Common use of Transfer to Affiliates Clause in Contracts

Transfer to Affiliates. Notwithstanding the provisions of Section 3.1(f) above, no registration statement or opinion of counsel shall be necessary for a transfer by Schering of the Shares to a subsidiary, shareholder or affiliate of Schering, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were Schering hereunder.

Transfer to Affiliates. Notwithstanding the provisions of Section 3.1(f) above, no registration statement or opinion of counsel shall be necessary for a transfer by Schering of the Shares to a subsidiary, shareholder or affiliate of Schering, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were Schering hereunder.. (b)