Common use of Additional Securities Law Matters Clause in Contracts

Additional Securities Law Matters. None of the Company or any of its Affiliates (as defined herein), or any Person acting on its or their behalf, has offered to sell or sold any Common Shares by means of any form of general solicitation or general advertising within the meaning of Rule 502(c) under the Securities Act that would subject the issuance and sale of the Shares to the registration provisions of the Securities Act. For purposes hereof, "AFFILIATE" means any Person directly or indirectly controlled by, controlling or under common control with another Person. For purposes of this definition, "CONTROL" means the power to direct the management of the Person in question.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Worldgate Communications Inc)

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