No Rights as Member. No transferee, whether by a voluntary Transfer, by operation of Law or otherwise, shall have any rights under this Agreement unless admitted as a Substituted Member.
No Rights as Member. The Participant shall have no rights as a Member with respect to any RSU granted under this Award.
No Rights as Member. This Agreement does not entitle the Warrantholder to any voting rights or other rights as a member of the Company prior to the exercise of this Agreement. Upon exercise of this Agreement, the Company agrees that the Warrantholder shall be admitted as a Member (as defined in the Operating Agreement) under the Operating Agreement with respect to the Units issued upon such exercise automatically and without any further action by any person, and the Warrantholder and such Units shall, subject to the provisions of Section 12 below, thereupon be subject to and bound by the Operating Agreement. The Warrantholder shall, promptly upon the exercise hereof, execute and deliver a counterpart signature page, joinder agreement, instrument of accession or similar instrument to the Operating Agreement, in substantially the form attached hereto as Exhibit IV.
No Rights as Member. This Warrant Agreement does not entitle the Warrantholders to any voting rights or other rights as a member of the Company prior to the exercise of this Warrant; provided however, that the rights of the Warrantholder hereunder with respect to the exercise of the Warrant Interests shall be specifically enforceable in accordance with applicable law. 7.
No Rights as Member. A Warrant does not entitle the Holder to any of the rights of a Member of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights, rights to vote or to consent or to receive notice as Member in respect of the meetings of the Members or any other matter.
No Rights as Member. From and after the Effective Time, the holders of Certificates will cease to have any rights as a member of CrossPoint except as otherwise provided in this Agreement or by applicable Law and the Surviving Corporation will be entitled to treat each Certificate that has not yet been surrendered for exchange solely as evidence of the right to receive the Merger Consideration.
No Rights as Member. Nothing contained in this Note shall be construed as conferring upon Lender or any other person the right to vote or to consent or to receive notice as a member in respect of meetings of members for the election of managers of Maker or any other matters or any rights whatsoever as a member of Maker, and no dividends or distributions shall be payable or accrued in respect of this Note or the interest represented hereby or the units of Maker obtainable through conversion hereunder until, and only to the extent that, this Note shall have been converted. As a condition to receiving the units of Maker upon conversion, Xxxxxx agrees to be bound by the terms and provisions of Maker’s then-current Amended And Restated Limited Liability Company Agreement and Amended And Restated Unit Purchase Agreement, as they may be amended from time to time, and, if not already a signatory, shall execute counterpart signature pages thereto or an agreement pursuant to which Lender adopts such agreements.
No Rights as Member. Prior to the exercise of this Warrant, the Holder is not entitled to any rights of a Member of the Company with respect to Common Units for which this Warrant is exercisable, including, without limitation, the right to vote or to receive distributions and is not entitled to receive any notice of any proceedings of the Company; provided, however, the Company will provide any information that the Holder reasonably requests in connection with the Holder’s determination to exercise this Warrant.
No Rights as Member. The Grantee shall have no voting or other rights as a member of Parent LLC with respect to any Grant Contingent LLC Units until such Grant Contingent LLC Units shall have been issued to and received by (or deemed to have been issued to and received by) the Grantee and the admission of the Grantee to Parent LLC as a member of Parent LLC (if the Grantee shall not already be a member thereof). Except as expressly provided in the LLC Agreement, no adjustment shall be made for distributions or other rights for which the record date is prior to the date of such issuance and receipt.
No Rights as Member. The Optionee shall have no rights as a Member of the Company with respect to the Option Interests until after an Option has been exercised and the Optionee has duly executed and delivered a copy of the LLC Agreement.
