Common use of Investor Assignment Clause in Contracts

Investor Assignment. Except to the extent otherwise provided in this Section 6.3, the rights of any Investor under this Agreement may only be assigned to the transferee of Registrable Securities or to any Person if (a) such Person is a Qualifying Investor or a Person to whom, in the opinion of counsel to the Investor seeking to make such assignment, a transfer of the Registrable Securities would not constitute a violation of any federal or state securities law, and (b) such Person agrees to become a Party to, and bound by, all of the terms and conditions of, this Agreement. Upon transfer of Registrable Securities and rights in accordance with this Section 6.3.2, such Qualified Investor shall be deemed an “Investor” hereunder.

Appears in 4 contracts

Samples: Registration Rights Agreement (Symmetry Holdings Inc), Registration Rights Agreement (Symmetry Holdings Inc), Registration Rights Agreement (Symmetry Holdings Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.