Common use of Rights Holder Not Deemed a Shareholder Clause in Contracts

Rights Holder Not Deemed a Shareholder. No holder, as such, of any Rights Certificate shall be entitled to vote or to receive dividends or distributions or shall be deemed for any purpose the holder of Preferred Stock or any other securities, cash or other property which may at any time be issuable on the exercise of the Rights represented thereby, nor shall anything contained in this Agreement or in any Rights Certificate be construed to confer upon the holder of any Rights Certificate, as such, any of the rights of a shareholder of the Company, including, without limitation, any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) to give or withhold consent to any corporate action, (iii) to receive notice of meetings or other actions affecting shareholders (except as provided in Section 24), (iv) to receive dividends, distributions or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such Rights Certificate shall have been exercised in accordance with the provisions of this Agreement.

Appears in 3 contracts

Samples: Rights Agreement (General Maritime Corp/), Rights Agreement (General Maritime Corp/), Rights Agreement (General Maritime Corp/)

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Rights Holder Not Deemed a Shareholder. No holderExcept as otherwise expressly provided in this Agreement, as such, no holder of any Rights Certificate shall be entitled to vote or to vote, receive dividends or distributions or shall be deemed for any purpose the holder of Preferred the shares of Common Stock or any other securities, cash or other property securities of the Company which may at any time be issuable on the exercise of the Rights represented thereby, nor shall anything contained in this Agreement herein or in any Rights Certificate be construed to confer upon the holder of any Rights Certificate, as such, Certificate any of the rights of a shareholder of the Company, including, without limitation, Company or any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) or to give or withhold consent to any corporate action, (iii) or to receive notice of meetings or other actions affecting shareholders (except as provided in Section 24)shareholders, (iv) or to receive dividends, distributions dividends or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such the Rights Certificate shall have been exercised in accordance with the provisions of this Agreement.

Appears in 3 contracts

Samples: Rights Agreement (Cade Industries Inc), Rights Agreement (Apw LTD), Rights Agreement (Cade Industries Inc)

Rights Holder Not Deemed a Shareholder. No holder, as such, of any Rights Certificate shall be entitled to vote vote, receive dividends, or to receive dividends be, or distributions or shall be deemed or treated as, for any purpose the holder of the Preferred Stock Shares or any other securities, cash or other property which securities of the Company that may at any time be issuable on the exercise or exchange of the Rights represented thereby, nor shall anything contained in this Agreement herein or in any Rights Right Certificate be construed to confer upon the holder of any Rights CertificateRight, as such, any of the rights of a shareholder of the Company, including, without limitation, Company or any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) or to give or withhold consent to any corporate action, (iii) or to receive notice of meetings or other actions affecting shareholders (except as provided in Section 2425 hereof), (iv) or to receive dividends, distributions dividends or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such Rights Certificate shall have been exercised or exchanged in accordance with the provisions of this Agreementhereof.

Appears in 2 contracts

Samples: Rights Agreement (Nabors Industries LTD), Rights Agreement (Nabors Industries LTD)

Rights Holder Not Deemed a Shareholder. No holder, as such, of any Rights or Rights Certificate shall be entitled to vote or to vote, receive dividends or distributions or shall be deemed for any purpose the holder of the number of Fractional Shares of Preferred Stock or any other securities, cash or other property which securities of the Company that may at any time be issuable on upon the exercise of the Rights represented thereby, nor shall anything contained in this Agreement herein or in any Rights Certificate be construed to confer upon the holder of any Rights or Rights Certificate, as such, any of the rights of a shareholder of the Company, including, without limitation, Company or any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) or to give or withhold consent to any corporate action, (iii) or to receive notice of meetings or other actions affecting shareholders (except as provided in Section 2425 hereof), (iv) or to receive dividends, distributions dividends or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such Rights Certificate shall have been exercised in accordance with the provisions of this Agreementhereof.

Appears in 2 contracts

Samples: Rights Agreement (Dawson Geophysical Co), Rights Agreement (Depomed Inc)

Rights Holder Not Deemed a Shareholder. No holderExcept as otherwise expressly provided in this Agreement, as such, no holder of any Rights Certificate shall be entitled to vote or to vote, receive dividends or distributions or shall be deemed for any purpose the holder of the shares of Preferred Stock Shares or Common Shares or any other securitiessecurities of the Company, cash or other property as the case may be, which may at any time be issuable on the exercise of the Rights represented thereby, nor shall anything contained in this Agreement herein or in any Rights Certificate be construed to confer upon the holder of any Rights Certificate, as such, Certificate any of the rights of a shareholder of the Company, including, without limitation, Company or any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) or to give or withhold consent to any corporate action, (iii) or to receive notice of meetings or other actions affecting shareholders (except as provided in Section 24)shareholders, (iv) or to receive dividends, distributions dividends or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such the Rights Certificate shall have been exercised in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Rights Agreement (Apw LTD)

Rights Holder Not Deemed a Shareholder. No Except as otherwise expressly provided in this Agreement, no holder, as such, of any Rights Certificate shall be entitled to vote or to vote, receive dividends or distributions or shall be deemed for any purpose the holder of the shares of Preferred Stock or any other securities, cash or other property which securities of the Company that may at any time be issuable on the exercise of the Rights represented thereby, nor shall anything contained in this Agreement herein or in any Rights Certificate be construed to confer upon the holder of any Rights Certificate, as such, any of the rights of a shareholder of the Company, including, without limitation, Company or any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) or to give or withhold consent to any corporate action, (iii) or to receive notice of meetings or other actions affecting shareholders (except as provided in Section 24)shareholders, (iv) or to receive dividends, distributions dividends or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such Rights Certificate shall have been exercised in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Rights Agreement (Patrick Industries Inc)

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Rights Holder Not Deemed a Shareholder. No holder, as such, of any Rights Certificate shall be entitled to vote or to receive dividends or distributions or shall be deemed for any purpose the holder of Preferred Stock or any other securities, cash or other property which may at any time be issuable on the exercise of the Rights represented thereby, nor shall anything contained in this Agreement or in any Rights Certificate be construed to confer upon the holder of any Rights Certificate, as such, any of the rights of a shareholder of the Company, including, without limitation, any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) to give or withhold consent to any corporate action, (iii) to receive notice of meetings or other actions affecting shareholders (except as provided in Section 24), (iv) to receive dividends, distributions or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such Rights Certificate shall have been exercised in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Rights Agreement (First Priority Group Inc)

Rights Holder Not Deemed a Shareholder. No holder, as such, of any Rights Certificate shall be entitled to vote or to vote, receive dividends or distributions or shall be deemed for any purpose the holder of Preferred Stock the Common Shares or any other securities, cash or other property securities of the Corporation which may at any time be issuable on the exercise of the Rights represented therebyRights, nor shall anything contained in this Agreement or in any Rights Certificate be construed or deemed to confer upon the holder of any Right or Rights Certificate, as such, any of the rights rights, titles, benefits, or privileges of a shareholder of the Company, including, without limitation, Corporation or any right (i) to vote at any meeting of shareholders of the Corporation whether for the election of directors or otherwise or upon any matter submitted to shareholders holders of Common Shares at any meeting thereof, (ii) or to give or withhold consent to any corporate actionaction of the Corporation, (iii) or to receive notice of meetings any meeting or other actions action affecting shareholders (any shareholder of the Corporation except as expressly provided in Section 24)this Agreement, (iv) or to receive dividends, distributions distributions, or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such Rights Certificate shall have been validly exercised in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Tax Benefit Preservation Plan Agreement (Kingsway Financial Services Inc)

Rights Holder Not Deemed a Shareholder. No holderExcept as otherwise expressly provided in this Agreement, as such, no holder of any Rights Certificate shall be entitled to vote or to vote, receive dividends or distributions or shall be deemed for any purpose the holder of the shares of Preferred Shares or Common Stock or any other securitiessecurities of the Company, cash or other property as the case may be, which may at any time be issuable on the exercise of the Rights represented thereby, nor shall anything contained in this Agreement herein or in any Rights Certificate be construed to confer upon the holder of any Rights Certificate, as such, Certificate any of the rights of a shareholder of the Company, including, without limitation, Company or any right (i) to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, (ii) or to give or withhold consent to any corporate action, (iii) or to receive notice of meetings or other actions affecting shareholders (except as provided in Section 24)shareholders, (iv) or to receive dividends, distributions dividends or subscription rights, or (v) to institute, as a holder of Preferred Stock or other securities issuable on exercise of the Rights represented by any Rights Certificate, any derivative action on behalf of the Company, or otherwise, until and only to the extent that the Right or Rights evidenced by such the Rights Certificate shall have been exercised in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Rights Agreement (Apw LTD)

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