Common use of Rights of Transferees Clause in Contracts

Rights of Transferees. Subject to compliance with Section 3, the rights granted to the Holder hereunder of this Warrant shall pass to and inure to the benefit of all subsequent transferees of all or any portion of the Warrant (provided that the Holder and any transferee shall hold such rights in proportion to their respective ownership of the Warrant and Warrant Shares) until extinguished pursuant to the terms hereof.

Appears in 6 contracts

Samples: Palatin Technologies Inc, Convertible Note Purchase Agreement (Sellers Capital LLC), Palatin Technologies Inc

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Rights of Transferees. Subject to compliance with Section 34, the rights granted to the Holder hereunder of this Warrant shall pass to and inure to the benefit of all subsequent transferees of all or any portion of the Warrant (provided that the Holder and any transferee shall hold such rights in proportion to their respective ownership of the Warrant and Warrant Shares) until extinguished pursuant to the terms hereof.

Appears in 1 contract

Samples: Manhattan Pharmaceuticals Inc

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