Common use of Obligations Binding Upon Transferees Clause in Contracts

Obligations Binding Upon Transferees. Any permitted transferee of Notes or any interest therein will receive and hold such Notes or interests subject to the provisions of this Section 10. Any such transferee shall agree in writing that the transferee shall hold the Notes subject to the provisions of this Section 10 and that no further transfers shall be made except as provided in this Section 10. (c)

Appears in 5 contracts

Sources: Subscription Agreement (DLP Positive Note Fund LLC), Subscription Agreement (DLP Positive Note Fund LLC), Subscription Agreement (DLP Positive Note Fund LLC)

Obligations Binding Upon Transferees. Any permitted transferee of Notes or any interest therein will receive and hold such Notes or interests subject to the provisions of this Section 10. Any such transferee shall agree in writing that the transferee shall hold the Notes subject to the provisions of this Section 10 and that no further transfers shall be made except as provided in this Section 10. (c).

Appears in 1 contract

Sources: Subscription Agreement (DLP Positive Fixed Returns Fund LLC)