No Right Clause Examples
The "No Right" clause serves to clarify that a party does not possess certain rights or entitlements under the agreement. In practice, this clause may specify that neither party can claim rights not expressly granted in the contract, such as rights to intellectual property, additional compensation, or continued business relationships. Its core function is to prevent misunderstandings or disputes by making clear that only the rights explicitly stated in the agreement are recognized, thereby ensuring clarity and limiting potential liabilities.
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No Right. The holder of any Warrants shall not be entitled to any of the rights of a shareholder of the Company prior to the date of issuance of the Common Stock by the Company pursuant to an exercise of any Warrant.
No Right. Under This Agreement or Plan to Continued Employment. Nothing contained in this Agreement or the Plan shall confer on Optionee any right to continue to be employed by the Company or any subsidiary thereof, or shall limit the Company’s right to terminate the employment of Optionee at any time; provided, however, that nothing contained in this Agreement shall affect any separate contractual provisions that exist between Optionee and the Company or its subsidiaries with respect to the employment of Optionee.
No Right. Nothing in this Agreement shall confer upon the receiving party any right, title, interest or license in or to any Confidential Information received from the disclosing party, except and to the extent otherwise expressly stated in this Agreement.
No Right. Neither the Plan nor any action taken hereunder shall be construed as giving any Non-Employee Director any right to be retained in the service of the Company.
No Right. The holder of this Convertible Senior Note shall not be entitled to any of the rights of a shareholder of USA prior to the date of issuance of the Common Stock by USA pursuant to any conversion of this Convertible Senior Note or any exercise of the Purchase Rights.
No Right. Except as expressly set forth herein, neither Party is granted any right to the other Party's software or Intellectual Property, even if the software or Intellectual Property is incorporated into any Products or Software. Nothing herein, or in any way related to this Agreement or interaction or non-action or delay between the Parties or their assigns, shall grant, transfer, or cause to be shared, with the other Party, any rights in and to either Party's software, in any form, firmware, designs, component sources and specifications, documentation, or Intellectual 14 Property. This Section 16.3 shall apply, whether or not either Party or any third party products are incorporated in, embedded in, merged with, or otherwise associated with a Party's products. 16.4
No Right. The holder of this Convertible Debenture shall not be entitled to any of the rights of a stockholder of MORO prior to the date of issuance of the Common Stock by MORO pursuant to any conversion of this Convertible Debenture.
No Right. Except as expressly set forth herein, neither Party is granted any right to the other Party's software or Intellectual Property, even if the software or Intellectual Property is incorporated into any Products or Software. Nothing herein, or in any way related to this Agreement or interaction or non-action or delay between the Parties or their assigns, shall grant, transfer, or cause to be shared, with the other Party, any rights in and to either Party's software, in any form, firmware, designs, component sources and specifications, documentation, or Intellectual
No Right. The General Partner does not have the right to withdraw from the Partnership as a general partner. The General Partner agrees that it will not voluntarily withdraw from the Partnership as a general partner within the meaning of Section 6.02(a) of the Partnership Act, and any such voluntary withdrawal shall be a violation of this Agreement. If a General Partner voluntarily withdraws from the Partnership in violation of this covenant, the withdrawal will not be effective until the 90th day following notice of the withdrawal to all other Partners or such later date as the notice may specify.
No Right. CDB, as holder of the Note, shall not be entitled to any of the rights of a shareholder of RED BELL xxxor to the date of issuance of the Common Stock by RED BELL xxxsuant to any conversion of the Note.