No Member Rights. No Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.
No Member Rights. Prior to exercise of this Warrant, the Holder shall not be entitled to any rights of a shareholder with respect to the Shares underlying this Warrant, including (without limitation) the right to vote such Shares, receive distributions thereon, Shares or be notified of membership meetings.
No Member Rights. Except as provided in this Warrant, Holder will not have any rights as a member of the Company until the exercise or conversion of this Warrant.
No Member Rights. Subject to Section 14.6, no Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or Information indicated by [***] in the text has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for Confidential Treatment under Rule 24b-2 under the Securities Exchange Act of 1934. any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.
No Member Rights. This Warrant in and of itself shall not entitle the Holder to any voting rights or other rights as a member of the Company.
No Member Rights. This Warrant in and of itself shall not entitle the Holder to any voting rights or other rights as a shareholder of the Corporation. No Holder of this Warrant shall be entitled, as a Warrant holder, to vote or receive dividends or be deemed the holder of Warrant Shares or any other securities of the Corporation which may at any time be issuable on the exercise hereof for any purpose, nor shall anything contained herein be construed to confer upon the holder of this Warrant, as such, any of the rights of a shareholder of the Corporation or any right to vote for the election of governors or upon any matter submitted to shareholders at any meeting thereof, or to give or withhold consent to any corporate action (whether upon any recapitalization, issuance of stock, reclassification of stock, change of par value, consolidation, merger, conveyance, or otherwise) or to receive notice of meetings, or to receive dividends or subscription rights or otherwise until the Warrant shall have been exercised and the Warrant Shares purchasable upon the exercise hereof shall have become deliverable, as provided herein, at which time such Holder shall only obtain those rights consistent with that of other shareholders of the Corporation.
No Member Rights. No Member or holder of Units who is not a Member shall have the right or power to confer upon any transferee the attributes of a Member in the Company, and no transferee of Units shall be admitted as a Member, except as provided in this Agreement.
No Member Rights. The Grantee hereby acknowledges, agrees and confirms that, upon the Grantee’s execution of this Agreement, the Grantee will be deemed to have ratified and become bound by the provisions of the Operating Agreement, which provisions shall be deemed to have been incorporated herein by reference. In addition, subject to Section 8(a), the Grantee hereby further acknowledges, agrees and confirms that the Grantee shall have none of the rights and privileges of Members with respect to an Incentive Unit until the date that the Incentive Unit becomes vested and that upon request of the Board, the Grantee shall execute a counterpart signature page or joinder (or similar instrument) to the Operating Agreement, as in effect from time to time, or any other agreement that the Board deems necessary from time to time, which may include restrictions on the transfer of Incentive Units, drag-along rights and other rights protective of other Members and the Company.
No Member Rights. Prior to exercise of this Warrant, the Holder shall not be entitled to any rights of a member of the Company with respect to the Units.
No Member Rights. 49 Section 19.4
