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Common use of Prohibition Against Assignment Clause in Contracts

Prohibition Against Assignment. During the Vesting Period, the Restricted Shares may not be transferred or encumbered by the Recipient by means of sale, assignment, mortgage, transfer, exchange, pledge, or otherwise. The levy of any execution, attachment, or similar process upon the Restricted Shares shall be null and void.

Appears in 44 contracts

Sources: Restricted Share Award Agreement (Mack Cali Realty L P), Restricted Share Award Agreement (Mack Cali Realty L P), Restricted Share Award Agreement (Mack Cali Realty L P)

Related Clauses

  • Prohibition Against Transfer
  • Prohibition Against Recording
  • Protections Against Violations of Agreement
  • Actions against Parties; Notification
  • Prohibition on Assignment

Parent Clauses

  • Award Restrictions
  • Miscellaneous Provisions
  • Miscellaneous
  • GENERAL CONDITIONS
  • General

Sub-Clauses

  • Non-Inducement of Customers to Discontinue or Reduce Business Relationship
  • State Specific Terms – Colorado and Massachusetts Employees
  • Non-Inducement of Suppliers to Discontinue or Reduce Business Relationship
  • Non-Solicitation / Interference with Company Personnel
  • Notification of Company Regarding Any New Employment
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