Common use of Transfer to Affiliates Clause in Contracts

Transfer to Affiliates. Notwithstanding any other provision of this Article IV to the contrary, no registration statement or opinion of counsel shall be required for a transfer of the Securities by a Purchaser to an Affiliate of such Purchaser so long as the transferee of such Securities is an “accredited investor” and agrees to be subject to the terms hereof to the same extent as transferor in its capacity as a Purchaser herein.

Transfer to Affiliates. Notwithstanding any other provision of this Article IV to the contrary, no registration statement or opinion of counsel shall be required for a transfer of the Securities Shares by a the Purchaser to an Affiliate of such the Purchaser so long as the transferee of such Securities Shares is an “accredited investor” and agrees to be subject to the terms hereof to the same extent as transferor in its capacity as a Purchaser herein.

Transfer to Affiliates. Notwithstanding any other provision of this Article IV to the contrary, no registration statement or opinion of counsel shall be required for a transfer of the Securities Shares by a Purchaser to an Affiliate affiliate of such Purchaser so long as the transferee of such Securities Shares is an “accredited investor” and agrees to be subject to the terms hereof to the same extent as the transferor in its capacity as a Purchaser hereinhereunder.