Rights and Obligations Evidenced by the Security Certificates. Each Security Certificate shall evidence the number of Securities specified therein, with each such Security representing the ownership by the Holder thereof of Pledged Securities with a principal amount or liquidation preference equal to the Stated Amount, subject to the Pledge of such Pledged Securities by such Holder pursuant to the Pledge Agreement, and the rights and obligations of the Holder under one Purchase Contract. Prior to the purchase, if any, of shares of Common Stock under the Purchase Contracts, the Securities shall not entitle the Holders to any of the rights of a holder of shares of Common Stock, including, without limitation, the right to vote or receive any dividends or other payments or to consent or to receive notice as stockholders in respect of the meetings of stockholders or for the election of directors of the Company or for any other matter, or any other rights whatsoever as stockholders of the Company, except to the extent otherwise expressly provided in this Agreement.
Appears in 6 contracts
Samples: Purchase Contract Agreement (Providian Financing Iv), Stock Purchase Contract Agreement (Ccci Capital Trust Iii), Stock Purchase Contract Agreement (CCC Capital Trust Ii)
Rights and Obligations Evidenced by the Security Certificates. Each Security Certificate shall evidence the number of Securities specified therein, with each such Security representing the ownership by the Holder thereof of Pledged Underlying Securities with a principal amount or liquidation preference equal to the Stated Amount, subject to the Pledge of such Pledged Underlying Securities by such Holder pursuant to the Pledge Agreement, and the rights and obligations of the Holder under one Purchase Contract. Prior to the purchase, if any, of shares of Common Stock under the Purchase Contracts, the Securities shall not entitle the Holders to any of the rights of a holder of shares of Common Stock, including, without limitation, the right to vote or receive any dividends or other payments or to consent or to receive notice as stockholders in respect of the meetings of stockholders or for the election of directors of the Company or for any other matter, or any other rights whatsoever as stockholders stockholders, of the Company, except to the extent otherwise expressly provided in this Agreement.
Appears in 2 contracts
Samples: Purchase Contract Agreement (Financial Security Assurance Holdings LTD/Ny/), Purchase Contract Agreement (TRW Inc)
Rights and Obligations Evidenced by the Security Certificates. Each Security Certificate shall evidence the number of Securities specified therein, with each such Security representing the ownership by the Holder thereof of Pledged Underlying Securities with a principal amount or liquidation preference equal to the Stated Amount, subject to the Pledge of such Pledged Underlying Securities by such Holder pursuant to the Pledge Agreement, and the rights and obligations of the Holder under one Purchase Contract. Prior to the purchase, if any, of shares of Common Stock Shares under the Purchase Contracts, the Securities shall not entitle the Holders to any of the rights of a holder of shares of Common StockShares, including, without limitation, the right to vote or receive any dividends or other payments or to consent or to receive notice as stockholders shareholders in respect of the meetings of stockholders shareholders or for the election of directors trustees of the Company or for any other matter, or any other rights whatsoever as stockholders shareholders, of the Company, except to the extent otherwise expressly provided in this Agreement.
Appears in 1 contract
Samples: Purchase Contract Agreement (Prime Group Realty Trust)
Rights and Obligations Evidenced by the Security Certificates. Each Security Certificate shall evidence the number of Securities specified therein, with each such Security representing the ownership by the Holder thereof of Pledged Securities with a principal amount or liquidation preference equal to the Stated stated Amount, subject to the Pledge of such Pledged Securities by such Holder pursuant to the Pledge Agreement, and the rights and obligations of the Holder under one Purchase Contract. Prior to the purchase, if any, of shares of Common Stock under the Purchase Contracts, the Securities shall not entitle the Holders to any of the rights of a holder of shares of Common Stock, including, without limitation, the right to vote or receive any dividends or other payments or to consent or to receive notice as stockholders in respect of the meetings of stockholders or for the election of directors of the Company or for any other matter, or any other rights whatsoever as stockholders of the Company, except to the extent otherwise expressly provided in this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Allied Waste North America Inc/De/)
Rights and Obligations Evidenced by the Security Certificates. Each Security Certificate shall evidence the number of Securities specified therein, with each such Security representing the ownership by the Holder thereof of Pledged Securities Treasury Notes with a principal amount or liquidation preference equal to the Stated Amount, subject to the Pledge of such Pledged Securities Treasury Notes by such Holder pursuant to the Pledge Agreement, and the rights and obligations of the Holder under one Purchase Contract. Prior to the purchase, if any, of shares of Common Stock under the Purchase Contracts, the Securities shall not entitle the Holders to any of the rights of a holder of shares of Common Stock, including, without limitation, the right to vote or receive any dividends or other payments or to consent or to receive notice as stockholders in respect of the meetings of stockholders or for the election of directors of the Company or for any other matter, or any other rights whatsoever as stockholders of the Company, except to the extent otherwise expressly provided in this Agreement.
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