Common use of No Duty of Demand Clause in Contracts

No Duty of Demand. The Warrant Agent shall not have any duty or responsibility in the case of the receipt of any written demand from any holder of Warrants with respect to any action or default by the Company, including, without limiting the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law or otherwise or to make any demand upon the Company.

Appears in 13 contracts

Samples: Warrant Assignment, Assumption and Amendment Agreement (Rumble Inc.), Warrant Agent Agreement (Mobilicom LTD), Warrant Agent Agreement (SaverOne 2014 Ltd.)

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No Duty of Demand. The Warrant Agent shall not have any duty or responsibility in the case of the receipt of any written demand from any holder of Warrants with respect to any action or default by the Company, including, without limiting limitation the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law or otherwise or to make any demand upon the Company.

Appears in 4 contracts

Samples: Warrant Agent Agreement, Warrant Agent Agreement (Modular Medical, Inc.), Warrant Agent Agreement (Verb Technology Company, Inc.)

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No Duty of Demand. The Warrant Agent shall not have any duty or responsibility in the case of the receipt of any written demand from any holder of Warrants with respect to any action or default by the Company, including, without limiting the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law or otherwise or to make any demand upon the Company.without

Appears in 1 contract

Samples: Execution Version Warrant Agreement (Third Point Reinsurance Ltd.)

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