Activities and Proceeds. (i) Neither the Company nor any of its Affiliates will engage in any activities or use directly or indirectly the proceeds from the Debenture for any purpose for which a SBIC prohibited from providing funds by the SBIC Act, including 13 C.F.R. ss.107.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Maverick Oil & Gas, Inc.), Securities Purchase Agreement (AFG Enterprises USA, Inc.), Securities Purchase Agreement (BPK Resources Inc)
Activities and Proceeds. (i) Neither the Company nor any of its Affiliates will engage in any activities or use directly or indirectly the proceeds from the Debenture for any purpose for which a SBIC is prohibited from providing funds by the SBIC Act, including 13 C.F.R. ss.107S107.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Rapid Link Inc), Securities Purchase Agreement (Rapid Link Inc)
Activities and Proceeds. (i) Neither the Company nor any of its Affiliates will engage in any activities or use directly or indirectly the proceeds from the Debenture for any purpose for which a SBIC is prohibited from providing funds by the SBIC Act, including 13 C.F.R. ss.107§107.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Zone Mining LTD), Securities Purchase Agreement (Uni-Pixel)
Activities and Proceeds. (i) Neither the Company nor any of its Affiliates will engage in any activities or use directly or indirectly the proceeds from the Debenture for any purpose for which a SBIC prohibited from providing funds by the SBIC Act, including 13 C.F.R. ss.107ss. 107.
Appears in 1 contract
