Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner that neither the Company nor any Subsidiary shall become an "investment company" within the meaning of the Investment Company Act.
Appears in 15 contracts
Samples: Securities Purchase Agreement (Precept Business Services Inc), Securities Purchase Agreement (Inforetech Wireless Technology Inc), Securities Exchange Agreement (Chell Group Corp)
Exemption from Investment Company Act. The Company shall conduct its business, and business so that it shall cause the Subsidiaries to conduct their businesses, in such a manner that neither the Company nor any Subsidiary shall not become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 2 contracts
Samples: Series B Convertible Preferred Stock Purchase Agreement (Sedona Corp), Common Stock Purchase Agreement (American Bio Medica Corp)
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner so that neither the Company nor any Subsidiary shall become an "investment company" within the meaning of the Investment Company Act.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Compositech LTD), Securities Purchase Agreement (Innovative Gaming Corp of America)
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner business so that neither the Company nor any Subsidiary of its subsidiaries shall become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 1 contract
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner business so that neither the Company nor any Subsidiary of its Subsidiaries shall become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 1 contract
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner business so that neither the Company nor any Subsidiary shall not become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 1 contract
