Common use of Not a Shareholder Clause in Contracts

Not a Shareholder. Prior to the conversion of this Note or any portion thereof according to the provisions specified herein, the Holder, in its capacity as an Holder, shall not be entitled to any rights of a shareholder of the Company, including, without limitation, the right to vote or to receive dividends or other distributions, with respect to the Note and the shares issuable upon conversion of the Note.

Appears in 2 contracts

Sources: Subscription Agreement (Motus GI Holdings, Inc.), Subscription Agreement (Motus GI Holdings, Inc.)