Common use of Prohibited Transfers and Assignments Clause in Contracts

Prohibited Transfers and Assignments. No transfer or assignment shall be made if the transfer or assignment (i) would violate applicable Federal and state securities laws or regulations, (ii) would materially adversely affect the classification of the Company as a partnership for Federal or state income tax purposes or (iii) would affect the Company's qualification as a limited liability company under the Act.

Prohibited Transfers and Assignments. No transfer or assignment shall be made if the transfer or assignment (i) would violate applicable Federal federal and state securities laws or regulations, (ii) would materially adversely affect the classification of the Company as a partnership for Federal federal or state income tax purposes purposes, or (iii) would affect the Company's ’s qualification as a limited liability company under the Act.

Prohibited Transfers and Assignments. No transfer or assignment shall be made if the transfer or assignment (assignment: i) would violate applicable Federal federal and state securities laws or regulations, (ii) would materially adversely affect the classification of the Company as a partnership for Federal federal or state income tax purposes purposes, or (iii) would affect the Company's Company qualification as a limited liability company under the Act.. \