Invalid Act Sample Clauses

Invalid Act. The Direct Transfer and/or Indirect Transfer without observation of the clauses of this Agreement, especially Clauses 7, 8 and 9 below, will be considered invalid and ineffective, being that registration of any Transfer carried out without observance of this Agreement is prohibited, the respective administrators and trustee institution of the Shares and Indirect Participations are forbidden to make these entries in the corresponding corporate books. ▇▇▇▇▇▇, Integritas, Bradseg, Core and/or Core Partners, are hereby obliged not to Transfer, partially or totally, the Shares and/or Indirect Participations, according to the case, without previously ensuring the right of preference and the right to Tag Along to the Original Shareholders, as applicable and laid out in this Agreement, as well as expressly recognize any Direct Transfer or Indirect Transfer as being invalid and ineffective without observation of this Agreement.
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Related to Invalid Act

  • Invalid or Unenforceable Provisions The invalidity or unenforceability of any particular provision of this Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if the invalid or unenforceable provisions were omitted.

  • Invalid clauses If any part of the contract is found by any court or similar authority to be invalid, illegal or unenforceable, that part shall be struck out, but the rest of the contract shall apply.

  • Invalid Provisions If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Law, and if the rights or obligations of any party hereto under this Agreement will not be materially and adversely affected thereby, (a) such provision will be fully severable, (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof, (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible.

  • Invalid Provision The invalidity or unenforceability of any provision of this Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provision were omitted.

  • Unenforceability The fact that any collateral, security, security interest or lien contemplated or intended to be given, created or granted as security for the repayment of the Guaranteed Obligations, or any part thereof, shall not be properly perfected or created, or shall prove to be unenforceable or subordinate to any other security interest or lien, it being recognized and agreed by Guarantor that Guarantor is not entering into this Guaranty in reliance on, or in contemplation of the benefits of, the validity, enforceability, collectibility or value of any of the collateral for the Guaranteed Obligations.