Common use of No Rights or Liabilities as Shareholder Clause in Contracts

No Rights or Liabilities as Shareholder. No holder, as such, of any Option shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option for any purpose whatever, nor shall anything contained herein be construed to confer upon the holder of any Option, 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 stock, reclassification of stock, change of par value or change of stock to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders or to receive dividend or subscription rights, or otherwise, until such Option shall have been exercised in accordance with the provisions hereof. Without limiting or otherwise modifying Section 6 hereof, no provision hereof, in the absence of affirmative action by a Noteholder to exchange its Notes for Option Shares shall give rise to any liability of such holder as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: Option Agreement (Aei), Option Agreement (Aei)

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No Rights or Liabilities as Shareholder. No holderThe Holder, as such, of any Option this Warrant shall not be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option this Warrant represented thereby for any purpose whatever, nor shall anything contained herein or in this Warrant be construed to confer upon the holder of any Optionthis Warrant, 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 stock, reclassification of stock, change of par value or change of stock to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders or to receive dividend or subscription rights, or otherwise, until such Option this Warrant shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Holder to exchange its Notes for Option purchase Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: China Rapid Finance LTD, China Rapid Finance LTD

No Rights or Liabilities as Shareholder. No holder, as such, of any Option Warrant shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares ordinary shares which may at any time be issuable on the exercise of an Option the Warrants represented thereby for any purpose whatever, nor shall anything contained herein be construed to confer upon the holder of any OptionWarrants, 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 stock, reclassification of stock, change of par value or change of stock to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders or to receive dividend or subscription rights, or otherwise, until such Option Warrant shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Warrant Holder to exchange its Notes for Option purchase Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder 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, Warrant Agreement (Todos Medical Ltd.)

No Rights or Liabilities as Shareholder. No holder, as such, of any Option Warrant Certificate shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option the Warrants represented thereby for any purpose whatever, nor shall anything contained herein or in any Warrant Certificate be construed to confer upon the holder of any OptionWarrant Certificate, 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 stockShares, reclassification of stockShares, change of par value or change of stock Shares to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders stockholders or to receive dividend or subscription rights, or otherwise, until such Option Warrant Certificate shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Warrantholder to exchange its Notes for Option purchase Warrant Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: Warrant Agreement (Gentor Resources, Inc.), Securities Purchase Agreement (Gentor Resources, Inc.)

No Rights or Liabilities as Shareholder. No holder, as such, of any Option Warrant Certificate shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option the Warrants represented thereby for any purpose whatever, nor shall anything contained herein or in any Warrant Certificate be construed to confer upon the holder of any OptionWarrant Certificate, 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 stockCommon Stock, reclassification of stockCommon Stock, change of par value or change of stock Common Stock to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders stockholders or to receive dividend or subscription rights, or otherwise, until such Option Warrant Certificate shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Warrantholder to exchange its Notes for Option purchase Warrant Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Herborium)

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No Rights or Liabilities as Shareholder. No holder, as such, of any Option Warrant Certificate shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option the Warrants represented thereby for any purpose whatever, nor shall anything contained herein or in any Warrant Certificate be construed to confer upon the holder of any OptionWarrant Certificate, 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 stockShares, reclassification of stockShares, change of par value or change of stock Shares to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders stockholders or to receive dividend or subscription rights, or otherwise, until such Option Warrant Certificate shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Warrantholder to exchange its Notes for Option purchase Warrant Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company. Section 7.

Appears in 1 contract

Samples: Warrant Agreement (Visual Bible International Inc)

No Rights or Liabilities as Shareholder. No holder, as such, of any Option Warrant Certificate shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option the B Unit Warrants represented thereby for any purpose whatever, nor shall anything contained herein or in any Warrant Certificate be construed to confer upon the holder of any OptionWarrant Certificate, 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 stockCommon Stock, reclassification of stockCommon Stock, change of par value or change of stock Common Stock to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders stockholders or to receive dividend or subscription rights, or otherwise, until such Option Warrant Certificate shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Warrantholder to exchange its Notes for Option purchase Warrant Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Visual Bible International Inc)

No Rights or Liabilities as Shareholder. No holder, as such, of any Option Warrant Certificate shall be entitled to vote, receive dividends or be deemed the holder of any Option Shares which may at any time be issuable on the exercise of an Option the Convertible Note Warrants represented thereby for any purpose whatever, nor shall anything contained herein or in any Warrant Certificate be construed to confer upon the holder of any OptionWarrant Certificate, 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 stockCommon Stock, reclassification of stockCommon Stock, change of par value or change of stock Common Stock to no par value, consolidation, merger, conveyance or otherwise), or to receive notice of meetings or other actions affecting shareholders stockholders or to receive dividend or subscription rights, or otherwise, until such Option Warrant Certificate shall have been exercised in accordance with the provisions hereofhereof and the receipt and collection of the Exercise Price and any other amounts payable upon such exercise by the Company. Without limiting or otherwise modifying Section 6 hereof, no No provision hereof, in the absence of affirmative action by a Noteholder Warrant holder to exchange its Notes for Option purchase Warrant Shares shall give rise to any liability of such holder for the Exercise Price or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Future Now Group Inc.)

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