Common use of Holder Not Deemed a Stockholder Clause in Contracts

Holder Not Deemed a Stockholder. Unless and until the Holder has provided a Notice of Conversion to the Company in accordance with Section 10 hereof, no Holder, as such, of this Note shall be entitled to vote or receive dividends or be deemed the holder of shares of the Company for any purpose, nor shall anything contained in this Note be construed to confer upon the Holder hereof, as such, any of the rights at law of a stockholder of the Company.

Appears in 2 contracts

Samples: Subordination Agreement (1847 Holdings LLC), Subordination Agreement (1847 Holdings LLC)

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Holder Not Deemed a Stockholder. Unless and until the Holder has provided a Notice of Conversion to the Company in accordance with Section 10 hereof, no No Holder, as such, of this Note shall be entitled to vote or receive dividends or be deemed the holder of shares of the Company Maker for any purpose, nor shall anything contained in this Note be construed to confer upon the Holder hereof, as such, any of the rights at law of a stockholder of the CompanyMaker.

Appears in 2 contracts

Samples: Promissory Note (1847 Holdings LLC), Subordinated Amortizing Promissory Note (1847 Holdings LLC)

Holder Not Deemed a Stockholder. Unless and until the The Holder has provided a Notice of Conversion to the Company in accordance with Section 10 hereof, no Holder, as such, of this Note shall not be entitled to vote or receive dividends or be deemed the holder of shares of the Company for any purpose, nor shall anything contained in this Note be construed to confer upon the Holder hereof, as such, any of the rights at law of a stockholder of the CompanyCompany prior to the issuance to the Holder of the shares of Common Stock which the Holder is then entitled to receive upon the due conversion of this Note.

Appears in 1 contract

Samples: Convertible Promissory Note (Latin America Ventures, Inc.)

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Holder Not Deemed a Stockholder. Unless and until the Holder has provided a Notice of Conversion to the Company in accordance with Section 10 hereof, no The Holder, as such, a holder of this Note Note, shall not be entitled to vote or receive dividends or be deemed the holder of shares of the Company for any purpose, nor shall anything contained in this Note be construed to confer upon the Holder hereof, as such, any of the rights at law of a stockholder of the CompanyCompany prior to the issuance to the Holder of the shares of Common Stock or Series C Preferred Stock which the Holder is then entitled to receive upon the due conversion of this Note.

Appears in 1 contract

Samples: 8% Convertible Notes Amendment (International Isotopes Inc)

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