Common use of Disclosure of Fundraising Clause in Contracts

Disclosure of Fundraising. The Purchaser shall disclose to the Seller any fund raising activities, which shall occur prior to the Closing. Further, the Purchaser shall assure that all regulations, rules and laws governing such fundraising are complied with and that such funds will only be used in the furtherance of the Purchaser’s corporate purpose and business plan. Prior written approval of the Seller shall be required to use funds for any other purposes.

Appears in 6 contracts

Samples: Acquisition Agreement (Andain, Inc.), Acquisition Agreement (Andain, Inc.), Acquisition Agreement (Andain, Inc.)

AutoNDA by SimpleDocs

Disclosure of Fundraising. The Purchaser shall disclose to the The Seller any fund raising activities, which shall occur prior to the Closing. Further, the Purchaser shall assure that all regulations, rules and laws governing such fundraising are complied with and that such funds will only be used in the furtherance of the Purchaser’s corporate purpose and business plan. Prior written approval of the Seller shall be required to use funds for any other purposes.

Appears in 2 contracts

Samples: Acquisition Agreement (Andain, Inc.), Acquisition Agreement (Andain, Inc.)

Disclosure of Fundraising. The Purchaser shall disclose to the Seller Impact any fund raising activities, which shall occur prior to the Closing. Further, the Purchaser shall assure that all regulations, rules and laws governing such fundraising are complied with and that such funds will only be used in the furtherance of the Purchaser’s 's corporate purpose and business plan. Prior written approval of the Seller Shareholder shall be required to use funds for any other purposes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Andain, Inc.)

AutoNDA by SimpleDocs

Disclosure of Fundraising. The Purchaser Shareholder shall disclose to the Seller Purchaser any fund raising activities, which shall occur prior to the Closing. Further, the Purchaser Shareholder shall assure that all regulations, rules and laws governing such fundraising are complied with and that such funds will only be used in the furtherance of the Purchaser’s Impact's corporate purpose and business plan. Prior written approval of the Seller shall be Purchaser is required to use funds for any other purposes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Andain, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!