Common use of Federal Law Disclosure and Limitations Clause in Contracts

Federal Law Disclosure and Limitations. The interests of the Partners in the Partnership have not, nor will be, registered under federal or state securities laws. Interests may not be offered for sale, sold, pledged or otherwise transferred unless so registered, or unless an exemption from registration exists. The availability of any exemption from registration must be established by an opinion of counsel, whose opinion must be satisfactory to the General Partner.

Federal Law Disclosure and Limitations. The interests of the Partners in the Partnership have not, nor will be, registered under federal or state securities laws. Interests in the Partnership may not be offered for sale, sold, pledged or otherwise transferred unless so registered, or unless an exemption from registration exists. The availability of any exemption from registration must be established by an opinion of counsel, whose opinion must be satisfactory to the General Partner.

Federal Law Disclosure and Limitations. The interests of the Partners in the Partnership have not, nor will be, registered under federal or state securities laws. Interests Units may not be offered for sale, sold, pledged or otherwise transferred unless so registered, or unless an exemption from registration exists. The availability of any exemption from registration must be established by an opinion of counsel, whose opinion must be satisfactory to the General Partner.

Federal Law Disclosure and Limitations. The interests of the Partners in the Partnership Interests have notnot been, nor will they be, registered under federal or state securities laws. Such Partnership Interests may not be offered for sale, sold, pledged pledged, or otherwise transferred unless so registered, or unless an exemption from form registration exists. The availability of any exemption from registration must be established by an a written opinion of counselcounsel for the owner thereof, whose which opinion of counsel must be reasonably satisfactory to the General Partner.

Federal Law Disclosure and Limitations. The interests of the Partners in the Partnership Interests have not, nor will be, registered under federal or state securities laws. Partnership Interests may not be offered for sale, sold, pledged pledged, or otherwise transferred trans- ferred unless so registered, or unless an exemption from registration exists. The availability of any exemption from registration must be established by an opinion of counsel, whose opinion must be satisfactory to the General Partner.

Federal Law Disclosure and Limitations. The interests of the Partners -------------------------------------- in the Partnership have not, nor will be, registered under federal or state securities laws. Interests in the Partnership may not be offered for sale, sold, pledged or otherwise transferred unless so registered, or unless an exemption from registration exists. The availability of any exemption from registration must be established by an opinion of counsel, whose opinion must be satisfactory to the General Partner.

Federal Law Disclosure and Limitations. The interests of the Partners in the Partnership have not, nor will be, registered under until federal or state securities laws. Interests in the Partnership may not be offered for sale, sale sold, pledged or otherwise transferred unless so registered, or unless an exemption from registration exists. The availability of any exemption from registration must be established by an opinion of counsel, whose opinion must be satisfactory to the General Partner.