Common use of No Voting Rights; Limitations of Liability Clause in Contracts

No Voting Rights; Limitations of Liability. This Warrant shall not entitle the holder hereof to any voting rights or other rights as a stockholder of the Company until the Warrant shall have been exercised and the Common Stock purchasable upon the exercise hereof shall have become deliverable, as provided herein. No provision hereof, in the absence of affirmative action by the Registered Holder to purchase Common Stock, and no enumeration herein of the rights or privileges of the Registered Holder shall give rise to any liability of such holder for the Exercise Price of Common Stock acquirable by exercise hereof or as a stockholder of the Company.

Appears in 2 contracts

Samples: Warrant Purchase and Registration Agreement (Akorn Inc), Warrant Agreement (Akorn Inc)

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No Voting Rights; Limitations of Liability. This Warrant shall not entitle the holder hereof to any voting rights or other rights as of a stockholder of the Company until Company. Except for the Warrant shall have been exercised and the Common Stock purchasable upon the automatic “net basis” exercise hereof shall have become deliverableprovisions expressly set forth in this Warrant, as provided herein. No no provision hereof, in the absence of affirmative action by the Registered Holder to purchase Common the Exercise Stock, and no enumeration herein of the rights or privileges of the Registered Holder shall give rise to any liability of such holder for the Exercise Price of Common shares of the Exercise Stock acquirable by exercise hereof or as a stockholder of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Siga Technologies Inc)

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No Voting Rights; Limitations of Liability. This Warrant shall not entitle the holder hereof to any voting rights or other rights as of a stockholder of the Company until Company. Except for the automatic “net basis” exercise provisions expressly set forth in this Warrant shall have been exercised and the Common Stock purchasable upon the exercise hereof shall have become deliverableautomatic conversion set forth in Section 1A, as provided herein. No no provision hereof, in the absence of affirmative action by the Registered Holder to purchase Common the Exercise Stock, and no enumeration herein of the rights or privileges of the Registered Holder shall give rise to any liability of such holder for the Exercise Price of Common shares of the Exercise Stock acquirable by exercise hereof or as a stockholder of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Sterling Construction Co Inc)

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