Common use of No Directed Selling Efforts Clause in Contracts

No Directed Selling Efforts. The Creditor has not acquired the Note as a result of, and will not itself engage in, any “directed selling efforts” (as defined in Regulation S) in the United States in respect of the Securities, which would include any activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market in the United States for the resale of the Securities; provided, however, that the Purchaser may sell or otherwise dispose of the Securities pursuant to registration thereof under the Securities Act and any applicable state and provincial securities laws or under an exemption from such registration requirements;

No Directed Selling Efforts. The Creditor Buyer has not acquired the Note Securities as a result of, and will not itself engage in, any “directed selling efforts” (as defined in Regulation SS under the 1000 Xxx) in the United States in respect of the Securities, Securities which would include any activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market in the United States for the resale of the Securities; provided, however, that the Purchaser Buyer may sell or otherwise dispose of the Securities pursuant to registration thereof under the Securities 1933 Act and any applicable state and provincial securities laws or under an exemption from such registration requirements;.

No Directed Selling Efforts. The Creditor Purchaser has not acquired the Note Securities as a result of, and will not itself engage in, any “directed selling efforts” (as defined in Regulation SS under the 0000 Xxx) in the United States in respect of the Securities, Securities which would include any activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market in the United States for the resale of the Securities; provided, however, that the Purchaser may sell or otherwise dispose of the Securities pursuant to registration thereof under the Securities 1933 Act and any applicable state and provincial securities laws or under an exemption from such registration requirements;

No Directed Selling Efforts. The Creditor Purchaser has not acquired the Note Securities as a result of, and will not itself engage in, any “directed selling efforts” (as defined in Regulation SS under the 1000 Xxx) in the United States in respect of the Securities, Securities which would include any activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market in the United States for the resale of the Securities; provided, however, that the Purchaser may sell or otherwise dispose of the Securities pursuant to registration thereof under the Securities 1933 Act and any applicable state and provincial securities laws or under an exemption from such registration requirements;