RIGHTS AND OBLIGATIONS OF THE HOLDER. The Holder shall not, by virtue of this Warrant, be entitled to any rights of a stockholder of the Company, either at law or equity, and the rights of the Holder are limited to those expressed in this Warrant and are not enforceable against the Company except to the extent set forth herein. In addition, no provision hereof, in the absence of affirmative action by the Holder to purchase shares of Common Stock, and no enumeration herein of the rights or privileges of the Holder hereof shall give rise to any liability of such Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.
Appears in 13 contracts
Samples: Acorn Energy, Inc., Power Efficiency Corp, Data Systems & Software Inc
RIGHTS AND OBLIGATIONS OF THE HOLDER. The Holder shall not, by virtue of this Warrant, be entitled to any rights of a stockholder of in the Company, either at law or equity, and the rights of the Holder are limited to those expressed in this the Warrant and are not enforceable against the Company except to the extent set forth herein. In addition, no provision hereof, in the absence of affirmative action by the Holder to purchase shares of Common Stock, and no enumeration herein of the rights or privileges of the Holder hereof hereof, shall give rise to any liability of such Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.
Appears in 12 contracts
Samples: Preferred Stock and Warrant Purchase Agreement (Cimnet Inc/Pa), Ivivi Technologies, Inc., Adm Tronics Unlimited Inc/De
RIGHTS AND OBLIGATIONS OF THE HOLDER. The Holder shall not, by virtue of this Warrant, be entitled to any rights of a stockholder of in the Company, either at law or equity, and the rights of the Holder are limited to those expressed in this the Warrant and are not enforceable against the Company except to the extent set forth herein. In addition, no provision hereof, in the absence of affirmative action by the Holder Xxxxxx to purchase shares of Common Stock, and no enumeration herein of the rights or privileges of the Holder hereof hereof, shall give rise to any liability of such Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.
Appears in 6 contracts
Samples: Salon Media Group Inc, Salon Media Group Inc, Shumate Industries Inc
RIGHTS AND OBLIGATIONS OF THE HOLDER. The Holder shall not, by virtue of this Warrant, be entitled to any rights of a stockholder of in the Company, either at law or equity, and the rights of the Holder are limited to those expressed in this the Warrant and are not enforceable against the Company except to the extent set forth herein. In addition, no provision hereof, in the absence of affirmative action by the Holder to purchase shares of Common Stock, and no enumeration herein of the xx xxx rights or privileges of the Holder hereof hereof, shall give rise to any liability of such Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.
Appears in 2 contracts
Samples: Ir Biosciences Holdings Inc, Ir Biosciences Holdings Inc
