Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner that neither the Company nor any Subsidiary shall become an "investment company" within the meaning of the Investment Company Act.
Appears in 15 contracts
Samples: Securities Purchase Agreement (Popmail Com Inc), Securities Purchase Agreement (Wareforce Com Inc), Securities Purchase Agreement (Precept Business Services Inc)
Exemption from Investment Company Act. The Company shall conduct its business, and business so that it shall cause the Subsidiaries to conduct their businesses, in such a manner that neither the Company nor any Subsidiary shall not become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Sedona Corp), Common Stock Purchase Agreement (American Bio Medica Corp)
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner business so that neither the Company nor any Subsidiary of its Subsidiaries shall become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 1 contract
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner business so that neither the Company nor any Subsidiary shall not become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 1 contract
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in such a manner business so that neither the Company nor any Subsidiary of its subsidiaries shall become an "investment company" within the meaning of the Investment Company ActAct of 1940, as amended.
Appears in 1 contract
