Common use of TRANSFER; RESTRICTION ON TRANSFER AND LEGEND Clause in Contracts

TRANSFER; RESTRICTION ON TRANSFER AND LEGEND. (a) Subject to the provisions of Section 1.4(b) below, this Warrant shall be transferable, in whole or in part, at any time after the consummation date of the IPO (the "IPO Date"), without the consent of the Company, by notice from Warrantholder. The Company shall keep at its principal office a register in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration, transfer and exchange of this Warrant. The Company will not at any time, except upon the dissolution, liquidation or winding up of the Company, close such register so as to prevent or delay the exercise or transfer of this Warrant. (b) Neither this Warrant nor any of the Warrant Shares, nor any interest or participation in either, may be in any manner transferred or