Common use of Excepted Transfers Clause in Contracts

Excepted Transfers. Neither any restrictions of any legend described in this Warrant nor the requirements of Section 7.3 above shall apply to any transfer without any additional consideration of, or grant of a security interest in, this Warrant or any part hereof (i) to a partner of Holder if Holder is a partnership, (ii) by Holder to a partnership of which Holder is a general partner, or (iii) to any affiliate of Holder if Holder is a corporation; provided, however, in any such transfer, the transferee shall on the Company's request agree in writing to be bound by the terms of this Warrant as if an original signatory hereto.

Appears in 3 contracts

Samples: Exelixis Inc, Exelixis Inc, Exelixis Inc

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Excepted Transfers. Neither any restrictions of any legend described in this Warrant nor the requirements of Section 7.3 7(b) above shall apply to any transfer without any additional consideration of, or grant of a security interest in, this Warrant or any part hereof (i) to a partner of Holder the holder if Holder the holder is a partnership, (ii) by Holder the holder to a partnership of which Holder the holder is a general partner, or (iii) to any affiliate of Holder the holder if Holder the holder is a corporation; provided, however, in any such transfer, the transferee shall on the Company's request agree in writing to be bound by the terms of this Warrant as if an original signatory hereto.

Appears in 3 contracts

Samples: Combichem Inc, Medibuy Com Inc, Medibuy Com Inc

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Excepted Transfers. Neither any restrictions of any legend described in this Warrant nor the requirements of Section 7.3 above shall apply to any transfer without any additional consideration of, or grant of a security interest in, this Warrant or any part hereof (i) to a partner of Holder if Holder is a partnership, (ii) by Holder to a partnership of which Holder is a general partner, or (iii) to any affiliate of Holder if Holder is a corporation; providedPROVIDED, howeverHOWEVER, in any such transfer, the transferee shall on the Company's request agree in writing to be bound by the terms of this Warrant as if an original signatory hereto.

Appears in 2 contracts

Samples: Exelixis Inc, Exelixis Inc

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