Common use of NO RIGHTS OR LIABILITIES AS STOCKHOLDERS Clause in Contracts

NO RIGHTS OR LIABILITIES AS STOCKHOLDERS. This Warrant shall not entitle the holder thereof to any of the rights of a stockholder of the Company, except as expressly contemplated herein. No provision of this Warrant, in the absence of the actual exercise of such Warrant and receipt by the holder thereof of Common Stock issuable upon such conversion, shall give rise to any liability on the part of such holder as a stockholder of the Company, whether such liability shall be asserted by the Company or by creditors of the Company.

Appears in 17 contracts

Samples: Securities Issuance Agreement (Recoton Corp), Recoton Corp, Recoton Corp

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NO RIGHTS OR LIABILITIES AS STOCKHOLDERS. This Warrant shall not entitle the holder thereof hereof to any of the rights of a stockholder of the Company, except as expressly contemplated herein. No provision of this Warrant, in the absence of the actual exercise of such Warrant and receipt by the holder thereof of Common Warrant Stock issuable upon such conversionexercise, shall give rise to any liability on the part of such holder as a stockholder of the Company, whether such liability shall be asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: Reserved Shares Agreement (Crown Crafts Inc), Registration Rights Agreement (Crown Crafts Inc)

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NO RIGHTS OR LIABILITIES AS STOCKHOLDERS. This Warrant shall not entitle the holder thereof to any of the rights of a stockholder of the Company, except as expressly contemplated herein. No provision of this Warrant, in the absence of the actual exercise of such Warrant and receipt by the holder thereof of Common Preferred Stock issuable upon such conversion, shall give rise to any liability on the part of such holder as a stockholder of the Company, whether such liability shall be asserted by the Company or by creditors of the Company.

Appears in 2 contracts

Samples: Amendment Agreement (Midland States Bancorp, Inc.), Amendment Agreement (Midland States Bancorp, Inc.)

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