Common use of Transfers of Certain Rights Clause in Contracts

Transfers of Certain Rights. Except as otherwise provided for in Section 8 hereof, the rights granted to an Investor in this Agreement may be transferred by the Investor to a Qualified Buyer or a Permitted Transferee, and by such transferee to a subsequent Qualified Buyer or Permitted Transferee. Any Permitted Transferee or Qualified Buyer to whom rights under this Agreement are transferred shall (a) as a condition to such transfer, deliver to the Company a written instrument by which such Permitted Transferee or Qualified Buyer agrees to be bound by the obligations imposed upon the Investor under this Agreement to the same extent as if she, he or it were an Investor under this Agreement and (b) be deemed to be an investor hereunder.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Exa Corp)

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Transfers of Certain Rights. Except as otherwise provided for in Section 8 hereof, the The rights granted to an the Investor in this Agreement may be transferred by the Investor to a Qualified Buyer or a Permitted Transferee, and by such transferee to a subsequent Qualified Buyer or Permitted Transferee, but only if such rights are transferred in connection with the sale or other transfer of Shares, Conversion Shares or Warrant Shares. Any Permitted Transferee or Qualified Buyer to whom rights under this Agreement are transferred shall (a) as a condition to such transfer, deliver to the Company a written instrument by which such Permitted Transferee or Qualified Buyer agrees to be bound by the obligations imposed upon the Investor under this Agreement to the same extent as if she, he or it were an Investor under this Agreement and (b) be deemed to be an investor Investor hereunder.

Appears in 1 contract

Samples: Series a Preferred Stock And (Exa Corp)

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Transfers of Certain Rights. Except as otherwise provided for in Section 8 hereof, the rights granted to an Investor in this Agreement may be transferred by the Investor to a Qualified Buyer or a Permitted Transferee, and by such transferee to a subsequent Qualified Buyer or Permitted Transferee. Any Permitted Transferee or Qualified Buyer to whom rights under this Agreement are transferred shall (a) as a condition to such transfer, deliver to the Company a written instrument by which such Permitted Transferee or Qualified Buyer agrees to be bound by the obligations imposed upon the Investor under this Agreement to the same extent as if she, he or it were an Investor under this Agreement and (b) be deemed to be an investor Investor hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Exa Corp)

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