Common use of Assignment of Rights to Financial Information Clause in Contracts

Assignment of Rights to Financial Information. The rights granted pursuant to Section 2.1 and Section 2.3 may be assigned by the Stockholders (or by any permitted transferee of any such rights) so long as (i) the Company is given notice of any such assignment within a reasonable time after the date the same is effected, (ii) the transferee shall have acquired Registrable Securities (including shares of Designated Preferred prior to conversion into Registrable Securities) in a private transaction, and (iii) the transferee is not engaged in a business that is competitive with the Company.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Aurora Biosciences Corp), Investors' Rights Agreement (Aurora Biosciences Corp), Investors' Rights Agreement (Aurora Biosciences Corp)

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Assignment of Rights to Financial Information. The rights granted pursuant to Section 2.1 and Section 2.3 may be assigned by the Stockholders Shareholders (or by any permitted transferee of any such rights) so long as (i) the Company is given notice of any such assignment within a reasonable time after the date the same is effected, effected and (ii) the transferee shall have acquired Registrable Securities (including shares of Designated Preferred prior to conversion into Registrable Securities) in a private transaction, and (iii) the transferee is not engaged in a business that is competitive with the Company.

Appears in 1 contract

Samples: Investors' Rights Agreement (Continuus Software Corp /Ca)

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