Common use of No Rights of a Shareholder Clause in Contracts

No Rights of a Shareholder. Nothing contained in this Note shall be construed as conferring upon the Holder or any other person the right to vote or consent or to receive notice as a shareholder in respect of meetings of shareholders for the election of directors of the Company or any other matters or any rights whatsoever as a shareholder of the Company prior to the time that this Note is converted into Conversion Shares pursuant to Section 3.

Appears in 4 contracts

Samples: Asset Acquisition Agreement (Cell-Nique Corp), Subordinated Note (Etelos, Inc.), Securities Purchase Agreement (Light Sciences Oncology Inc)

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No Rights of a Shareholder. Nothing contained in this Note Agreement or the Notes shall be construed as conferring upon the Holder any Senior Lender or any other person the right to vote or consent or to receive notice as a shareholder in respect of meetings of shareholders for the election of directors of the Company or any other matters or any rights whatsoever as a shareholder of the Company prior to the time that this the Note is converted into Conversion Shares Common Stock pursuant to Section 3its terms.

Appears in 2 contracts

Samples: Security Agreement (Crown Resources Corp), Convertible Note Purchase Agreement (Crown Resources Corp)

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