Common use of Restricted Securities; Legends Clause in Contracts

Restricted Securities; Legends. The Holder recognizes that this Note will not be registered under the Securities Act or other applicable federal or state securities laws. The Holder understands that the Note is characterized as “restricted securities” under the federal securities laws inasmuch as it is being acquired from the Borrower in a transaction not involving a public offering. The Holder acknowledges that it may not to sell or transfer this Note unless it is registered under the Securities Act and under any other applicable securities laws

Restricted Securities; Legends. The Holder recognizes that this Note will not be registered under the Securities Act or other applicable federal or state securities laws. The Holder understands that the Note is characterized as “restricted securities” under the federal securities laws inasmuch as it is being acquired from the Borrower in a transaction not involving a public offering. The Holder acknowledges that it may not to sell or transfer this Note unless it is registered under the Securities Act and under any other applicable securities laws.

Restricted Securities; Legends. The Holder recognizes that this Note will not be registered under the Securities Act or other applicable federal or state securities laws. The Holder understands that the Note is characterized as “restricted securities” under the federal securities laws inasmuch as it is being acquired from the Borrower in a transaction not involving a public offering. The Holder acknowledges that it may not to sell or transfer this Note unless it is registered under the Securities Act and under any other applicable securities lawsrestricted

Restricted Securities; Legends. The Holder recognizes that this Note will not be registered under the Securities Act or other applicable federal or state securities laws. The Holder understands that the Note is characterized as “restricted securities” under the federal securities laws inasmuch as it is being acquired from the Borrower in a transaction not involving a public offering. The Holder acknowledges that it may not sell to sell or transfer this Note unless it is registered under the Securities Act and under any other applicable securities laws

Restricted Securities; Legends. The Holder recognizes that this Note will not be registered under the tl1e Securities Act or other applicable federal or state securities laws. The Holder understands that the Note is characterized as “restricted securities” under the federal securities laws inasmuch as it is being acquired from the Borrower in a transaction not involving a public offering. The Holder acknowledges that it may not to sell or transfer this Note unless it is registered under the Securities Act and under any other applicable securities laws