Common use of Stockholder Status Clause in Contracts

Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder of the Borrower with respect to the shares of Common Stock to be received by Holder after delivery by the Holder of a Conversion Notice to the Borrower regardless of whether physical certificates shall have been delivered.

Appears in 6 contracts

Samples: Thermoenergy Corp, Thermoenergy Corp, Thermoenergy Corp

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Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder stockholder of the Borrower with respect to the shares of Common Stock Shares to be received by Holder after delivery by the Holder of a Conversion Notice to the Borrower regardless of whether physical certificates shall have been deliveredBorrower.

Appears in 3 contracts

Samples: Brekford International Corp., Brekford International Corp., Brekford International Corp.

Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower Company with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder stockholder of the Borrower Company with respect to the shares of Common Stock to be received by Holder after delivery by the Holder of a Conversion Notice to the Borrower regardless of whether physical certificates shall have been deliveredCompany.

Appears in 2 contracts

Samples: American Dairy Inc, American Dairy Inc

Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder stockholder of the Borrower with respect to the shares Shares of Common Preferred Stock to be received by Holder after delivery by the Holder of a Conversion Notice to the Borrower regardless of whether physical certificates shall have been deliveredBorrower.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Voip Inc), WQN, Inc.

Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower Company with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder stockholder of the Borrower Company with respect to the shares Shares of Common Stock to be received by Holder after delivery by the Holder of a Notice of Conversion Notice to the Borrower regardless of whether physical certificates shall have been deliveredCompany.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Attitude Drinks Inc.), Asset Purchase Agreement (Attitude Drinks Inc.)

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Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower Company with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder stockholder of the Borrower Company with respect to the shares of Common Stock to be received by Holder after delivery by the Holder of a Conversion Notice of Conversion, together with this note, to the Borrower regardless Company in compliance with the provisions of whether physical certificates shall have been deliveredArticle II.

Appears in 1 contract

Samples: Yi Xin International Copper, Inc.

Stockholder Status. The Holder shall not have rights as a stockholder of the Borrower with respect to unconverted portions of this Note. However, from and after the Conversion Date, the Holder will have all the rights of a shareholder stockholder of the Borrower with respect to the shares Shares of Common Preferred Stock to be received by Holder after delivery by the Holder of a Conversion Notice to the Borrower regardless of whether physical certificates shall have been delivered.Borrower. Exhibit B β€” pg. 10

Appears in 1 contract

Samples: Asset Purchase Agreement (WQN, Inc.)

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