Common use of Rights Not Transferable Clause in Contracts

Rights Not Transferable. The rights of the Company Holders as of immediately prior to the Effective Time are personal to each such Company Holder and shall not be transferable for any reason other than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquiror. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Sources: Merger Agreement (Wright Medical Group Inc)

Rights Not Transferable. The Subject to the remainder of this Section 2.4, the rights of the Company Holders Equityholders and the Company Noteholders (collectively, the “Company Holders”) under this Agreement as of immediately prior to the Effective Time are personal to each such Company Holder Holders and shall not be transferable for any reason other than without action taken by operation or on behalf of law, will or the laws of descent and distribution or with the prior written consent of Acquirorsuch Company Holders. Any attempted transfer of such right by any holder thereof (otherwise other than as permitted by the immediately preceding sentence) shall be null and voidvoid ab initio.

Appears in 1 contract

Sources: Merger Agreement (GeneDx Holdings Corp.)

Rights Not Transferable. The rights of the Company Holders as of immediately prior to the Effective Time are personal to each such Company Holder Holders and shall not be transferable for any reason other otherwise than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquirordistribution. Any attempted transfer of such right by any holder thereof Company Holders (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Sources: Merger Agreement (Prosper Marketplace Inc)

Rights Not Transferable. The rights of the Company Holders Members as of immediately prior to the Effective Time Time, are personal to each such Company Holder member and shall will not be transferable for any reason other otherwise than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquirordistribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall will be null and void.

Appears in 1 contract

Sources: Merger Agreement (Home Solutions of America Inc)

Rights Not Transferable. The rights of the each Company Holders Holder as of immediately prior to the Effective Time are personal to each such Company Holder and shall not be transferable for any reason other otherwise than by operation of law, will or the laws of descent and distribution or with the prior written consent of Acquirordistribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Sources: Merger Agreement (Lattice Semiconductor Corp)