Common use of No Equity Rights Clause in Contracts

No Equity Rights. There are no preemptive or similar rights with respect to any debt or equity securities of the Company which may be now or hereafter issued by the Company. There are no subscriptions, options, warrants, conversion or other rights, agreements, commitments, arrangements or understandings of any kind obligating the Company, contingently or otherwise, to issue or sell, or cause to be issued or sold, any debt or equity security of the Company, or any securities convertible into or exercisable or exchangeable for any such debt or equity securities, outstanding, and no authorization therefor has been given. There are no outstanding contractual or other rights or obligations to or of any of the security holders of the Company or any other Person to repurchase, redeem or otherwise acquire any outstanding shares or other debt or equity securities of the Company.

Appears in 3 contracts

Samples: Stock Purchase Agreement (SharedLabs, Inc), Stock Purchase Agreement (SharedLabs, Inc), Stock Purchase Agreement (SharedLabs, Inc)

AutoNDA by SimpleDocs

No Equity Rights. There are no preemptive or similar rights with respect to on the part of any debt or equity holders of any class of securities of the Company which may be now or hereafter issued by the any Company. There are no subscriptions, options, warrants, conversion or other binding rights, agreements, commitmentscommitments or arrangements obligating any Company, arrangements Seller or understandings of any kind obligating the Companyother Person, contingently or otherwise, to issue or sell, or cause to be issued or sold, any debt or equity security shares of the capital stock of any Company, or any securities convertible into or exercisable or exchangeable for any such debt or equity securities, outstandingshares, and no authorization therefor has been given. There Except for the transactions contemplated by this Agreement, there are no outstanding contractual or other rights or obligations to or of any of the security holders of the Company Company, Seller or any other Person to repurchase, redeem or otherwise acquire any outstanding shares or other debt or equity securities interests of the any Company.

Appears in 2 contracts

Samples: Reorganization Agreement (RenPac Holdings Inc.), Stock Purchase Agreement (RenPac Holdings Inc.)

AutoNDA by SimpleDocs

No Equity Rights. There are no preemptive or similar rights with respect to on the part of any debt or equity holders of any class of securities of the Company which may be now or hereafter issued by the Company. There are Except for this Agreement, no subscriptions, options, warrants, conversion or other rights, agreements, commitments, arrangements or understandings of any kind obligating the Company, Sellers or any other Person, contingently or otherwise, to issue or sell, or cause to be issued or sold, any debt or equity security shares of capital stock of any class of the Company, or any securities convertible into or exercisable or exchangeable for any such debt or equity securitiesshares, are outstanding, and no authorization therefor therefore has been given. There are no outstanding contractual or other rights or obligations to or of any of the security holders of the Company Company, Sellers or any other Person to repurchase, redeem or otherwise acquire any outstanding shares or other debt or equity securities interests of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Willing Holding, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!