Common use of Right of Action Clause in Contracts

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders of the Warrant Certificates, and any registered Holder of any Warrant Certificate, without the consent of the Holder of any other Warrant Certificate, may, on its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 6 contracts

Samples: Warrant Agreement (Discovery Zone Inc), Warrant Agreement (New World Coffee Manhattan Bagel Inc), Warrant Agreement (Discovery Zone Inc)

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Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders holders of the Warrant Certificates, Warrants and any registered Holder holder of any Warrant CertificateWarrant, without the consent of the Holder holder of any other Warrant CertificateWarrant, may, on in its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced held by such Warrant Certificate it in the manner provided in such Warrant Certificate and in this Warrant Agreementtherein.

Appears in 6 contracts

Samples: Warrant (Mortgage Com Inc), Transfer Restriction Agreement (Telebanc Financial Corp), Warrant (Mortgage Com Inc)

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders holders of the Warrant Certificates, and any registered Holder holder of any Warrant Certificate, without the consent of the Holder holder of any other Warrant Certificate, may, on its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 5 contracts

Samples: Warrant Agreement (Cumulus Media Inc), Warrant Agreement (Suprema Specialties Inc), Warrant Agreement (U S Aggregates Inc)

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders holders of the Warrant CertificatesCertificate, and any registered Holder of any Warrant Certificate, without the consent of the registered Holder of any other Warrant Certificate, may, on in its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Freedom Financial Group Inc), Warrant Agreement (Freedom Financial Group Inc)

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders holders of the Warrant Certificates, and any registered Holder holder of any Warrant Certificate, without the consent of the Holder holder of any other Warrant Certificate, may, on in its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Aquagenix Inc/De), Warrant Agreement (Hutchinson Products Corp)

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders holders of the Warrant Certificates, and any registered Holder holder of any Warrant Certificate, without the consent of the Holder registered holder of any other Warrant Certificate, may, on in its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Prosofttraining Com), Warrant Agreement (Liberman Television Inc)

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders holders of the Warrant Certificates, and any registered Holder holder of any Warrant Certificate, without the consent of the Holder holder of any other Warrant Certificate, may, on its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company MSC to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Marketing Specialists Corp)

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Right of Action. All rights of action in respect of the Contingent Warrants are vested in the respective registered Holders holders of the Warrant Certificates, Contingent Warrants and any registered Holder holder of any Warrant CertificateContingent Warrant, without the consent of the Holder holder of any other Warrant CertificateContingent Warrant, may, on in its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Contingent Warrants evidenced held by such Warrant Certificate it in the manner provided in such Warrant Certificate and in this Warrant Agreementtherein.

Appears in 1 contract

Samples: Transfer Restriction Agreement (Telebanc Financial Corp)

Right of Action. All rights of action in with respect of the Warrants to this Agreement are vested in the respective registered Holders of the Warrant CertificatesWarrants, and any registered Holder of any Warrant CertificateWarrant, without the consent of the Holder Warrant Agent or the Holders of any other Warrant CertificateWarrant, may, on its in his own behalf and for its his own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company Newco suitable to enforce, or otherwise act in respect of, its his right to exercise the his Warrants evidenced by such Warrant Certificate in the manner provided in such the Warrant Certificate representing his Warrants and in this Warrant Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Orionnet Finance Corp)

Right of Action. All rights of action in respect of the --------------- Warrants are vested in the respective registered Holders of the Warrant Certificates, and any registered Holder of any Warrant Certificate, without the consent of the Holder of any other Warrant Certificate, may, on its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Airtran Holdings Inc)

Right of Action. All rights of action in respect of the Warrants are vested in the respective registered Holders of the Warrant Certificates, and any registered Holder of any Warrant Certificate, without the consent of the Holder of any other Warrant Certificate, may, on its own behalf and for its own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company to enforce, or otherwise act in respect of, its right to exercise the Warrants evidenced by such Warrant Certificate in the manner provided in such Warrant Certificate and in this Warrant Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Airtran Holdings Inc)

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