Assignable Rights. The rights with respect to the Registrable Securities under this Section 4 shall, in addition for the benefit of the parties hereto, be for the benefit of and enforceable by an transferee of the Registrable Securities. The obligations of the Company contained in this Section 4 shall be binding upon any successor to the Company and continue to be in effect with respect to any securities issued by any successor to the Company in substitution or exchange for any Registrable Securities.
Appears in 3 contracts
Samples: Subscription Agreement (Mdu Communications International Inc), Subscription Agreement (Mdu Communications International Inc), Subscription Agreement (Mdu Communications International Inc)
Assignable Rights. The rights with respect to the Registrable Securities under this Section 4 shall, in addition to being for the benefit of the parties hereto, be for the benefit of and enforceable by an a transferee of the Registrable Securities. The obligations of the Company contained in this Section 4 shall be binding upon any successor to the Company and continue to be in effect with respect to any securities issued by any successor to the Company in substitution or exchange for any Registrable Securities.
Appears in 1 contract
Samples: Subscription Agreement (Mdu Communications International Inc)