Violation of Restrictions. In the event of any purported transfer or other disposition of any Member's interest in the Company in violation of the provisions of this Article IX, without limiting any other rights of the Company, the Managing Members shall have the option, in their sole discretion, to treat the Member as having withdrawn from the Company and to purchase or cause the Company to purchase such Member's interest for cash at a price equal to the value thereof determined by the Managing Members as of a date selected by them. In the event of purchase, the terminated Member's and the remaining Members' interests in the Company shall be appropriately adjusted, and the subject Member (and his purported transferee) shall have no further interest in the Company except to receive the purchase price, if any, for his interest as determined by the Managing Members. Such option must be exercised, if at all, by written notice to the affected Member (or his successor(s) in interest) given not later than ninety (90) days after the Managing Members are advised in writing of the purported transfer or disposition, and the purchase or withdrawal shall be consummated on the date specified in such notice, which shall not be later than sixty (60) days after it is given.
Violation of Restrictions. Violation of any restrictions will result in termination of this Agreement and there will be NO REFUND.
Violation of Restrictions. With respect to any Shares which shall ------------------------- have been sold or transferred in violation of any of the provisions set forth in this Agreement, the Company shall not be required (i) to reflect such transfer on its books, or (ii) to treat as owner of such Shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such Shares shall have been so transferred.
Violation of Restrictions. Any violation of the Flight Benefits restrictions can lead to cancellation of all flight benefits described herein at TAM's discretion, or full-fare reimbursement.
Violation of Restrictions. With respect to any Securities which shall have been sold or transferred in violation of any of the provisions set forth in this Assignment, the Issuer shall not be required (i) to reflect such transfer on its books, or (ii) to treat as owner of such Securities or to accord the right to vote as such owner or to pay dividends to any transferee to whom such Securities shall have been so transferred.
Violation of Restrictions. Consultant acknowledges that compliance with the non-competition and non-solicitation restrictive covenants contained in this Section 6 is necessary to protect the Confidential Information, business, and goodwill of FFE. Consultant also acknowledges that a breach of such covenants will result in irreparable and continuing damages to FFE, for which money damages may be an insufficient remedy to FFE. Further, Consultant acknowledges that the ascertainment of the full amount of damages in the event of Consultant’s breach of any provision of this Agreement would be difficult. Consequently, Consultant agrees that, in the event of a breach or threatened breach of any of the restrictive covenants contained in this agreement, that the parties, in addition to all other remedies they may have, shall be entitled to both (a) temporary, preliminary and/or permanent injunctive relief to restrain the breach of or otherwise to specifically enforce any of the covenants in order to prevent the continuation of such harm; and (b) money damages insofar as they can be determined.
Violation of Restrictions. 15 9.4. Agreement Not to Transfer..................................................................... 15 9.5.
Violation of Restrictions. In the event of unintentional violation of any of the foregoing restrictions with respect to any Lot, the Developer(s) or its successors reserve the right (by and with the mutual written consent of the Owner or Owners for the time being of such lot) to change, amend, or release any of the foregoing restrictions as the same may apply to that particular Lot. 9472PAGE S3C
