Common use of Subsequent Transfer Clause in Contracts

Subsequent Transfer. Purchaser acknowledges that the Securities are being sold in a transaction that is not registered under the Securities Act or any applicable state securities laws and, therefore, cannot be sold unless subsequently registered under the Securities Act or any applicable state securities laws or an exemption from such registration is available and that transfers of the Securities may be restricted by applicable securities laws.

Appears in 4 contracts

Samples: Purchase Agreement (Serenity Investments, LLC), Purchase Agreement (Serenity Investments, LLC), Purchase Agreement (Daniel v. Tierney 2011 Trust)

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