Common use of Rights in Respect of Common Stock Clause in Contracts

Rights in Respect of Common Stock. Prior to the exercise of the Warrants evidenced thereby, the holder of a Warrant Certificate shall not be entitled to any rights of a stockholder of the Company with respect to the Common Stock into which the Warrants shall be exercisable, including, without limitation, the right to vote in respect of any matter upon which the holders of Common Stock may vote, the right to receive any distributions of cash or property and, except as expressly set forth herein, the right to receive any notice of any proceedings of the Company. Prior to the exercise of the Warrants evidenced thereby, the holders of the Warrant Certificates shall not have as such any obligation in respect of any assessment or any other obligation or liability as a stockholder of the Company, whether such obligations or liabilities are asserted by the Company or by creditors of the Company.

Appears in 7 contracts

Samples: Warrant Agreement (Trinity Place Holdings Inc.), Warrant Agreement (BioScrip, Inc.), Warrant Agreement (Ares Management LLC)

AutoNDA by SimpleDocs

Rights in Respect of Common Stock. Prior Except as otherwise set forth herein, prior to the exercise of the Warrants evidenced thereby, the holder of a Warrant Certificate shall not be entitled to any rights of a stockholder of in the Company with respect to the Common Stock into shares for which the Warrants shall be exercisable, including, without limitation, the right to vote in respect of any matter upon which the holders of Common Stock may vote, vote or the right to receive any dividends or other distributions of cash or property and, except as expressly set forth herein, the right shall not be entitled to receive any notice of any proceedings of the Company. Prior to the exercise of the Warrants evidenced thereby, the holders of the Warrant Certificates shall not have as such any obligation in respect of any assessment or any other obligation or liability as a stockholder stockholders of the Company, whether such obligations obligation or liabilities are asserted by the Company or by creditors of the Company.

Appears in 3 contracts

Samples: Warrant Agreement (U S Aggregates Inc), Securities Purchase Agreement (Able Telcom Holding Corp), Warrant Agreement (U S Aggregates Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.