Common use of Holders Rights Clause in Contracts

Holders Rights. This Warrant shall not entitle the holder hereof to any rights of a holder of Shares of the Company, except that should the Company, during the period in which this Warrant is exercisable, make a distribution in respect of the Shares payable otherwise than in cash out of earnings or earned surplus (computed in accordance with generally accepted accounting principles) or otherwise than in Shares or securities convertible into Shares, then, thereafter, the holder hereof, upon exercise of this Warrant, shall receive the number of Shares purchasable upon such exercise and, in addition and without further payment, the cash, stock or other securities and/or other property which the holder hereof would have received by way of distribution (otherwise than in cash out of such earnings or earned surplus or in Shares or securities convertible into Shares) in respect of the Shares as if, continuously since the date hereof, such holder (a) had been the record holder of the number of Shares then being purchased, and (b) had retained all such cash, stock and other securities (other than Shares or securities convertible into Shares) and/or other property payable in respect of such Shares or in respect of any securities paid as dividends and originating directly or indirectly from such Shares.

Holders Rights. This Except as otherwise expressly set forth herein, this Warrant Agreement shall not entitle the holder hereof Holder to any rights of a holder of Shares shareholder of the Company, except that should if the Company, during the period in which this Warrant is the Warrants are exercisable, make declares a distribution in respect of the dividend upon its Ordinary Shares payable otherwise other than in cash out of earnings or earned surplus (computed in accordance with generally accepted accounting principles) or otherwise other than in Ordinary Shares or securities convertible into Ordinary Shares, then, thereafter, then the holder hereofHolder, upon exercise of this a Warrant, shall receive the number of Ordinary Shares purchasable upon such exercise and, in addition and without further payment, the cash, stock or other securities and/or other or property which the holder hereof Holder would have received by way of dividend or other distribution (otherwise than in cash out of such earnings or earned surplus or in Shares or securities convertible into Shares) in respect of the Shares as if, continuously since the date hereof, such holder Holder: (a) had been the record holder of the number of Ordinary Shares then being purchased, and (b) had retained all such cash, stock and other securities (other than Ordinary Shares or securities convertible into Ordinary Shares) and/or other property payable in respect of such Ordinary Shares or in respect of any stock or securities paid as dividends and originating directly or indirectly from such Ordinary Shares.

Holders Rights. This Warrant shall not entitle the holder hereof to any rights of a holder of Shares of the Company, except that should the Company, during the period in which this Warrant is exercisable, make a distribution in respect of the Shares payable otherwise than in cash out of earnings or earned surplus (computed in accordance with generally accepted accounting principles) or otherwise than in Shares or securities convertible into Shares, then, thereafter, the holder hereof, upon exercise of this Warrant, shall receive the number of Shares purchasable upon such exercise and, in addition and without further payment, the cash, stock or other securities and/or other property which the holder hereof would have received by way of distribution (otherwise than in cash out of such earnings or earned surplus or in Shares or securities convertible into Shares) in respect of the Shares as if, continuously since the date hereof, such holder (a) had been the record holder of the number of Shares then being purchased, and (b) had retained all such cash, stock and other securities (other than Shares or securities convertible into Shares) and/or and/ or other property payable in respect of such Shares or in respect of any securities paid as dividends and originating directly or indirectly from such Shares.