Common use of TRANSFER OF SENIOR NOTES Clause in Contracts

TRANSFER OF SENIOR NOTES. The Senior Notes are non-negotiable and shall not be assigned or transferred without the prior written consent of the Company, which consent may be withheld in its sole and absolute discretion. Any attempted assignment or delegation of a Senior Note without the consent of the Company shall be null and void. Without limiting the foregoing, any permitted transfer of the Senior Note shall be to qualified investors only and in compliance with federal and state securities laws governing the offer, sale and resale of unregistered securities.

Appears in 5 contracts

Samples: Senior Secured Demand Note Purchase Agreement (Iron Bridge Mortgage Fund LLC), Note Purchase Agreement (Iron Bridge Mortgage Fund LLC), Note Purchase Agreement (Iron Bridge Mortgage Fund LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.