Common use of No Rights or Liabilities as a Stockholder Clause in Contracts

No Rights or Liabilities as a Stockholder. This Warrant shall not entitle the Warrant Holder to any voting rights or other rights as a stockholder of the Company prior to the exercise or conversion of the Warrant, provided that nothing herein shall be construed to limit or impair other rights that the Warrant Holder may have under this Warrant or otherwise. No provision of this Warrant, in the absence of affirmative action by the Warrant Holder to purchase the Shares, and no mere enumeration herein of the rights or privileges of the Warrant Holder, shall give rise to any liability of such Warrant Holder 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 3 contracts

Samples: Warrant Agreement (PTC Therapeutics, Inc.), Warrant Agreement (PTC Therapeutics, Inc.), Warrant Agreement (PTC Therapeutics, Inc.)

AutoNDA by SimpleDocs

No Rights or Liabilities as a Stockholder. This Warrant shall not entitle the Warrant Holder or Holders hereof to any voting rights or other rights as a stockholder of the Company with respect to the Underlying Shares prior to the exercise or conversion of the Warrant, provided that nothing herein shall be construed to limit or impair other rights that the Warrant Holder may have under this Warrant or otherwise. No provision of this Warrant, in the absence of affirmative action by the Warrant Holder or Holders to purchase the Underlying Shares, and no mere enumeration herein of the rights or privileges of the Warrant HolderHolder or Holders, shall give rise to any liability of such Warrant Holder or Holders 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 3 contracts

Samples: Credit Agreement (BioXcel Therapeutics, Inc.), Warrant Agreement (Athenex, Inc.), Warrant Agreement (Athenex, Inc.)

No Rights or Liabilities as a Stockholder. This Warrant shall not entitle the Warrant Holder or Holders hereof to any voting rights or other rights as a stockholder of the Company with respect to the Underlying Shares prior to the exercise or conversion Exercise of the Warrant, provided that nothing herein shall be construed to limit or impair other rights that the Warrant Holder may have under this Warrant or otherwise. No provision of this Warrant, in the absence of affirmative action by the Warrant Holder or Holders to purchase the Underlying Shares, and no mere enumeration herein of the rights or privileges of the Warrant HolderHolder or Holders, shall give rise to any liability of such Warrant Holder or Holders 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 1 contract

Samples: Credit Agreement (Fractyl Health, Inc.)

AutoNDA by SimpleDocs

No Rights or Liabilities as a Stockholder. This Warrant shall not entitle the Warrant Holder or Holders hereof to any voting rights or other rights as a stockholder of the Company with respect to the Underlying Shares prior to the exercise or conversion of the Warrant, provided that nothing herein shall be construed to limit or impair other rights that the Warrant Holder may have under this Warrant or otherwise. No provision of this Warrant, in the absence of affirmative action by the Warrant Holder or Holders to purchase the Underlying Shares, and no mere enumeration herein of the rights or privileges of the Warrant HolderHolder or Holders, shall give rise to any liability of such Warrant Holder or Holders 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 1 contract

Samples: Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!