Common use of Nominees for Beneficial Owners Clause in Contracts

Nominees for Beneficial Owners. In the event that any Warrant Stock is held by a nominee for the Beneficial Owner thereof, the Beneficial Owner thereof may, at its election, be treated as the holder of such Warrant Stock for purposes of any request or other action by any holder or holders of Warrant Stock pursuant to this Warrant or any determination of any number or percentage of shares of Warrant Stock held by any holder or holders of Warrant Stock contemplated by this Agreement. If the Beneficial Owner of any Warrant Stock so elects, the Company may require assurances reasonably satisfactory to it of such owner's Beneficial Ownership of such Warrant Stock; PROVIDED, HOWEVER, that in no event shall there be "double-counting" of Warrants or Warrant Stock.

Appears in 4 contracts

Samples: Corecomm LTD /De/, Corecomm LTD /De/, Corecomm LTD /De/

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Nominees for Beneficial Owners. In the event that any Warrant Stock is held by a nominee for the Beneficial Owner thereof, the Beneficial Owner thereof may, at its election, be treated as the holder of such Warrant Stock for purposes of any request or other action by any holder or holders of Warrant Stock pursuant to this Warrant or any determination of any number or percentage of shares of Warrant Stock held by any holder or holders of Warrant Stock contemplated by this Agreement. If the Beneficial Owner of any Warrant Stock so elects, the Company may require assurances reasonably satisfactory to it of such owner's Beneficial Ownership of such Warrant Stock; PROVIDEDprovided, HOWEVERhowever, that in no event shall there be "double-counting" of Warrants or Warrant Stock.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Scott Walter Jr), Exhibit 2 (Scott Walter Jr), Stock Purchase Agreement (RCN Corp /De/)

Nominees for Beneficial Owners. In the event that any Warrant Stock is held by a nominee for the Beneficial Owner beneficial owner thereof, the Beneficial Owner beneficial owner thereof may, at its election, be treated as the holder of such Warrant Stock for purposes of any request or other action by any holder or holders of Warrant Stock pursuant to this Warrant or any determination of any number or percentage of shares of Warrant Stock held by any holder or holders of Warrant Stock contemplated by this Agreement. If the Beneficial Owner beneficial owner of any Warrant Stock so elects, the Company may require assurances reasonably satisfactory to it of such owner's Beneficial Ownership beneficial ownership of such Warrant Stock; PROVIDEDprovided, HOWEVERhowever, that in no event shall there be "double-counting" of Warrants or Warrant Stock.

Appears in 1 contract

Samples: Corecomm LTD /De/

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Nominees for Beneficial Owners. In the event that any Warrant Stock is held by a nominee for the Beneficial Owner beneficial owner thereof, the Beneficial Owner beneficial owner thereof may, at its election, be treated as the holder of such Warrant Stock for purposes of any request or other action by any holder or holders of Warrant Stock pursuant to this Warrant or any determination of any number or percentage of shares of Warrant Stock held by any holder or holders of Warrant Stock contemplated by this Agreement. If the Beneficial Owner beneficial owner of any Warrant Stock so elects, the Company Com pany may require assurances reasonably satisfactory to it of such owner's Beneficial Ownership beneficial ownership of such Warrant Stock; PROVIDEDprovided, HOWEVERhowever, that in no event shall there be "double-counting" of Warrants or Warrant Stock.

Appears in 1 contract

Samples: Execution Version (Corecomm LTD /De/)

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