Disclosure of Fundraising. TGLN shall disclose to the Stockholders any fund raising activities, which shall occur prior to the Closing. Further, 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 TGLN’s corporate purpose and business plan. Prior written approval of the Stockholders shall be 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.)
Disclosure of Fundraising. TGLN The Stockholders shall disclose to the Stockholders TGLN any fund raising activities, which shall occur prior to the Closing. Further, TGLN 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 TGLNSterling’s corporate purpose and business plan. Prior written approval of the Stockholders shall be 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.)
Disclosure of Fundraising. TGLN shall disclose to the Stockholders any fund raising activities, which shall occur prior to the Closing. Further, 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 TGLN’s 's corporate purpose and business plan. Prior written approval of 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.)
Disclosure of Fundraising. TGLN The Stockholders shall disclose to the Stockholders TGLN any fund raising activities, which shall occur prior to the Closing. Further, TGLN 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 TGLN’s Sterling's corporate purpose and business plan. Prior written approval of the Stockholders shall be TGLN is required to use funds for any other purposes.
Appears in 1 contract
Samples: Purchase and Sale Agreement (TBC Global News Network, Inc.)