Common use of No Rights as Stockholder Until Conversion Clause in Contracts

No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 5.

Appears in 47 contracts

Samples: Innovative Payment Solutions, Inc., 60 Degrees Pharmaceuticals, Inc., Innovative Payment Solutions, Inc.

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No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 54.

Appears in 28 contracts

Samples: Health-Right Discoveries, Inc., Black Cactus Global, Inc., Biolargo, Inc.

No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 5hereof.

Appears in 13 contracts

Samples: Securities Purchase Agreement (Innovation1 Biotech Inc.), Securities Purchase Agreement (Innovation1 Biotech Inc.), Securities Purchase Agreement (Live Current Media Inc.)

No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 54.

Appears in 3 contracts

Samples: Scorpius Holdings, Inc., NightHawk Biosciences, Inc., NightHawk Biosciences, Inc.

No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 56.

Appears in 3 contracts

Samples: Red Cat Holdings, Inc., Red Cat Holdings, Inc., Unusual Machines, Inc.

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No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 52.1. So long as this Note is unconverted, this Note carries no voting rights and does not convey to the Holder any “control” over the Company, as such term may be interpreted by the SEC under the Securities Act or the Exchange Act, regardless of whether this Note is currently convertible.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lithium Exploration Group, Inc.), Securities Purchase Agreement (Lithium Exploration Group, Inc.)

No Rights as Stockholder Until Conversion. This Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than as explicitly set forth in Section 58.

Appears in 1 contract

Samples: Unusual Machines, Inc.

No Rights as Stockholder Until Conversion. This The Note does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the conversion hereof other than of the Notes as explicitly set forth in Section 5provided herein.

Appears in 1 contract

Samples: American Resources Corp

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