Resale of Shares by Trust. The parties understand and agree that the Trust may, in its discretion offer and sell some or all of the Shares in private transactions or in lawful public transactions, so long as none of these transactions are effected with U.S. Persons, as that term is defined in Securities and Exchange Commission Regulation S, do not involve U.S.-directed selling efforts, and are effected in accordance with the applicable laws of the jurisdiction in or from any such offer or sale is effected.
Appears in 4 contracts
Samples: Amended Master Financing Agreement, Master Financing Agreement (Utilicraft Aerospace Industries, Inc.), Master Financing Agreement (Utilicraft Aerospace Industries, Inc.)
