Common use of Donations Clause in Contracts

Donations. The Company may donate a reasonable amount of money (in cash or in kind, including the Company’s securities) to worthy purposes, as the Board of Directors may determine in its discretion, even if such donations are not made on the basis or within the scope of business considerations of the Company.

Appears in 3 contracts

Samples: Preferred Shares Purchase Agreement (Pagaya Technologies Ltd.), Preferred Shares Purchase Agreement (Pagaya Technologies Ltd.), Merger Agreement (10X Capital Venture Acquisition Corp)

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Donations. The Company may donate a make donations of reasonable amount of money (in cash or in kind, including the Company’s securities) to worthy purposesamounts, as the Board of Directors may determine in its discretion, to worthy causes, even if such donations are not made on the basis or within the scope framework of business considerations of to maximize the Company’s profits.

Appears in 1 contract

Samples: Business Combination Agreement (Endurance Acquisition Corp.)

Donations. The Company may donate a reasonable amount of money (in cash or in kind, including the Company’s securities) to worthy purposes, purposes as the Board of Directors may determine in its discretion, even if such donations are not made on the basis or within the scope of business considerations of the Company.

Appears in 1 contract

Samples: Business Combination Agreement (MedTech Acquisition Corp)

Donations. The Company may donate a make donations of reasonable amount of money (in cash or in kind, including the Company’s securities) to worthy purposesamounts, as the Board of Directors may determine in its discretion, to worthy causes, even if such donations are not made on the basis or within the scope framework of business considerations of to maximize the Company’s profits.

Appears in 1 contract

Samples: Business Combination Agreement (Leibovitch Yoav)

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Donations. The Company may donate a reasonable amount of money (in cash or in kind, including the Company’s securities) to worthy purposes, as the Board of Directors may determine in its discretion, even if such donations are not made on the basis or within the scope of business considerations of the Company.. SHARE CAPITAL

Appears in 1 contract

Samples: Merger Agreement (EJF Acquisition Corp.)

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