Common use of Rights as Shareholders Clause in Contracts

Rights as Shareholders. No holder of this Warrant, as such, shall be entitled to vote or receive dividends or be deemed the holder of Common Stock, nor shall anything contained herein be construed to confer upon the holder of this Warrant, as such, any of the rights of a shareholder of the Company or any right to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, or to receive notice of meetings, or to receive dividends or subscription rights or otherwise until this Warrant shall have been exercised and the shares of Common Stock purchasable upon the exercise hereof shall have become deliverable, as provided herein. However, nothing in this Section 9 shall limit the right of the Warrantholder to be provided the notices required under this Warrant.

Appears in 15 contracts

Samples: CVSL Inc., CVSL Inc., CVSL Inc.

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Rights as Shareholders. Information. No holder of this Warrant, as such, shall be entitled to vote or receive dividends or be deemed the holder of Common StockShares, nor shall anything contained herein be construed to confer upon the holder of this Warrant, as such, any of the rights of a shareholder of the Company or any right to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, or to receive notice of meetings, or to receive dividends or subscription rights or otherwise until this Warrant shall have been exercised and the shares of Common Stock Shares purchasable upon the exercise hereof shall have become deliverable, as provided herein. HoweverNotwithstanding the foregoing, nothing in the Company will transmit to the holder of this Section 9 shall limit Warrant such information, documents and reports as are generally distributed to the right holders of any class or series of the Warrantholder securities of the Company concurrently with the distribution thereof to be provided the notices required under this Warrantshareholders.

Appears in 1 contract

Samples: Exelixis Inc

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