Common use of TRANSFER TO ANOTHER REGISTRAR Clause in Contracts

TRANSFER TO ANOTHER REGISTRAR. The Contractees acknowledge and agree that during the first 60 days after initial registration of the SLD, the Contractees will not be able to transfer the SLD to another Registrar. The Contractees agree to provide authorization to Directi for the transfer of the SLD to another Registrar. Directi, in its sole discretion will determine, if such authorization is adequate. The Contractees request to transfer to another registrar may be denied in situations described in this Agreement including, but not limited to: a dispute over the identity of the domain name holder; bankruptcy; and default in the payment of any fees.