Seller Rights. Except as specifically provided in this Agreement, nothing shall restrict the right, power or ability of Seller to take any action it deems necessary or appropriate to protect its interests, including, without limitation, with respect to any Causes of Action that (i) WCG or any other Person may have against Seller or any of its Affiliates, or (ii) relate to the Claims or the WCG Note.
Seller Rights. Seller is the sole owner of all rights relating to the Subject Properties in the Territory.
Seller Rights. Buyer shall pay each holder of an outstanding option (each, a "Seller Option") or warrant (each, a "Seller Warrant," and collectively with the Seller Options, each a "Seller Right") to acquire a share of Seller Common Stock with an exercise price less than the Per Share Consideration (each an "In-the-Money Seller Right"), upon surrender of the Seller Right, cash (without interest) equal to the Per Share Consideration less the exercise price of the Seller Right per share of Seller Common Stock underlying such Seller Right, less applicable withholding taxes, if any, required to be withheld with respect to such payment. No consideration shall be paid with respect to any Seller Right, the exercise price of which exceeds the Per Share Purchase Price, and Seller shall cause all such Seller Rights to be cancelled as of the Effective Time. The Seller's board of directors and its compensation committee shall not make any grants of Seller Rights following the execution of this Agreement.
Seller Rights. The Seller shall be entitled to put neon sign, hoardings and other display materials and communication equipments with poles/ towers which are not hazardous to health on any part or portion of the roof of the Blocks, the Purchaser hereby consents and waives all rights to enable the Seller to put up such neon sign, hoardings and other display materials and communication equipments with poles/towers which are not hazardous to health and agrees not to raise any objection whatsoever or claim any share in the rent. For the purpose of erection of such neon signs or communication equipments the Seller shall be entitled to use the lifts, stair case, common parts and portions for the purpose of repair, replacement, erection of such hoarding/display materials and the communication equipments.
Seller Rights. Seller hereby agrees and acknowledges that, as of the sale, transfer, assignment or conveyance by Seller of Holdco and the Assets as set forth in this Agreement, Seller’s rights, title and interests with respect to Holdco and such Assets shall terminate.
Seller Rights. 9. The following shall apply with respect to the period of time elapsing between the Effective Date and the Closing Date:
Seller Rights. The right of a Seller to a portion of the Additional Consideration, if any, shall not be represented by a certificate or other instrument, shall not represent an ownership interest in the Purchaser or the New Business Segment and shall not entitle any Seller to any additional rights as a holder of any equity security of the Purchaser, the New Business Segment or any of their Affiliates, unless and until such Additional Consideration is issued (with respect to stock Additional Consideration). In lieu of issuing any fractional shares to which a Seller would otherwise be entitled pursuant to this Section 2.5, any Seller who would otherwise receive a fractional share based on their pro rata percentage of the Additional Consideration shall instead receive the next whole number of Shares to which they would otherwise be entitled under this Section.
Seller Rights. 4.1 Except as expressly provided otherwise herein, each Seller shall at all times retain and have the full and absolute right to exercise all rights and indicia of ownership with respect to the Escrow Shares owned by such Seller, if any, including, without limitation, voting and consensual rights; provided, however, that, except as provided otherwise in Section 1.3 hereof, the Sellers shall have no right to transfer, pledge or encumber or otherwise dispose in any manner whatsoever any Escrow Shares that are held in the Escrow. In accordance with Section 1.1, all dividends or distributions or proceeds in stock or other property issued in respect of the Escrow Shares shall be deposited into the Escrow and become part of the Escrow Fund. If any such shares of Buyer Common Stock are transferred to a Buyer Indemnified Party pursuant to Section 2 above, all rights and indicia of ownership with respect to such shares shall thereupon reside with such Buyer Indemnified Party or any subsequent holder thereof.
