Common use of Purchase Right Confers No Rights as Shareholder Clause in Contracts

Purchase Right Confers No Rights as Shareholder. The Investor shall not be entitled to any privileges of ownership with respect to Subject Shares or the shares issuable in connection with the Metavante Purchase Right unless and until purchased and delivered upon the exercise of the Purchase Right or the Metavante Purchase Right, as applicable, in whole or in part, and the Investor becomes a shareholder of record with respect to such delivered shares; and the Investor shall not be considered a shareholder of the Company with respect to any such shares not so purchased and delivered previously.

Appears in 4 contracts

Samples: Stock Purchase Right Agreement (Wpm, L.P.), Stock Purchase Right Agreement (Metavante Technologies, Inc.), Stock Purchase Right Agreement (Wpm, L.P.)

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