State Acts definition

State Acts means the state associations incorporation legislation (by whatever name called) governing the Members, including the Act.
State Acts has the meaning given to it in the Legend.
State Acts means any applicable state securities laws or Blue Sky laws.

Examples of State Acts in a sentence

  • Consequently, in addition to any and all other restrictions on transferability set forth herein, the LLC Interests may not be sold, assigned, pledged, hypothecated or otherwise disposed of or Transferred, except in accordance with the provisions of the 1933 Act and the State Acts.

  • The Investor will not transfer any of the Shares unless such transfer is registered or exempt from registration under the Securities Act and such State Acts, and, if requested by the Company in the case of an exempt transaction, the Investor has furnished an opinion of counsel reasonably satisfactory to the Company that such transfer is so exempt.

  • Or otherwise transferred for value directly or indirectly, in the absence of an effective registration statement under the Act and compliance with applicable State Acts, or pursuant to an exemption from registration under the Act and under applicable State Acts, the availability of which are established by means of an opinion to such effect.

  • Such shares shall also be restricted by applicable State Acts and by the provisions of Section 9 hereof.

  • Seller has made no agreement, covenant or undertaking whatsoever to register or qualify the transfer by Buyer of any of the Shares under the Act or State Acts or qualify for an exemption therefor.


More Definitions of State Acts

State Acts is defined in Section 2.5.
State Acts means the Member States incorporation legislation (by whatever name called) governing the Members, including the Act.
State Acts has the meaning assigned to such term on the cover page hereof.
State Acts shall have the meaning set forth in the legend preceding Article I.
State Acts means the Associations Incorporation legislation in each state or territory of Australia (by whatever name called), governing an Original Member or Associate Member.
State Acts. The securities laws of the State or any other jurisdiction.
State Acts means the applicable securities or "blue sky" laws of the States of the United States, as amended, and the rules and regulations thereunder, all as the same shall be in effect at the time.