Excepted Sales. This Section 10.03 shall not apply to sales in a distribution to the public (whether pursuant to a registered public offering, Rule 144 or otherwise).
Appears in 2 contracts
Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.)
Excepted Sales. This Section 10.03 13.4 shall not apply to sales in a distribution to the public (whether pursuant to a registered public offering, Rule 144 or otherwise).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.), Limited Liability Company Agreement (Morgans Hotel Group Co.)