Common use of Limitation on Resale and Transferability Clause in Contracts

Limitation on Resale and Transferability. The Purchaser understands that the P Shares cannot be offered for sale, sold, or otherwise transferred unless in accordance with the provisions of Regulation S, pursuant to registration under the Securities Act and applicable state securities laws, or pursuant to an available exemption from registration under the Securities Act. The Purchaser has not engaged in any “Directed Selling Efforts” (as defined in Regulation S) and the Purchaser has no present intention to sell or otherwise transfer the Seller Shares except in accordance with the provisions of Regulation S of the Securities Act, pursuant to registration under the Securities Act, or pursuant to an available exemption from registration under the Securities Act.

Limitation on Resale and Transferability. The Purchaser understands that the P Sellers' Shares cannot be offered for sale, sold, or otherwise transferred unless in accordance with the provisions of Regulation S, pursuant to registration under the Securities Act and applicable state securities laws, or pursuant to an available exemption from registration under the Securities Act. The Purchaser has not engaged in any “"Directed Selling Efforts” " (as defined in Regulation S) and the Purchaser has no present intention to sell or otherwise transfer the Seller Sellers' Shares except in accordance with the provisions of Regulation S of the Securities Act, pursuant to registration under the Securities Act, or pursuant to an available exemption from registration under the Securities Act.

Limitation on Resale and Transferability. The Purchaser understands that the P Seller Shares cannot be offered for sale, sold, or otherwise transferred unless in accordance with the provisions of Regulation S, pursuant to registration under the Securities Act and applicable state securities laws, or pursuant to an available exemption from registration under the Securities Act. The Purchaser has not engaged in any “Directed Selling Efforts” (as defined in Regulation S) and the Purchaser has no present intention to sell or otherwise transfer the Seller Shares except in accordance with the provisions of Regulation S of the Securities Act, pursuant to registration under the Securities Act, or pursuant to an available exemption from registration under the Securities Act.