Common use of Sales of Partnership Interests Clause in Contracts

Sales of Partnership Interests. In connection with the sale of the Collateral, Agent is authorized, but not obligated, to limit prospective purchasers to the extent deemed necessary or desirable by Agent to render such sale exempt from the registration requirements of the Securities Act of 1933, as amended, and any applicable state securities laws, and no sale so made in good faith by Lenders shall be deemed not to be "commercially reasonable" because so made.

Appears in 8 contracts

Samples: Assignment of Partnership Interests (Nci Building Systems Inc), Assignment of Partnership Interests (Nci Building Systems Inc), Assignment of Partnership Interests (Nci Building Systems Inc)

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