Common use of Rights Plan Clause in Contracts

Rights Plan. Neither the Company nor any of its Subsidiaries has adopted a shareholder rights plan or similar arrangement relating to accumulations of beneficial ownership of Common Stock or a change in control of the Company. The Company confirms that no provision of such plan will, under any present or future circumstances, delay, prevent or interfere with the performance of any of the Company's obligations under the Transaction Documents and such plan will not be "triggered" by such performance.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Viragen Inc), Securities Purchase Agreement (Genesisintermedia Com Inc), Preferred Stock Investment Agreement (Stan Lee Media Inc)

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Rights Plan. Neither the Company nor any of its Subsidiaries has adopted a shareholder or rights plan or similar arrangement relating to accumulations of beneficial ownership of Common Stock or a change in control of the Company. The Company confirms that no provision of such plan will, under any present or future circumstances, delay, prevent or interfere with the performance of any of the Company's obligations under the Transaction Documents and such plan will not be "triggered" by such performance.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Microware Systems Corp), Securities Purchase Agreement (Netguru Inc), Securities Purchase Agreement (Netguru Inc)

Rights Plan. Neither the Company nor any of its ----------- Subsidiaries has adopted a shareholder rights plan or similar arrangement relating to accumulations of beneficial ownership of Common Stock or a change in control of the Company. The Company confirms that no provision of such plan will, under any present or future circumstances, delay, prevent or interfere with the performance of any of the Company's obligations under the Transaction Documents and such plan will not be "triggered" by such performance.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Constellation 3d Inc), Common Stock Purchase Agreement (Constellation 3d Inc)

Rights Plan. Neither the Company Corporation nor any of its Subsidiaries ----------- has adopted a shareholder rights plan or similar arrangement relating to accumulations of beneficial ownership of Common Stock or a change in control of the CompanyCorporation. The Company Corporation confirms that no provision of such a plan will, under any present or future circumstances, delay, prevent or interfere with the performance of any of the CompanyCorporation's obligations under the Transaction Documents this Agreement and such plan will not be "triggered" by such performance.

Appears in 1 contract

Samples: Option Agreement (Constellation 3d Inc)

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Rights Plan. Neither the Company nor any of its Subsidiaries ----------- has adopted a shareholder rights plan or similar arrangement relating to accumulations of beneficial ownership of Common Stock or a change in control of the Company. The Company confirms that no provision of such a plan will, under any present or future circumstances, delay, prevent or interfere with the performance of any of the Company's obligations under the Transaction Documents and such plan will not be "triggered" by such performance.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Constellation 3d Inc)

Rights Plan. Neither the The Company nor any of its Subsidiaries has not adopted a shareholder rights plan or similar arrangement relating to accumulations of beneficial ownership of Common Stock or a change in control of the Company. The Company confirms that no provision of such plan will, under any present or future circumstances, delay, prevent or interfere with the performance of any of the Company's obligations under the Transaction Documents and such plan will not be "triggered" by such performance.

Appears in 1 contract

Samples: Stock Purchase Agreement (Total Identity Corp)

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