16 December 2011

Question. Will ICANN consider the transfer of the registry, by assignment or stock sale, from one wholly-owned subsidiary to another wholly-owned subsidiary of the same corporate parent be considered an "assignment" under Section 7.5 of the Registry Agreement so as to require ICANN approval?

Answer. Yes, ICANN a transfer of the registry from the entity that submitted an application to any other entity would be an “assignment” under Section 7.5.

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