Common use of No Claim, Loan or Ownership Interest Clause in Contracts

No Claim, Loan or Ownership Interest. Except as otherwise expressly set forth herein, the purchase of Tokens: (a) does not provide Purchaser with rights of any form with respect to the Company or its revenues or assets, including, without limitation, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property) or other financial or legal rights; (b) is not a loan to Company; and (c) does not provide Purchaser with any ownership, equity, or other interest in the Company.

Appears in 15 contracts

Samples: Token Purchase Agreement, Token Purchase Agreement (INX LTD), Token Purchase Agreement (INX LTD)

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No Claim, Loan or Ownership Interest. Except as otherwise expressly set forth herein, the The purchase of Tokens: Tokens (ai) does not provide Purchaser with rights of any form with respect to the Company or its revenues or assets, including, without limitationbut not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property) ), or other financial or legal rights; (bii) is not a loan to Company; and (ciii) does not provide Purchaser with any ownership, equity, ownership or other interest in the Company.

Appears in 7 contracts

Samples: Simple Agreement for Future Tokens, Simple Agreement for Future Tokens (Saft), Simple Agreement for Future Tokens (Saft) (Blockstack Inc.)

No Claim, Loan or Ownership Interest. Except as otherwise expressly set forth herein, the The purchase of Stacks Tokens: (a) does not provide Purchaser with rights of any form with respect to the Company or its revenues or assets, including, without limitationbut not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property) ), or other financial or legal rights; (b) is not a loan to Company; and (c) does not provide Purchaser with any ownership, equity, ownership or other interest in the Company.

Appears in 2 contracts

Samples: Token Purchase Agreement (Blockstack Inc.), Token Purchase Agreement (Blockstack Token LLC)

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No Claim, Loan or Ownership Interest. Except as otherwise expressly set forth herein, the The purchase of and ownership of Tokens: (a) does not provide Purchaser Buyer with rights of any form with respect to the Company or its revenues or assets, including, without limitationbut not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property) ), or other financial or legal rights; (b) is not a loan to Company; and (c) does not provide Purchaser Buyer with any ownership, equity, ownership or other interest in the Company.

Appears in 1 contract

Samples: Token Purchase Agreement

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