Common use of Assignability of Registration Rights Clause in Contracts

Assignability of Registration Rights. The Registration rights set forth in Section 2 are assignable only to assignees acquiring all of a Holder's Registrable Shares held at the time of assignment. Provided further that the Company shall not be obligated to file any post-effective amendment to the Registration Statement solely for the purpose of adding such assignee(s) to the Registration Statement more than once during any consecutive six-month period.

Assignability of Registration Rights. The Registration rights set forth in Section 2 are assignable only to assignees acquiring all of a Holder's ’s Registrable Shares held at the time of assignment. Provided further that the Company shall not be obligated to file any post-effective amendment to the Registration Statement solely for the purpose of adding such assignee(s) to the Registration Statement more than once during any consecutive six-month period.