Sounds to me like the license is fully transferable once the transfer is registered with centrafuse.
Licensee may not assign or transfer its rights and obligations under this Agreement without registration with Centrafuse and, unless the transfer is registered with Centrafuse, any purported assignment or transfer shall be null and void.
But this seems to concern only the software itself and not the licensing or usage rights of the software or license. Seems a bit confusing to me.
Licensee may not modify, adapt, translate, rent, or sublicense (including offering the Software to third parties on an applications service provider or time-sharing basis), assign, give away, loan, resell for profit, or distribute the Software, the Media, or related materials or create derivative works based upon the Software or any part thereof.