termination of this AgreementCovered Securities. If any involuntary Transfer of any of the Holder’s Shares Covered Securities shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares Covered Securities subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 1 contract

Samples: Form of Voting and Support Agreement (Frank's International N.V.)

AutoNDA by SimpleDocs

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares Covered Securities in violation of this Article II shall, to the fullest extent permitted by applicable Law, be null and void ab initio, with no further action required by or on behalf of Parent or the Company, as applicable. In furtherance of the foregoing, the Holder hereby authorizes agrees to authorize and instructs instruct the Company to instruct its the transfer agent or agents for the Covered Securities to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and provided that any such stop transfer order will immediately be withdrawn and terminated by the Company following the termination of this AgreementCovered Securities. If any involuntary Transfer of any of the Holder’s Shares Covered Securities shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares Covered Securities subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 1 contract

Samples: Form of Voting and Support Agreement (Pioneer Energy Services Corp)

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares in violation of this Article II shall, to the fullest extent permitted by applicable Law, be null and void ab initio. In furtherance of the foregoing, the each Holder hereby authorizes and instructs the Company Parent to instruct its transfer agent to enter a stop transfer order with respect to all of the Shares; provided, subject to the provisions hereof and provided that any such stop transfer order will immediately shall be withdrawn and terminated by the Company following the termination of removed with respect to any Transfer permitted under this Agreement. If any involuntary Transfer of any of the a Holder’s Shares shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 1 contract

Samples: Voting and Support Agreement (Centennial Resource Development, Inc.)

Unpermitted Transfers; Involuntary Transfers. Any Transfer or attempted Transfer of any Shares in violation of this Article II shall, to the fullest extent permitted by Applicable Law, be null and void ab initio. In furtherance of the foregoing, the each Holder hereby authorizes and instructs the Company to instruct its transfer agent to enter a stop transfer order with respect to all of the Shares, subject to the provisions hereof and ; provided that any such stop transfer order will immediately shall be withdrawn and terminated by the Company following the termination of removed with respect to any Transfer permitted under this Agreement. If any involuntary Transfer of any of the a Holder’s Shares shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Shares subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

Appears in 1 contract

Samples: Voting and Support Agreement (Liberty Oilfield Services Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.