NO ASSIGNMENT OF REGISTRATION RIGHTS. The rights to cause the Company to register Registrable Securities pursuant to this Section 5 may only be assigned by a Holder to a transferee or assignee of any Registrable Securities if (i) such transferee or assignee is a ▇▇▇▇ Contracting Party and (ii) immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the Act.
Appears in 2 contracts
Sources: Standstill Agreement (Chart House Investors LLC), Standstill Agreement (Chart House Enterprises Inc)
NO ASSIGNMENT OF REGISTRATION RIGHTS. The rights to cause ------------------------------------ the Company to register Registrable Securities pursuant to this Section 5 may only be assigned by a Holder to a transferee or assignee of any Registrable Securities if (i) such transferee or assignee is a ▇▇▇▇ Contracting Party and (ii) immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the Act.
Appears in 1 contract
NO ASSIGNMENT OF REGISTRATION RIGHTS. The rights to cause the Company to register Registrable Securities pursuant to this Section 5 may only be assigned by a Holder to a transferee or assignee of any Registrable Securities if (i) such transferee or assignee is a ▇▇▇▇ Contracting Party member of the Chatsworth Group and (ii) immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the Act.
Appears in 1 contract
Sources: Standstill Agreement (American Access Technologies Inc)