Restrictions on Transfer. Creditor understands that it may not transfer any Shares unless such Shares are registered under the Securities Act or applicable state securities laws, or unless exemptions from such registration and qualification requirements are available.
Section # Restricted Securities. Creditor understandsacknowledges that it may not transfer any Shares unless suchthe Shares are not registered under the Securities ActAct, or applicableany state securities laws, and that the Shares may not be transferred or unless exemptions from suchsold except pursuant to the registration provisions of the Securities Act or pursuant to an applicable exemption therefrom and qualification requirements are available.subject to state securities laws and regulations, as applicable.
Section # Restricted Securities. Creditor understandsacknowledges that it may not transfer any Shares unless suchthe Shares are not registered under the Securities ActAct, or applicableany state securities laws, and that the Shares may not be transferred or unless exemptions from suchsold except pursuant to the registration provisions of the Securities Act or pursuant to an applicable exemption therefrom and qualification requirements are available.subject to state securities laws and regulations, as applicable.
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