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

No Claim, Loan or Ownership Interest. Other than the rights of ownership expressly set forth in this Exhibit B, the holder of Tokens do not have 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. The Tokens are not indebtedness of Company.

Appears in 12 contracts

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

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No Claim, Loan or Ownership Interest. Other than the rights of ownership expressly set forth in this Exhibit BAnnex A, the holder of Governance Tokens or Distribution Tokens do not have 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. The Tokens tokens are not indebtedness of Company.

Appears in 1 contract

Samples: Contribution Agreement

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