Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated by a Warrantholder until __________________, 2000, except to (i) one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (ii) a general partnership or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (iii) a successor to the Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the Warrantholder's assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.
Limitations on Transfer of the Warrants. Subject to the provisions of Section 11, the Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder except to (i) one or more persons, each of whom on the date of transfer is a member of the transferring Warrantholder; (ii) a shareholder, officer or employee of Warrantholder or of any member of Warrantholder or a member of the immediate family of, or a trust formed for the benefit of, any of such persons, (iii) Tamarix Investors, LDC, a Cayman Islands limited duration company and any member thereof, and (iv) such other transferees as shall be consented to by the Company, which consent shall not be unreasonably withheld. The Warrants may be divided or combined, upon request to the Company by the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Unless the context indicates otherwise, the terms "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.
Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated by a Warrantholder until one year after the effective date of the registration statement filed in connection with the Public Offering, except to (i) one or more persons, each of whom on the date of transfer is an officer of any of the Warrantholders; (ii) a general partnership or general partnerships, the general partners of which are any of the Warrantholders and one or more persons, each of whom on the date of transfer is an officer of any of the Warrantholders; (iii) a successor to a Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of a Warrantholder's assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those
Limitations on Transfer of the Warrants. Subject to the provisions of Section 11 of this Agreement, the Warrants shall not be sold, assigned, hypothecated or otherwise transferred, except to: (i) one or more persons, each of whom on the date of transfer is an officer of Sunrise; (ii) a general partnership or general partnerships, all the general partners in which are Sunrise or controlling persons of Sunrise and one or more persons, each of whom on the date of transfer is an officer of Sunrise; (iii) a successor to Sunrise by merger or consolidation; or (iv) a purchaser of all or substantially all of Sunrise's assets. The term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.
Limitations on Transfer of the Warrants. The Warrants may not be sold, transferred, or otherwise disposed of by the Warrantholders in the absence of registration of the Warrant under the Securities Act of 1933, as amended (the "Securities Act"), and state securities laws, or an exemption therefrom. A Warrant shall be divided or combined, upon request to the Company, by the Warrantholder, into a certificate or certificates representing the right to purchase the same, aggregate number of Shares purchasable under the Warrant. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the
Limitations on Transfer of the Warrants. Subject to the provisions of Section 11 of this Agreement, the Warrants shall not be sold, assigned, hypothecated or otherwise transferred except to any person acquiring the Warrants upon the death of a Warrantholder by will or the laws of descent and distribution. The term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.
Limitations on Transfer of the Warrants. The Warrantholder agrees that prior to making any transfer or disposition of the Warrants or the shares purchasable upon exercise of the Warrants (the "Shares") or any interest therein, the Warrantholder shall give written notice to the Company describing briefly the manner in which any such proposed transfer or disposition is to be made together with an opinion of counsel, in form and substance satisfactory to the Company, to the effect that: (i) a registration statement or other notification or post-effective amendment thereto (hereinafter collectively a "Registration Statement") under the Securities Act of 1933, as amended (the "Act") is not required with respect to such transfer or disposition or that such a Registration Statement has been filed with, and declared effective, if necessary, by, the Securities and Exchange Commission (the "Commission"), or (ii) all requirements under any federal, state or foreign securities laws have been satisfied or fulfilled such as to permit the proposed transfer or disposition lawfully pursuant to all such laws. Except as provided in Section 11 hereof, the Company shall not be required to cause the Warrants or the Shares to be registered under any securities laws. The Company will, however, respond to reasonable requests from the Warrantholder for assistance in connection with the perfection or qualification of any exemption from registration under applicable securities laws; provided that the Warrantholder pays or reimburses the Company for its costs and expenses incurred in connection therewith. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.
Limitations on Transfer of the Warrants. The Warrantholder agrees that prior to making any transfer or disposition of the Warrants or the shares purchasable upon exercise of the Warrants (the "Shares") or any interest therein, the Warrantholder shall give written notice to the Company describing briefly the manner in which any such proposed transfer or disposition is to be made together with an opinion of counsel, in form and substance satisfactory to the Company, to the effect that: (i) a registration statement or other notification or post-effective amendment
Limitations on Transfer of the Warrants. The Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder until November 24, 1998, except to (i) one or more persons, each of whom on the date of transfer is a shareholder of the Warrantholder; (ii) a successor to the Warrantholder in merger or consolidation; (iii) a purchaser of all or substantially all of the Warrantholder's assets; or (iv) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Units. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.
Limitations on Transfer of the Warrants. Warrants shall not be sold, transferred, assigned or hypothecated by the Representative, except that Warrants may be transferred (i) to one or more officers or partners of the Representative, and after 9:00 a.m. Pacific time on September 11, 1997 to employees of the Representative; (ii) to a purchaser of all or substantially all of the assets of a Warrantholder; or (iii) by will, pursuant to the laws of descent or distribution or by operation of law. The Warrants may be divided or combined, upon
