NO RIGHTS AS SHAREHOLDER PRIOR TO CONVERSION. Other than as provided in this Agreement or the Note, prior to the Conversion, the Investor shall not be entitled to vote or be deemed the holders of any equity securities of the Company that may be issuable on the Conversion as provided herein for any purpose, nor shall anything contained herein be construed to confer upon the Investor, as such, any of the rights of a shareholder of the Company or any right to vote for the election of directors 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 shares, reclassification of shares, change of par value, or change of shares to no par value, consolidation, merger, scheme of arrangement, conveyance, or otherwise) or to receive notice of meetings, or to receive in-kind dividends or subscription rights or otherwise until the Note shall have been converted and the Conversion Shares issuable upon the conversion hereof shall have been issued, as provided herein.
Appears in 5 contracts
Samples: Convertible Promissory Note Purchase Agreement (Nvni Group LTD), Convertible Promissory Note Purchase Agreement (Solar Power, Inc.), Convertible Promissory Note Purchase Agreement (Solar Power, Inc.)
