Common use of Investment Intention and Restrictions on Disposition Clause in Contracts

Investment Intention and Restrictions on Disposition. Each Member represents and warrants that such Member is acquiring the Units solely for such Member’s own account for investment and not with a view to resale in connection with any distribution thereof. Each Member agrees that such Member will not, directly or indirectly, Transfer any of the Units (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any of the Units (other than pursuant to the Ramguard Note and Pledge Agreement)) or any other Interests or any rights relating thereto or offer to Transfer, except in compliance with the Securities Act, all applicable state securities or “blue sky” Laws, any other applicable securities Laws and this Agreement. Any attempt by a Member, directly or indirectly, to Transfer, or offer to Transfer, any Units or any other Interests or any rights relating thereto without complying with the provisions of this Agreement, shall be void and of no effect.