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

No Rights or Liabilities as Shareholder. This Note does not by itself entitle Noteholder to any voting rights or other rights as a shareholder of the Company. In the absence of conversion of this Note, no provisions of this Note, and no enumeration herein of the rights or privileges of the holder, shall cause such holder to be a shareholder of the Company for any purpose.

Appears in 2 contracts

Samples: Secured Convertible Promissory Note (Caldera International Inc/Ut), Secured Convertible Promissory Note (Caldera International Inc/Ut)

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No Rights or Liabilities as Shareholder. This Note does not by itself entitle Noteholder the Holder to any voting rights or other rights as a shareholder of the Company. In the absence of conversion of this Note, no provisions of this Note, and no enumeration herein of the rights or privileges of the holderHolder, shall cause such holder Holder to be a shareholder of the Company for any purpose.

Appears in 1 contract

Samples: Credit Agreement (Internap Network Services Corp/Wa)

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No Rights or Liabilities as Shareholder. This Note does not by itself entitle Noteholder the Holder to any voting rights or other rights as a shareholder of the Company. In the absence of conversion of this Note, no provisions of this Note, and no enumeration herein of the rights or privileges of the holderHolder, shall cause such holder the Holder to be a shareholder of the Company for any purpose.

Appears in 1 contract

Samples: Convertible Promissory Note (Network Cn Inc)

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