Common use of Resales in Compliance with Law Clause in Contracts

Resales in Compliance with Law. Such Member will not (i) offer, pledge, sell or otherwise Dispose of the Private Owner Interest (or any interest therein) or any Asset (or any interest therein or evidence thereof) to, (ii) solicit any offer to buy or accept a transfer, pledge or other Disposition of the Private Owner Interest (or any interest therein) or any Asset (or any interest therein or evidence thereof) from, or (iii) otherwise approach or negotiate with respect to the Private Owner Interest (or any interest therein) or any Asset (or any interest therein or evidence thereof) with, any Person in any manner, or take any other action, that would (A) not comply with Article VIII, or (B) render the transfer to such Member of the Private Owner Interest or any interest in any Asset a violation of any Law relating to the issuance, regulation, registration or disposition of securities, nor will it authorize any Person to so act, in any manner with respect to the Private Owner Interest (or any interest therein) or any Asset (or interest therein or evidence thereof).

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement, Private Owner Interest Sale and Assignment Agreement

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Resales in Compliance with Law. Such Member will not (i) offer, pledge, sell or otherwise Dispose dispose of the Private Owner LLC Interest (or any interest therein) or any Asset Loan (or any interest therein or evidence thereof) to, or (ii) solicit any offer to buy or accept a transfer, pledge or other Disposition disposition of the Private Owner LLC Interest (or any interest therein) or any Asset Loan (or any interest therein or evidence thereof) from, or (iii) otherwise approach or negotiate with respect to the Private Owner LLC Interest (or any interest therein) or any Asset Loan (or any interest therein or evidence thereof) with, any Person person or entity in any manner, or take any other action, that would (A) not comply with Article VIII, or (B) render the transfer to such Member of the Private Owner LLC Interest or any interest in any Asset Loan a violation of any Law relating to the issuance, regulation, registration or disposition of securities, nor will it so act, nor will it authorize any Person person or entity to so act, in any manner with respect to the Private Owner LLC Interest (or any interest therein) or any Asset Loan (or interest therein or evidence thereof).

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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Resales in Compliance with Law. Such Member will not (i) offer, pledge, sell or otherwise Dispose of the Private Owner Interest (or any interest therein) or any Asset (or any interest therein or evidence thereof) to, (ii) solicit any offer to buy or accept a transfer, pledge or other Disposition of the Private Owner Interest (or any interest therein) or any Asset (or any interest therein or evidence thereof) from, or (iii) otherwise approach or negotiate with respect to the Private Owner Interest (or any interest therein) or any Asset (or any interest therein or evidence thereof) with, any Person in any manner, or take any other action, that would (A) not comply with Article VIII, or (B) render the transfer to such Member of the Private Owner Interest or any interest in any Asset a violation of any Law relating to the issuance, regulation, registration or disposition of securities, nor will it authorize any Person to so act, in any manner with respect to the Private Owner Interest (or any interest therein) or any Asset (or interest therein or evidence thereof).thereof).β€Œβ€Œ

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

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