Assignments Not In Compliance With this Agreement Clause Samples

The "Assignments Not In Compliance With this Agreement" clause defines that any attempt to transfer or assign rights or obligations under the agreement, if not done according to the specified terms, will be considered invalid or ineffective. Typically, this means that if a party tries to assign the contract without obtaining required consent or following agreed procedures, such an assignment will not be recognized by the other party or enforceable under the agreement. This clause serves to protect the parties from unauthorized or unintended transfers, ensuring that all assignments are properly controlled and compliant with the contract's terms.
Assignments Not In Compliance With this Agreement. An assignee of Units pursuant to an Assignment that was not made pursuant to and upon the terms and conditions of this Agreement and the Unit Assignment Policy shall not have any rights whatsoever as a Member (whether to receive allocations or Distributions, any notices to Members, to vote, or otherwise) unless and until such assignee has complied with the terms and conditions of this Agreement and the Unit Assignment Policy, and such Assignment shall be of no force and effect whatsoever until such compliance has been obtained and satisfied.
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Assignments Not In Compliance With this Agreement. An assignee or transferee of Units pursuant to an assignment or other transfer which was not made pursuant to and upon the terms and conditions of this Agreement shall not have any rights whatsoever as a Member (including, without limitation, to receive Distributions, any notices to Members, to vote, or otherwise) unless and until such assignee or transferee has complied with the terms and conditions of this Agreement, and such assignment or other transfer shall be of no force and effect whatsoever unless and until such compliance has been obtained and satisfied.
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Related to Assignments Not In Compliance With this Agreement

  • Compliance with this Agreement The Purchaser shall have performed and complied with all of its agreements and conditions set forth or contemplated herein that are required to be performed or complied with by the Purchaser on or before the Closing Date.

  • Compliance with Other Agreements Employee represents and warrants that the execution of this Agreement by him and his performance of his obligations hereunder will not conflict with, result in the breach of any provision of or the termination of or constitute a default under any agreement to which Employee is a party or by which Employee is or may be bound.

  • Compliance with Terms of Leaseholds Make all payments and otherwise perform all obligations in respect of all leases of real property to which the Borrower or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, notify the Administrative Agent of any default by any party with respect to such leases and cooperate with the Administrative Agent in all respects to cure any such default, and cause each of its Subsidiaries to do so, except, in any case, where the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

  • LAW GOVERNING THIS AGREEMENT This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada without regard to principles of conflicts of laws. Any action brought by either party against the other concerning the transactions contemplated by this Agreement shall be brought only in the state or federal courts located in New York City, New York. The parties to this Agreement hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon forum non conveniens. The parties executing this Agreement and other agreements referred to herein or delivered in connection herewith on behalf of the Company agree to submit to the in personam jurisdiction of such courts and hereby irrevocably waive trial by jury. The prevailing party shall be entitled to recover from the other party its reasonable attorney’s fees and costs. In the event that any provision of this Agreement or any other agreement delivered in connection herewith is invalid or unenforceable under any applicable statute or rule of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to conform with such statute or rule of law. Any such provision which may prove invalid or unenforceable under any law shall not affect the validity or enforceability of any other provision of any agreement. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Agreement or any other Registered Offering Transaction Documents by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law.

  • Amendments to this Agreement This Agreement may only be amended by the parties in writing.