Common use of Transfer Prohibition Clause in Contracts

Transfer Prohibition. Neither this Warrant nor any rights hereunder may be sold, exchanged, conveyed, assigned, given, pledged, hypothecated or otherwise transferred by the Warrantholder to any person or entity other than a person or entity directly or indirectly controlled by, in control of, or under common control with the Warrantholder.

Appears in 2 contracts

Sources: Warrant Agreement (Vodavi Technology Inc), Common Stock Purchase Warrant (Action Performance Companies Inc)

Transfer Prohibition. Neither this Warrant nor any rights hereunder may be sold, exchanged, conveyed, assigned, given, pledged, hypothecated or otherwise transferred by the Warrantholder to any person or entity other than a person or entity directly or indirectly controlled by, in control of, or under common control with the Warrantholder.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Bionutrics Inc)