Purported Transfers in Violation. Any purported transfer of Notes in violation the provisions of this Section 10 are null and void and shall be of no effect. The purported transferee shall have no interest in any of the Notes purported to be transferred. Each Note Holder agrees that in the event of a purported transfer of Notes in violation of the provisions of this Section 10, the Fund may enforce the provisions of this Section 10 by specific performance or other injunctive relief, in addition to any of the remedies available at law or in equity.
Appears in 5 contracts
Sources: Subscription Agreement (DLP Positive Note Fund LLC), Subscription Agreement (DLP Positive Note Fund LLC), Subscription Agreement (DLP Positive Note Fund LLC)
Purported Transfers in Violation. Any purported transfer of Notes in violation of the provisions of this Section 10 are is null and void and shall be of no effect. The purported transferee shall have no interest in any of the Notes purported to be transferred. Each Note Holder agrees that in the event of a purported transfer of Notes in violation of the provisions of this Section 10, the Fund may enforce the provisions of this Section 10 by specific performance or other injunctive relief, in addition to any of the remedies available at law or in equity.
Appears in 1 contract
Sources: Subscription Agreement (DLP Positive Fixed Returns Fund LLC)