Common use of Rights of Investors Clause in Contracts

Rights of Investors. Each holder of Series C Convertible Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C Convertible Preferred Stock, including without limitation the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an agreement with the Company for the purpose of modifying this Agreement or any agreement effecting any such modification, and such holder shall not incur any liability to any other holder or holders of Series C Convertible Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising any such right or rights.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock Purchase Agreement (Healthstream Inc)

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Rights of Investors. Each holder of Series C B Convertible Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C B Convertible Preferred Stock, including without limitation the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an agreement with the Company for the purpose of modifying this Agreement or any agreement effecting any such modification, and such holder shall not incur any liability to any other holder or holders of Series C B Convertible Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising any such right or rights.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock Purchase Agreement (Healthstream Inc)

Rights of Investors. Each holder of Series C A Convertible Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C A Convertible Preferred Stock, including without limitation the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an agreement with the Company for the purpose of modifying this Agreement or any agreement effecting any such modification, and such holder shall not incur any liability to any other holder or holders of Series C A Convertible Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising any such right or rights.

Appears in 1 contract

Samples: Series a Convertible Preferred Stock Purchase Agreement (Healthstream Inc)

Rights of Investors. Each holder of Series C Convertible A Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C Convertible A Preferred Stock, including without limitation the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an agreement with the Company for the purpose pur- pose of modifying this Agreement or any agreement effecting any such modification, and such holder shall not incur any liability to any other holder or holders of Series C Convertible A Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising exer- cising any such right or rights.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement

Rights of Investors. Each holder of the Series C Convertible B Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C Convertible B Preferred Stock, including including, without limitation limitation, the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an agreement with the Company for the purpose of modifying this Agreement or any agreement effecting any such modification, and such holder shall not incur any liability to any other holder or holders of the Series C Convertible B Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising any such right or rights.

Appears in 1 contract

Samples: Purchase Agreement (Comc Inc)

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Rights of Investors. Each holder of Series C Convertible B Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C Convertible B Preferred Stock, including without limitation the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an agreement with the Company for the purpose of modifying this Agreement or any agreement effecting any such modification, and such holder shall not incur any liability to any other holder or holders of Series C Convertible B Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising any such right or rights.

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (Critical Path Inc)

Rights of Investors. Each Any holder of the Series C Convertible B Preferred Stock (and Common Stock issued upon conversion thereof) shall have the absolute right to exercise or refrain from exercising any right or rights that such holder may have by reason of this Agreement or any Series C Convertible B Preferred StockStock (including, including without limitation limitation, the right to consent to the waiver of any obligation of the Company under this Agreement and to enter into an any agreement with the Company for the purpose of modifying this Agreement or any other agreement effecting affecting any such modification), and such holder shall not incur any liability to any other holder or holders of the Series C Convertible B Preferred Stock (or Common Stock issued upon exercise thereof) with respect to exercising or refraining from exercising any such right or rights.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock and Warrant Purchase Agreement (Trega Biosciences Inc)

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