Common use of Invalid Transfer Clause in Contracts

Invalid Transfer. No transfer of a Partnership Interest that is in violation of this Article IX shall be valid or effective, and the Partnership shall not recognize the same for the purposes of making distributions with respect to such Partnership Interest, or part thereof.

Appears in 4 contracts

Sources: Limited Partnership Agreement (Us Oncology Corporate Inc), Limited Partnership Agreement (Us Oncology Corporate Inc), Limited Partnership Agreement (Us Oncology Corporate Inc)

Invalid Transfer. No transfer of a an interest in the Partnership Interest that is in violation of this Article IX XII shall be valid or effective, and the Partnership shall not recognize the same any improper transfer for the purposes of making payments of profits, return of capital contributions or other distributions with respect to such Partnership Interestinterest, or part thereof.

Appears in 2 contracts

Sources: Limited Partnership Agreement (Inergy Storage, Inc.), Limited Partnership Agreement (Inergy Storage, Inc.)

Invalid Transfer. No transfer of a Partnership Interest that is in ---------------- violation of this Article IX shall be valid or effective, and the Partnership shall not recognize the same for the purposes of making distributions with respect to such Partnership Interest, or part thereof.

Appears in 1 contract

Sources: Limited Partnership Agreement (Aor Holding Co of Indiana Inc)