Future Transfer Requirements Sample Clauses
The Future Transfer Requirements clause sets out the obligations and procedures that parties must follow if ownership or rights under the agreement are to be transferred at a later date. Typically, this clause details the conditions under which a transfer can occur, such as obtaining prior written consent, meeting regulatory requirements, or providing specific documentation. By establishing clear guidelines for future transfers, the clause helps prevent disputes and ensures that any change in ownership or rights is managed in an orderly and predictable manner.
Future Transfer Requirements. We acknowledge and agree that we may not transfer any Subject Securities (or any interest therein) to any person unless the Trustee has received a certificate substantially in the form of this Investor Questionnaire. Any attempt to transfer in violation of this section will be null and void from the beginning, and of no legal effect. We agree to provide, if requested, any additional information that may be required to substantiate our status as certified above or to determine compliance with ERISA and/or Section 4975 of the Code or to otherwise determine our eligibility to purchase the Subject Securities of the Issuer.
Future Transfer Requirements. We acknowledge and agree that we may not transfer any Purchased Notes to any person unless the Trustee has received a certificate substantially in the form of this Investor Questionnaire. Any attempt to transfer in violation of this section will be null and void from the beginning, and of no legal effect. We agree to provide, if requested, any additional information that may be required to substantiate our status as certified above or to determine compliance with ERISA and/or Section 4975 of the Code or to otherwise determine our eligibility to purchase the Purchased Notes of the Issuer. (Name of Investor) By: Name: Title: Date: ____________________________________ UMB Bank, National Association ▇▇▇ ▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Corporate Trust and Agency Services – CLO – StepStone CLO 2025-I Re: StepStone CLO 2025-I LLC (the “Issuer”); [Class [A][B]][Subordinated] Notes due 2037 (the “Notes”) Reference is hereby made to the Indenture, dated as of September 17, 2025 (the “Indenture”) between the Issuer and UMB Bank, National Association, as Trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. This letter relates to U.S. $___________ Aggregate Outstanding Amount of Notes which are held in the form of a [Regulation S Global Note representing Class A Notes with DTC][Certificated Secured Class [A][B] Notes][Certificated Subordinated Notes] in the name of _________________ (the “Transferor”) to effect the transfer of the Notes in exchange for an equivalent beneficial interest in a Rule 144A Global [Class [A][B]][Subordinated] Note. In connection with such transfer, and in respect of such Notes, the Transferor does hereby certify that such Notes are being transferred to ___________________ (the “Transferee”) in accordance with (i) the transfer restrictions set forth in the Indenture, including, but not limited to, the tax-related transfer restrictions under Section 2.12 of the Indenture, and the Offering Circular relating to such Notes and (ii) Rule 144A under the United States Securities Act of 1933, as amended, and it reasonably believes that the Transferee is purchasing the Notes for its own account, is a Qualified Purchaser and a Qualified Institutional Buyer and is obtaining such beneficial interest in a transaction meeting the requirements of Rule 144A and in accordance with any applicable securities laws of any state of the United States or any other jurisdiction. T...