CMDF and VenGrowth Rights and Obligations Sample Clauses

CMDF and VenGrowth Rights and Obligations. The Corporation shall not, and the parties hereto agree that the Corporation shall not, take any action in respect of which the prior consent, approval or request of those persons holding a specified percentage or proportion of shares of Common Stock and/or any or all series of Preferred Stock issued and outstanding or a specified percentage or proportion of the voting power of shares of Common Stock and/or any or all series of Preferred Stock issued and outstanding (in either case whether the shares of Common Stock and/or any or all series of Preferred Stock are voting, consenting, approving or requesting together as a single class or are voting, consenting, approving or requesting separately by class or series), is required (i) by the Certificate, (ii) under this Agreement, (iii) under the Series C Stock Purchase Agreement, or (iv) under any applicable law, unless, in each case, (x) the Corporation provides each Canadian Investor with not less than ten (10) days prior notice with respect to the consent, approval or request sought or the action to be taken, and (y) such consent, approval or request is given by persons (including, without limitation, Canadian Investors, if required) holding shares of Preferred Stock and/or Common Stock issued and outstanding (after giving effect to the provisions the next sentence) at the time such consent, approval or request is sought that represent such specified percentage or proportion. Solely for purposes of this Section 2, all of the preferred shares of ABI Canada that are outstanding shall be deemed to have been put for shares of Preferred Stock or Common Stock, as the case may be, pursuant to the Put and Support Agreement, and such shares of Preferred Stock or Common Stock shall be deemed to be issued and outstanding, immediately prior to the effectiveness of any consent, approval or request subject to this Section 2.1.
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Related to CMDF and VenGrowth Rights and Obligations

  • Other Rights and Obligations 1. The Entrustor shall transfer the entrusted funds into its account for entrustment loans on a timely basis. The Lender will not commence disbursement procedures in accordance with the entrustment loan agreement and the loan contract etc. until the entrusted funds of the Entrustor have been deposited into its account for entrustment loans.

  • Parties' Rights and Obligations If during the Term there is any Taking of all or any part of the Leased Property or any interest in this Lease by Condemnation, the rights and obligations of the parties shall be determined by this Article XV.

  • Rights and Obligations of Both Parties 5.1 Party A’s rights and Obligations

  • Additional Rights and Obligations If the Company issues securities in its next equity financing (other than a transaction with a strategic partner that involves a financing) within 180 days after the date hereof (the “Next Financing”) that (a) have rights, preferences or privileges that are more favorable than the terms of the Securities, such as price-based anti-dilution protection, or (b) provide all such future investors other contractual terms such as registration rights, the Company shall provide substantially equivalent rights to the Subscriber with respect to the Securities (with appropriate adjustment for economic terms or other contractual rights), subject to such Subscriber’s execution of any documents, including, if applicable, investor rights, co-sale, voting, and other agreements, executed by the investors purchasing securities in the Next Financing (such documents, the “Next Financing Documents”). Notwithstanding anything herein to the contrary, upon the execution and delivery of the Next Financing Documents by Subscriber holding a majority of the then-outstanding Securities, this Subscription Agreement (excluding any then-existing and outstanding obligations) shall be amended and restated by and into such Next Financing Documents and shall be terminated and of no further force or effect.

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

  • Rights and Obligations Except as expressly set forth in this Agreement, no Member, in its capacity as a Member, will have any right, power or authority to transact any business in the name of the Series, participate in the management of the Series or to act for or on behalf of or to bind the Series. A Member will have no rights other than those specifically provided herein or granted by law. Except as required by the Act, no Member, solely by reason of being a member, shall be liable for the debts, liabilities, obligations or expenses of the Series.

  • Rights and Obligations of the Parties 2.1 During the term of this Agreement, Party A’s rights and obligations include:

  • Party B’s Rights and Obligations 1. Party B’s rights

  • Rights and Obligations of Party B 1. Party B’s Rights

  • Continuing Rights and Obligations After the satisfaction and discharge of this Indenture, this Indenture will continue for (i) rights of registration of transfer and exchange, (ii) replacement of mutilated, destroyed, lost or stolen Notes, (iii) the rights of the Noteholders to receive payments of principal of and interest on the Notes, (iv) the obligations of the Indenture Trustee and any Note Paying Agent under Section 3.3, (v) the rights, obligations and immunities of the Indenture Trustee under this Indenture and (vi) the rights of the Secured Parties as beneficiaries of this Indenture in the property deposited with the Indenture Trustee payable to them for a period of two years after the satisfaction and discharge.

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