Common use of Resales in Compliance with Law Clause in Contracts

Resales in Compliance with Law. Member will not (i) offer, pledge, sell or otherwise dispose of the Company Interest (or any interest therein) or any Loan (or any interest therein or evidence thereof) to, or (ii) solicit any offer to buy or accept a transfer, pledge or other disposition of the Company Interest (or any interest therein) or any Loan (or any interest therein or evidence thereof) from, or (iii) otherwise approach or negotiate with respect to the Company Interest (or any interest therein) or any Loan (or any interest therein or evidence thereof) with, any person or entity in any manner, or take any other action, that would render the transfer to Member of the Company Interest or any interest in any Loan a violation of any law, rule, regulation or requirement relating to the issuance, regulation, registration or disposition of securities, nor will it so act, nor will it authorize any person or entity to so act, in any manner with respect to the Company Interest (or any interest therein) or any Loan (or interest therein or evidence thereof).

Appears in 5 contracts

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

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Resales in Compliance with Law. The Member will not (i) offer, pledge, sell or otherwise dispose of the Company Interest (or any interest therein) or any Loan Company Property (or any interest therein or evidence thereof) to, or (ii) solicit any offer to buy or accept a transfer, pledge or other disposition of the Company Interest (or any interest therein) or any Loan Company Property (or any interest therein or evidence thereof) from, or (iii) otherwise approach or negotiate with respect to the Company Interest (or any interest therein) or any Loan Company Property (or any interest therein or evidence thereof) with, any person or entity in any manner, or take any other action, that would render the transfer to the Member of the Company Interest or any interest in any Loan Company Property a violation of any law, rule, regulation or requirement relating to the issuance, regulation, registration or disposition of securities, nor will it so act, nor will it authorize any person or entity to so act, in any manner with respect to the Company Interest (or any interest therein) or any Loan Company Property (or interest therein or evidence thereof).

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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