Common use of Effect of Non-Complying Transfers Clause in Contracts

Effect of Non-Complying Transfers. Any purported Transfer in violation of this Agreement will be null and void and of no legal effect, and no purported transferee of such a Transfer will be a shareholder of the Company.

Appears in 7 contracts

Sources: Shareholder Agreement, Shareholder Agreement (Manning & Napier, Inc.), Shareholder Agreement (Manning & Napier, Inc.)

Effect of Non-Complying Transfers. Any purported Transfer in violation of this Agreement will be null and void and of no legal effect, and no purported transferee of such a Transfer will be a shareholder Member of the CompanyLLC.

Appears in 3 contracts

Sources: Operating Agreement, Operating Agreement (Manning & Napier, Inc.), Operating Agreement (Manning & Napier, Inc.)