Common use of Shareholders Rights Plan Clause in Contracts

Shareholders Rights Plan. Neither the consummation of the transactions contemplated hereby nor the issuance of the Underlying Shares will cause the Purchasers to be deemed an "Acquiring Person" under any existing or hereafter adopted shareholders rights plan or similar arrangement.

Appears in 6 contracts

Sources: Convertible Preferred Stock Purchase Agreement (E Digital Corp), Convertible Preferred Stock and Common Stock Warrant Purchase Agreement (Sysview Technology, Inc.), Convertible Preferred Stock Purchase Agreement (E Digital Corp)

Shareholders Rights Plan. Neither the consummation of the transactions contemplated hereby nor the issuance of the Underlying Shares will cause the Purchasers to be deemed an "β€œAcquiring Person" ” under any existing or hereafter adopted shareholders rights plan or similar arrangement.

Appears in 1 contract

Sources: Convertible Preferred Stock Purchase Agreement (E Digital Corp)

Shareholders Rights Plan. Neither the consummation of the transactions contemplated hereby nor the issuance of the Underlying Shares will cause the Purchasers to be deemed an "Acquiring Person" under any existing or hereafter adopted the Company's shareholders rights plan or similar arrangementplan.

Appears in 1 contract

Sources: Securities Purchase Agreement (Chromatics Color Sciences International Inc)