Common use of No Transfer Clause in Contracts

No Transfer. You understand that under the terms of the LLC Agreement, the Shares may not be transferred without our consent. Also, securities laws limit transfer of the Shares. Finally, there is currently no market for the Shares, meaning it might be hard to find a buyer. As a result, you should be prepared to hold the Shares indefinitely.

Appears in 15 contracts

Samples: Investment Agreement (Nv Reit LLC), Investment Agreement (Nv Reit LLC), Investment Agreement (Skid Row AHP LLC)

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No Transfer. You understand that under the terms of the LLC Agreement, the Shares LLC Interest may not be transferred without our consent. Also, securities laws limit transfer of the SharesLLC Interest. Finally, there is currently no market for the SharesLLC Interest, meaning it might be hard to find a buyer. As a result, you should be prepared to hold the Shares LLC Interest indefinitely.

Appears in 9 contracts

Samples: Investment Agreement (Mysk Orlando Growth Fund LLC), Investment Agreement (Multi-Housing Income REIT, LLC), Investment Agreement (Multi-Housing Income REIT, Inc.)

No Transfer. You understand that under the terms of the LLC Agreement, the Shares may not be transferred without our consent. Also, securities laws limit transfer of the Shares. Finally, there is currently no market for the Shares, meaning it might be hard to find a buyer. As a result, you should be prepared to hold the Shares indefinitely.

Appears in 1 contract

Samples: Investment Agreement (Value Add Growth REIT IV, LLC)

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No Transfer. You understand that under the terms of the LLC Agreement, the Shares Interest may not be transferred without our consent. Also, securities laws limit transfer of the SharesInterest. Finally, there is currently no market for the SharesInterest, meaning it might be hard to find a buyer. As a result, you should be prepared to hold the Shares Interest indefinitely.

Appears in 1 contract

Samples: Investment Agreement

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