Common use of Limitation on the Issuance, Delivery and Sale of Equity Interests Clause in Contracts

Limitation on the Issuance, Delivery and Sale of Equity Interests. Except as expressly permitted by its LLC Agreement, the Issuer will not (1) issue, deliver or sell any Stock or (2) sell, directly or indirectly, or issue, deliver or sell, any Stock, except for the following:

Limitation on the Issuance, Delivery and Sale of Equity Interests. Except as expressly permitted by its LLC Issuer Agreement, the Issuer will not (1i) issue, deliver or sell any Stock or (2ii) sell, directly or indirectly, or issue, deliver or sell, any StockStock (in each case, however designated, whether voting or non-voting, other than the Beneficial Interests in Issuer existing on the Initial Closing Date), except for the following: