Common use of The Transferee Covenants Clause in Contracts

The Transferee Covenants. The Transferee will not make a public offering of the Purchased Certificates, and will not reoffer or resell the Purchased Certificates in a manner that would render the issuance and sale of the Purchased Certificates, whether considered together with the resale or otherwise, a violation of the Securities Act, or any state securities or "Blue Sky" laws or require registration pursuant thereto;

The Transferee Covenants. The Transferee will not make a public offering of the Purchased Residual Certificates, and will not reoffer or resell the Purchased Residual Certificates in a manner that would render the issuance and sale of the Purchased Certificates, Residual Certificates whether considered together with the resale or otherwise, a violation of the Securities Act, or any state securities or "Blue Sky" laws or require registration pursuant thereto;.