Common use of Financings Clause in Contracts

Financings. Promptly, fully and in detail, inform all of the members of the Board of Directors of any discussions, offers or contracts relating to possible financings of any material nature for the Company or any Subsidiary, whether initiated by the Company, any Subsidiary or any other Person.

Appears in 4 contracts

Samples: Contribution Agreement (Mortgage Com Inc), Transfer Restriction Agreement (Telebanc Financial Corp), Stock Purchase Agreement (Mortgage Com Inc)

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Financings. Promptly, fully and in detail, inform all of the members of the Board of Directors of any discussions, offers or contracts relating to possible financings of any material nature for the Company or any Subsidiary, whether initiated by the Company, any Subsidiary or any other Person. 5.04.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Paula Financial)

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Financings. Promptly, fully and in detail, inform all of the members of the Board of Directors of any discussions, offers or contracts relating to possible financings of any material nature for the Company or any Subsidiary, whether initiated by the Company, any Subsidiary or any other PersonPerson and cause any such financing to be approved by at least two-thirds of the members of the Board of Directors.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Paula Financial)

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