Common use of Transfers prior to Detachment Clause in Contracts

Transfers prior to Detachment. Prior to the Detachment Date, the Outstanding Redeemable Warrants may be transferred or exchanged only together with the Unit in which such Outstanding Redeemable Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such Unit. Furthermore, each transfer of a Unit on the register relating to such Units shall operate also to transfer the Outstanding Redeemable Warrants included in such Unit. Notwithstanding the foregoing, the provisions of this Section 5.7 shall have no effect on any transfer of Outstanding Redeemable Warrants on or after the Detachment Date.