Common use of Rights of the Corporation Clause in Contracts

Rights of the Corporation. The Corporation shall not be required to (i) transfer on its books any Shares that have been sold or transferred in contravention of this Agreement or (ii) treat as the owner of Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Shares have been transferred in contravention of this Agreement.

Appears in 6 contracts

Samples: Loan and Security Agreement (Skystream Networks Inc), Stock Issuance Agreement (Sulphco Inc), Stock Issuance Agreement (Sulphco Inc)

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Rights of the Corporation. The Corporation shall not be required to (i) transfer on its books any Purchased Shares that have been sold or transferred in contravention of this Agreement or (ii) treat as the owner of Purchased Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Purchased Shares have been transferred in contravention of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Formica Corp)

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