Assignment of Purchase Rights. The Company may assign, in whole ----------------------------- or part, its right to purchase the Shares under this Agreement to a designee(s).
Assignment of Purchase Rights. The Company shall have the right to assign the Right of First Refusal to such person or persons as it may select.
Assignment of Purchase Rights. Notwithstanding any statement in Section 2.1 to the contrary, each of Caduceus Private Investments III, LP (“Caduceus”), OrbiMed Associates III, LP (“OrbiMed Associates”) and Caduceus Asia Partners, LP (“Caduceus Asia” and together with Caduceus and OrbiMed Associates, the “OrbiMed Purchasers”) may assign its right to purchase the Shares to one or more of its Affiliates at any time on or after the date of this Agreement and prior to the Closing Date. Any assignment of the OrbiMed Purchasers’ purchase rights to one or more of their respective Affiliates shall be conditioned upon such Affiliate or Affiliates becoming a party hereto by executing a counterpart signature page hereto and satisfying the covenants and conditions set forth in Sections 2.4 and 2.5.
Assignment of Purchase Rights. In the event that the Company obtains a right to purchase shares of its capital stock held by Environmental Defense Fund or its affiliates in connection with a proposed transfer of such shares, and the Company does not intend to exercise such right in full, then the Company shall, in a timely manner, notify each Preferred Holder who holds shares of Series C Preferred Stock (the "Series C Holders") of such fact and assign such right to the Series C Holders pro rata based on the number of shares of Series C Preferred Stock held by such Series C Holders, with a full oversubscription right such that any shares not subscribed for by any Series C Holders shall be available for purchase by the Series C Holders exercising such rights in full.
Assignment of Purchase Rights. Each Buyer shall have the right to assign its right to acquire its pro rata share of the Seller’s Units, in whole or in part, under this Article Fourteen to any other Person; provided, however, that no Buyer may assign any of its obligations under this Article Fourteen and shall continue to be fully-obligated to satisfy (or cause its assignee to satisfy) all of its obligations hereunder; and provided further that if NHI and GAHR4 shall both be Buyers, GAHR4 shall not have any right to assign its rights to acquire any of Seller’s Units and GAHR4 shall be required to purchase its pro rata share of the Seller’s Units in its own name and for its own account.
Assignment of Purchase Rights. Notwithstanding any statement in Section 2.1 to the contrary, each Purchaser may assign its right to purchase the Notes to one or more of its Affiliates at any time on or after the date of this Agreement and prior to the Closing Date. Any assignment of a Purchaser’s purchase rights to one or more of its respective Affiliates shall be conditioned upon such Affiliate or Affiliates becoming a party hereto by executing a counterpart signature page hereto and satisfying the covenants and conditions set forth in Sections 2.5 and 2.6.
Assignment of Purchase Rights. The Buyer shall have the right to assign its right to acquire the Seller’s Units, in whole or in part, under this Article Fourteen to any other Person; provided, however, that the Buyer may not assign any of its obligations under this Article Fourteen and shall continue to be fully-obligated to satisfy (or cause its assignee to satisfy) all of its obligations hereunder.
Assignment of Purchase Rights. In consideration for the payments by the Purchaser specified in Section 2.2 and Section 2.3 below, and other good and valuable consideration set forth in this Agreement, the Company hereby assigns to the Purchaser the Company’s option to purchase the production payment provided for in Section 1.2 of the Restructuring Agreement, as amended by the provisions of this Agreement. The Company shall duly execute a written Notice of Assignment in substantially similar form and substance as the Notice of Assignment attached hereto as Schedule 2.1.
Assignment of Purchase Rights. The Company, by action of its Board of Directors, may assign its rights to purchase Shares pursuant to Section 2.1(c) and/or Section 2.1(d) to one or more Stockholders or members of management of the Company or any of its Subsidiaries.
Assignment of Purchase Rights. The Purchaser may, in its sole discretion, assign its rights to purchase the Securities hereunder, except that it may not under any circumstances assign the right to any officer or director of the Company or any person or entity that is the beneficial owner of 5% or more of the outstanding shares of Common Stock as reported on the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1997 or, to the Purchaser's knowledge, an affiliate or, in the case of individuals, relative thereof, provided that the assignee shall agree in writing to assume all Purchaser's obligations hereunder.
