Common use of Transfer or Assignment of Rights Clause in Contracts

Transfer or Assignment of Rights. The benefits to the Holder hereunder may be transferred or assigned by a Holder to a transferee or assignee of any of the Restricted Securities, provided that the Company is given written notice prior to the time that such right is exercised, stating the name and address of said transferee or assignee and identifying the securities with respect to which such registration rights are being transferred or assigned; provided further that the transferee or assignee of such rights assumes in writing the obligations of the Holder under this Agreement.

Appears in 11 contracts

Samples: Registration Rights Agreement (Mfic Corp), Registration Rights Agreement (Home Director Inc), Socket Communications Inc

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