Common use of Disclosure of Fundraising Clause in Contracts

Disclosure of Fundraising. The Stockholders shall disclose to TGLN any fund raising activities, which shall occur prior to the Closing. Further, the Stockholders 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 Sterling’s corporate purpose and business plan. Prior written approval of TGLN is required to use funds for any other purposes.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (TBC Global News Network, Inc.), Purchase and Sale Agreement (TBC Global News Network, Inc.)

AutoNDA by SimpleDocs

Disclosure of Fundraising. The Stockholders TGLN shall disclose to TGLN the Stockholders any fund raising activities, which shall occur prior to the Closing. Further, the Stockholders TGLN 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 SterlingTGLN’s corporate purpose and business plan. Prior written approval of TGLN is the Stockholders shall be required to use funds for any other purposes.. ARTICLE SIX: MUTUAL COVENANTS

Appears in 2 contracts

Samples: Purchase and Sale Agreement (TBC Global News Network, Inc.), Purchase and Sale Agreement (TBC Global News Network, Inc.)

Disclosure of Fundraising. The Stockholders shall disclose to TGLN any fund raising activities, which shall occur prior to the Closing. Further, the Stockholders 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 Sterling’s 's corporate purpose and business plan. Prior written approval of TGLN is required to use funds for any other purposes.

Appears in 1 contract

Samples: Purchase and Sale Agreement (TBC Global News Network, Inc.)

AutoNDA by SimpleDocs

Disclosure of Fundraising. The Stockholders TGLN shall disclose to TGLN the Stockholders any fund raising activities, which shall occur prior to the Closing. Further, the Stockholders TGLN 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 Sterling’s TGLN's corporate purpose and business plan. Prior written approval of TGLN is the Stockholders shall be required to use funds for any other purposes.. ARTICLE SIX: MUTUAL COVENANTS

Appears in 1 contract

Samples: Purchase and Sale Agreement (TBC Global News Network, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.