Common use of No Rights as Stockholder; Limitation of Liability Clause in Contracts

No Rights as Stockholder; Limitation of Liability. This Warrant shall not entitle any holder hereof to any of the rights of a stockholder of the Company including without limitation, the right to vote and receive dividends or other distributions. No provision hereof, in the absence of affirmative action by the holder hereof to purchase Common Shares, and no mere enumeration herein of the rights of privileges of the holder hereof, shall give rise to any liability of such for the Exercise Price or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 5 contracts

Samples: Warrant Agreement (Inmark Enterprises Inc), Warrant Agreement (Inmark Enterprises Inc), Warrant Agreement (Inmark Enterprises Inc)

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No Rights as Stockholder; Limitation of Liability. This Warrant shall not entitle any holder hereof to any of the rights of a stockholder of the Company including without limitation, the right to vote and receive dividends or other distributionsCompany. No provision hereof, in the absence of affirmative action by the holder hereof to purchase shares of Common SharesStock, and no mere enumeration herein of the rights of or privileges of the holder hereof, shall give rise to any liability of such holder for the Exercise Purchase Price or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: Warrant Agreement (Omnicare Inc), Warrant Agreement (Omnicare Inc)

No Rights as Stockholder; Limitation of Liability. This Warrant shall not entitle any holder the Holder hereof to any of the rights of a stockholder of the Company including without limitation, the right to vote and receive dividends or other distributionsCompany. No provision hereof, in the absence of affirmative action by the holder Holder hereof to purchase Common Sharesshares of Warrant Stock, and no mere enumeration herein of the rights of or privileges of the holder Holder hereof, shall give rise to any liability of such Holder for the Exercise Warrant Price or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Streep John S), Note and Warrant Purchase Agreement (Equalnet Holding Corp)

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No Rights as Stockholder; Limitation of Liability. This Warrant shall not entitle any holder hereof to any of the rights of a stockholder of the Company including without limitation, the right to vote and receive dividends or other distributionsCompany. No provision hereof, in the absence of affirmative action by the holder hereof to purchase Common Sharesshares of Capital Stock, and no mere enumeration herein of the rights of or privileges of the holder hereof, shall give rise to any liability of such holder for the Exercise Purchase Price or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Deltek Systems Inc)

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