Common use of Discretion in Application of Proceeds Clause in Contracts

Discretion in Application of Proceeds. In order to accommodate changing circumstances, the Company's management may allocate the proceeds of this financing in accordance with its needs and operation. Subject to the supervision of the Board of Directors, the Company's management will be given discretion in the application of the proceeds.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Jade Global Holdings, Inc.), Stock Purchase Agreement (Inscrutor Inc), Stock Purchase Agreement (Maxlife Fund Corp.)

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Discretion in Application of Proceeds. In order to accommodate changing circumstances, the Company's management may allocate the proceeds of this financing in accordance with its needs and operation. Subject to the supervision of the Board of Directors, the Company's management will be given give discretion in the application of the proceeds.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Healthcare Corp of America), Stock Purchase Agreement (Healthcare Corp of America), Stock Purchase Agreement (Healthcare Corp of America)

Discretion in Application of Proceeds. In order to accommodate changing circumstances, the The Company's current management may allocate the proceeds of this financing in accordance with its needs and operation. Subject to the supervision of the Board of Directors, the Company's management will be given discretion in the application of the proceeds.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Electronic Kourseware International, Inc.), Stock Purchase Agreement (Electronic Kourseware International, Inc.)

Discretion in Application of Proceeds. In order to accommodate changing circumstances, the Company's ’s management may allocate the proceeds of this financing in accordance with its needs and operation. Subject to the supervision of the Board of Directors, the Company's ’s management will be given discretion in the application of the proceeds.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jade Global Holdings, Inc.)

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Discretion in Application of Proceeds. In order to accommodate changing circumstances, the Company's management may allocate the proceeds of this financing in accordance with its needs and operation. Subject to the supervision of the Board of Directors, the . The Company's management will be given give discretion in the application of the proceeds.

Appears in 1 contract

Samples: Stock Purchase  agreement (Healthcare Corp of America)

Discretion in Application of Proceeds. In order to accommodate changing circumstances, the Company's management may allocate the proceeds of this financing fmancing in accordance with its needs and operation. Subject to the supervision of the Board of Directors, the Company's management will be given discretion in the application of the proceeds.

Appears in 1 contract

Samples: Stock Purchase Agreement (Healthcare Corp of America)

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