Common use of Interests in Other Entities Clause in Contracts

Interests in Other Entities. Seller, directly or indirectly, (a) does not own, of record or beneficially, any shares of voting stock or any other equity securities of any Person; (b) has no other ownership or equity or debt interest, of record or beneficially, in any Person; and (c) has no obligation or right, fixed or contingent, to purchase or subscribe for any interest in, advance or loan monies to, or in any way make an investment in, any Person or to share any profits or capital investments in any other Person.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Digital Cinema Destinations Corp.), Asset Purchase Agreement (Digital Cinema Destinations Corp.), Asset Purchase Agreement (Digital Cinema Destinations Corp.)

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Interests in Other Entities. Seller, directly or indirectly, (a) does not own, of record or beneficially, any shares of voting stock or any other equity securities of any Person; (b) has no other ownership or equity or debt interest, of record or beneficially, in any Person; , and (c) has no obligation or right, fixed or contingent, to purchase or subscribe for any interest in, advance or loan monies to, or in any way make an investment in, any Person or to share any profits or capital investments in any other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Cinema Destinations Corp.)

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Interests in Other Entities. SellerSeller does not (i) own, directly or indirectly, (a) does not own, of record or beneficially, any shares of voting stock or any other equity securities of any Person; corporation, (bii) has no other have any ownership interest, direct or equity or debt interestindirect, of record or beneficially, in any Person; and unincorporated entity, or (ciii) has no obligation have any obligation, direct or rightindirect, fixed present or contingent, to purchase or subscribe for any interest in, advance or loan monies to, or in any way make an investment investments in, any Person person or entity, or to share any profits or capital investments in any other Personpersons or entities, or both.

Appears in 1 contract

Samples: Asset Purchase Agreement (Stephan Co)

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