Common use of Rights of Investors Clause in Contracts

Rights of Investors. Each Holder of Notes 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 Note or share of Common 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 such securities with respect to exercising or refraining from exercising any such right or rights.

Appears in 3 contracts

Samples: Subscription and Purchase Agreement (Renaissance Entertainment Corp), Subscription and Purchase Agreement (Renaissance Entertainment Corp), Subscription and Purchase Agreement (Renaissance Entertainment Corp)

AutoNDA by SimpleDocs

Rights of Investors. Each Holder holder of Notes and Warrants 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 Note or share of Common StockNotes and Warrants, 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 such securities capital stock of the Company with respect to exercising or refraining from exercising any such right or rights.

Appears in 2 contracts

Samples: Convertible Promissory Note and Warrant Purchase Agreement (Primis Inc), Convertible Promissory Note and Warrant Purchase Agreement (Primis Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!