Common use of Non-Recognition of Certain Market Transfers Clause in Contracts

Non-Recognition of Certain Market Transfers. The Company shall not recognize any Transfer (other than any transfer with respect to which the representations set forth on Exhibit A are provided) made on any market by (A) redeeming any Interests of a Member, or (B) admitting as a Member any transferee pursuant to a Transfer or otherwise recognizing any rights of any transferee, such as a right of such transferee to receive Company distributions (directly or indirectly) or to acquire an interest in the capital or profits of the Company.

Non-Recognition of Certain Market Transfers. The Company shall not recognize any Transfer (other than any transfer with respect to which the representations set forth on Exhibit A are provided) made on any market by by: (Ax) redeeming any Interests Units of a Member, ; or (By) admitting as a Member any transferee pursuant to a Transfer or otherwise recognizing any rights of any transferee, such as a right of such transferee to receive Company distributions (directly or indirectly) or to acquire an interest in the capital or profits of the Company.

Non-Recognition of Certain Market Transfers. The Company shall not recognize any Transfer (other than any transfer with respect to which the representations set forth on Exhibit A are provided) made on any market by (Aa) redeeming any Interests Units of a Member, or (Bb) admitting as a Member any transferee pursuant to a Transfer or otherwise recognizing any rights of any transferee, such as a right of such transferee to receive Company distributions (directly or indirectly) or to acquire an interest in the capital or profits of the Company.