Common use of Transferability of Registration Rights Clause in Contracts

Transferability of Registration Rights. The registration rights granted hereunder may be transferred by the Purchaser (i) with the prior written consent of the Company, or (ii) without the prior written consent of the Company in connection with the transfer of all or substantially all of the Shares; provided, however, that each transferee of registration rights shall be subject to the same obligations as the Purchaser, and provided, further, that if any of such transferees are Affiliates of the Purchaser, one entity (which may be the Purchaser) shall be designated by the Purchaser to act on behalf of the Purchaser and such Affiliates to give and receive all notices and other communications pursuant to this Section 8.

Transferability of Registration Rights. The registration -------------------------------------- rights granted hereunder may be transferred by the Purchaser (i) with the prior written consent of the Company, or (ii) without the prior written consent of the Company in connection with the transfer transfers of all or substantially all a material portion of the SharesShares to not more than four (4) transferees; provided, however, that each transferee of registration rights hereunder shall be subject to the same obligations as the Purchaser, and provided, further, that if any of such transferees are Affiliates of the Purchaser, one entity (which may be the Purchaser) shall be designated by the Purchaser to act on behalf of the Purchaser and such Affiliates to give and receive all notices and other communications pursuant to this Section 8.

Transferability of Registration Rights. The registration For all purposes of this -------------------------------------- Section 8, the rights granted hereunder may to the Purchasers shall be transferred to any assignee or transferee of the Shares or Registrable Shares who acquires such Shares or Registrable Shares from a Purchaser, in a transaction that is not pursuant to the registration statement described in Section 8.1, provided that the transferee provides written notice of such transfer to the Company and agrees to be bound by the Purchaser (i) with the prior written consent of the Company, or (ii) without the prior written consent of the Company in connection with the transfer of all or substantially all of the Shares; provided, however, that each transferee of registration rights shall be subject to the same obligations as the Purchaser, terms and provided, further, that if any of such transferees are Affiliates of the Purchaser, one entity (which may be the Purchaser) shall be designated by the Purchaser to act on behalf of the Purchaser and such Affiliates to give and receive all notices and other communications pursuant to this Section 8conditions set forth herein.