Void Assignments Sample Clauses
The 'Void Assignments' clause establishes that any attempt to transfer rights or obligations under the contract without proper authorization is invalid and has no legal effect. In practice, this means that if a party tries to assign their interests in the agreement to another party without meeting specified conditions—such as obtaining written consent from the other party—the assignment will not be recognized or enforceable. This clause serves to protect the parties from unwanted or unauthorized changes in contractual relationships, ensuring that all assignments are controlled and agreed upon, thereby maintaining the integrity and predictability of the agreement.
Void Assignments. Any assignment not in accordance with this Section 13.2 shall be void.
Void Assignments. Any purported sale, transfer, assignment, hypothecation, pledge or other disposition or encumbrance by a Partner of any Interest in the Partnership not made strictly in accordance with the provisions of this Article VII or otherwise permitted by this Agreement shall be entirely null and void, and of no force or effect.
Void Assignments. Any assignment, sale, exchange or other transfer in contravention of any of the provisions of this Article 9 shall be void and ineffectual, and shall not obligate, or be recognized by, the General Partner or the Partnership. 10.
Void Assignments. Any assignment or other transfer of rights and obligations hereunder which is inconsistent with the foregoing shall be null and void ab initio.
Void Assignments. Beneficiaries agree that any Transfer of Beneficiary Rights executed, directly or indirectly, through any means, including transfer of beneficiary rights, partnership interests or similar equities in other companies or rights regarding such equities, shall be void, and shall not be effective against the Trust, the Trustee or the Beneficiaries, and such Transfer shall not be enforceable unless such Transfer of Beneficiary Rights complies with the provisions set forth in this Clause IV.
Void Assignments. Any transfer, sale, assignment, delegation, or issuance of any stock, membership, or other interest in ▇▇▇▇ without City's written consent is void.
Void Assignments. Assignments or transfers not in compliance with this Article 14 will be void and ineffective, and the Party not in violation of this Article 14 shall have no obligations and liabilities with respect to any such purported assignment or assignee, and the Party in violation of this Article 14 shall indemnify and hold the other Party harmless from and against any and all claims arising from or in relation to such purported assignment or assignee. No assignment permitted hereunder will relieve a Party of any of its obligations hereunder, except as explicitly provided for hereunder.
Void Assignments. Any purported assignment of this Agreement without the written consent of Franchisor shall be void and any such attempt to assign or transfer this Agreement shall be a breach hereof.
Void Assignments. Notwithstanding anything to the contrary in this Agreement, any assignment of a Member's Interest in the Company (a) to a Person prohibited by law from holding such Interest or (b) in violation of the provisions of this Agreement, shall be null and void and shall not bind the Company.
Void Assignments. Shareholders agree that any Transfer of Common Shares of the Company executed, directly or indirectly, through any means, including transfer of Common Shares, partnership interests or similar equities in other companies or rights regarding such equities, shall be void, and shall not be effective against the Company or the Shareholders, and such Transfer shall not be enforceable unless such Transfer of Common Shares complies with the provisions set forth in this Article Five.