Common use of Resale Limitations Clause in Contracts

Resale Limitations. Such Seller is fully aware of the restrictions on sale, transferability and assignment of the Purchase Price Shares, and that he must bear the economic risk of retaining ownership of such securities for an indefinite period of time. Such Seller is aware that (a) the Purchase Price Shares will not be registered under the Securities Act; and (b) because the issuance of the Purchase Price Shares has not been registered under the Securities Act, an investment in the Purchase Price Shares cannot be readily liquidated if the holder desires to do so, but rather may be required to be held indefinitely.

Resale Limitations. Such Seller Buyer is fully aware of the restrictions on sale, transferability and assignment of the Purchase Price SharesMembership Interests, and that he Buyer must bear the economic risk of retaining ownership of such securities for an indefinite period of time. Such Seller Buyer is aware that (a) the Purchase Price Shares Membership Interests will not be registered under the Securities Act; and (b) because the issuance of the Purchase Price Shares Membership Interests has not been registered under the Securities Act, an investment in the Purchase Price Shares Membership Interests cannot be readily liquidated if the holder Buyer desires to do so, but rather may be required to be held indefinitely.