Invalid Transfers Void. Any purported Transfer of an Interest or any part thereof not in compliance with the provisions of this Article 9 shall be void and of no force or effect and the transferring Member shall be liable to the other Members and the Company for all liabilities, obligations, damages, losses, costs and expenses (including but not limited to reasonable attorneys' fees and court costs) arising out of such noncomplying Transfer.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Dobson Communications Corp), Limited Liability Company Agreement (Dutchess County Cellular Telephone Co Inc), Limited Liability Company Agreement (Dobson Communications Corp)