Company’s Covenants. The Company shall not cause any funds or assets of the Subsidiary to be paid or transferred to the Company, nor shall the Company cause the Subsidiary to issue any capital stock of any class or series or any options, warrants or rights to acquire capital stock of the Subsidiary whether for additional consideration or on conversion.
Appears in 6 contracts
Samples: Share Purchase and Merger Agreement (Infrared Systems International), Assignment and Assumption (Infrared Systems International), Assignment and Assumption (China Sxan Biotech, Inc.)
Company’s Covenants. The Company shall not cause any funds or assets of the Operating Subsidiary to be paid or transferred to the Company, nor shall the Company cause the Operating Subsidiary to issue any capital stock of any class or series or any options, warrants or rights to acquire capital stock of the Operating Subsidiary whether for additional consideration or on conversion.
Appears in 2 contracts
Samples: Assignment and Assumption (China Software Technology Group Co LTD), Assignment and Assumption (China International Enterprises Corp.)
