Restrictions on Transfer and Division. No division, assignment or transfer of the rights of a Warrantholder under a Warrant shall be effective with respect to other than whole shares of Common Stock, unless such assignment or transfer is of all of the rights of such Warrantholder under such Warrant.
Restrictions on Transfer and Division. No division, assignment or transfer of the rights of a Warrantholder under a Warrant shall be effective with respect to other than whole shares of Common Stock, unless such assignment or transfer is of all of the rights of such Warrantholder under such Warrant; provided, however, that if this Warrant is originally exercisable with respect to a number of shares of Common Stock that includes a fractional share, this Warrant may be divided such that such fractional share, together with one or more whole shares, may be acquired by the exercise of a Warrant resulting from such division; and provided further, that any transfer of this Warrant to any other person prior to the date which is 12 months after the date hereof shall be subject to the approval of the Company. The terms of this Warrant shall be binding upon the successors and assigns of the holder hereof.
Restrictions on Transfer and Division. This Warrant, and any Warrants resulting from the division, transfer or combination of this Warrant, and the rights of a Warrantholder hereunder or thereunder, and any shares of Common Stock acquired by the exercise hereof or thereof, may not be assigned or transferred to such persons as are determined in good faith by the Company to be competitors of the Company. Such restriction shall not apply following a public offering of Common Stock. No division, assignment or transfer of the rights of a Warrantholder under a Warrant shall be effective with respect to other than whole shares of Common Stock, unless such assignment or transfer is of all of the rights of such Warrantholder under such Warrant; provided, however, that if this Warrant is originally exercisable with respect to a number of shares of Common Stock that includes a fractional share, this Warrant may be divided such that such fractional share, together with one or more whole shares, may be acquired by the exercise of a Warrant resulting from such division. The term "competitor" shall mean (i) any person (other than DTI) providing telecommunications or fiber optic transmission services, (ii) any utility Company, (iii) KLT Inc. and (iv) any Affiliate, director, officer, member or partner of any of the foregoing.
Restrictions on Transfer and Division. This Warrant, and any Warrants resulting from the division, transfer or combination of this Warrant, and the rights of a Holder hereunder or thereunder, and any shares of Common Stock acquired by the exercise hereof or thereof, may not be assigned or transferred to such persons as are determined in good faith by the Company and notified to the Holders from time to time to be Competitors of the Company. Such restriction shall not apply following the earlier of (i) a public offering of Common Stock (ii) the failure of the Company to exercise the right of first offer granted by the Holder pursuant to Article VII and (iii) the date this Warrant or the Common Stock issued upon exercise hereof ceases to be a Registrable Security. No division, assignment or transfer of the rights of a Holder under a Warrant shall be effective with respect to other than whole shares of Common Stock, unless such assignment or transfer is of all of the rights of such Holder under such Warrant; provided, however that if this Warrant is originally exercisable with respect to a number of shares of Common Stock that includes a fractional share, this Warrant may be divided such that such fractional share, together with one or more whole shares, may be acquired by the exercise of a Warrant resulting from such division. The term "Competitor" shall mean any person or any company (or any affiliate of either) engaged in the payday loans business or any consumer finance or check cashing business.
