Common use of Nature of Company Interests Clause in Contracts

Nature of Company Interests. The Member represents and warrants to the Company that it is acquiring its membership interests in the Company for its own account as an investment and without any intent to distribute the interest. The Member acknowledges that its interest in the Company has not been registered under the Securities Act of 1933 or any state securities laws, and may not be resold or transferred by the Member without appropriate registration or the availability of an exemption from such requirements.

Nature of Company Interests. The Each Member represents and warrants to the Company and each other Member that it such Member is acquiring its membership interests his interest in the Company for its the Member’s own account as an investment and without any an intent to distribute the interest. The Each Member acknowledges that its interest in the Company has not been registered under the Securities Act of 1933 or any state securities laws, and may not be resold or transferred by the Member without appropriate registration or the availability of an exemption from such requirements.

Nature of Company Interests. The Member represents and warrants to the Company that it the Member is acquiring its membership interests interest in the Company for its own account as an investment and without any an intent to distribute publicly the interest. The Member acknowledges that its interest in the Company has not been registered under the Securities Act of 1933 1933, as amended, or any state securities laws, and may not be resold or transferred by the Member without appropriate registration or the availability of an exemption from such requirements.