Rights of the Investor. Subject to the terms and conditions of this Agreement, the Investor 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, 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 Class A Common Stock with respect to exercising or refraining from exercising any such right or rights.
Rights of the Investor. 8.12.1 Upon the occurrence and continuance of an event of default the Investor may require VMN to assemble the Collateral and make it available to the Investor at the place to be designated by the Investor which is reasonably convenient to both parties. The Investor may sell all or any part of the Collateral as reasonably necessary to satisfy VMN's obligations hereunder to Investor, as a whole or in parcels wither by public auction, private sale, or any other reasonable method of disposition. Nothing in this Section 8.12.1 shall be construed to limit any other of Investor's rights in connection with any and all of the Collateral as provided herein. The Investor may bid at any public sale on all or any portion of the Collateral. Unless the Collateral is perishable or threatens to rapidly decline in value or is of the type customarily sold on a recognized market, the Investor shall give VMN reasonable notice of the time and place of any public sale, or of the time after which any private sale or other disposition of the Collateral is to be made, and notice given at least 10 days before the time of the sale or other disposition shall be conclusively presumed to be reasonable. A public sale in the following fashion shall be conclusively presumed to be reasonable:
8.12.2 Notice shall be given at least 10 days before the date of sale by mail to VMN and publication once in a newspaper of general circulation published in the county in which the sale is to be held;
8.12.3 The sale shall be held in a county in which the Collateral or any part is located or in a county in which VMN has a place of business;
8.12.4 Payment shall be in cash or by certified check immediately following the close of the sale;
8.12.5 The sale shall be by auction, but it need not be by a professional auctioneer; and
8.12.6 The Collateral may be sold as is and without any preparation for sale.
Rights of the Investor. Nothing contained in this Agreement shall be construed as conferring upon the Investor, by virtue of the Contingent Payment Right, the right to vote or to consent or to receive notice as a stockholder or member of the Company, NMI or any of their respective subsidiaries, as applicable, or any rights or obligations of any kind or nature whatsoever as a stockholder or member of the Company, NMI or any of their respective subsidiaries, as applicable, either at law or in equity. The rights of the Investor and the obligations of the Company, NMI, their Affiliates and their respective officers, directors and controlling Persons are contract rights limited to those expressly set forth in this Agreement.
Rights of the Investor. The Investor shall not, by virtue of this Warrant alone, be entitled to any rights of a stockholder in the Company, either at law or in equity, and the rights of the Investor with respect to or arising under this Warrant are limited to those expressed in this Warrant and are not enforceable against the Company except to the extent set forth herein.
Rights of the Investor. 6.1 The Second Round Investor Shares shall have full voting rights pursuant to this Agreement and the Company's articles of incorporation, and shall be evidenced by share certificates in non-bearer form delivered to the Investor by the Company.
Rights of the Investor. Each holder of the Shares 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 Shares, 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 the Shares with respect to exercising or refraining from exercising any such right or rights. [REMAINDER OF PAGE INTENTIONALLY BLANK]
Rights of the Investor. The Investor shall not, solely by virtue of this Warrant and prior to the issuance of the Warrant Shares upon due exercise of this Warrant, be entitled to any rights of a stockholder of Chrysalis.
Rights of the Investor.
9.1 Re-statement of Articles
9.1.1 After the Completion, if the Listing does not occur till the Listing Due Date, the Company shall re-state its articles of association (which shall be in Agreed Form), within a period of 30 (thirty) days form the Listing Due Date to include the relevant Investor rights set out in this Agreement.
Rights of the Investor. 8.1 Transfer limit
(1) Restriction on equity: No matter whether there are other stipulations, from the day when the Investor would pay in full the amount for Equity Transfer and Capital Increase , actual controllers and / or existing shareholders may not transfer any equity held in the Company to any competitors of the Company, unless the Investor otherwise agrees in writing.
(2) Right of pre-emption:
(i) Since the day when the Investor has become the Company’s shareholder (the content and format as listed in Appendix 4 — list of shareholders), any shareholder (hereinafter referred to as the "transferor") may sell all or part of its equity held in the Company (hereinafter referred to as the "equity for sale")to any third party other than the shareholder (hereinafter referred to as the "transferee"), however, the transfer shall be subject to the article 8.1(1), 8.1(2), 8.1(3) under this Agreement.
(ii) The transferor shall give a written notice about the equity transfer to other shareholders (hereinafter referred to as the “Notice of Transfer”) which indicates (a) Name of the transferor and the transferee; (b) Amount for proposed transfer of the equity (c) Transfer price of the equity for sale and (d) Other terms and conditions for the equity for sale
(iii) Within twenty (20) working days after the delivery of Notice of Transfer to other shareholders (hereinafter referred to as the “exercise period of right of pre-emption”), other shareholder(s) (hereinafter referred to as the " shareholder for the purpose other than equity transfer) has the right but not obligation to exercise pre-emptive right to purchase all or part of the equity for sale (hereinafter referred to as the "right of pre-emption”). If any shareholder for the purpose other than equity transfer requests to exercise right of pre-emption, then he/she/it shall give a written reply to other shareholders within the exercise period of right of pre-emption, indicating the number of equities purchased, provided that such number of equity purchased may not exceed the number of equity obtained from the following formula calculation: Number of equity for sale should be multiplied by number of equity held by the shareholders, exercising right of pre-emption, for the purpose other than equity transfer, and divided by the sum of the number of equity held by the shareholders for the purpose other than equity transfer; If the shareholder for the purpose other than equity transfer gives up exercising the right...
Rights of the Investor
