Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries to conduct their businesses, in a manner so that neither the Company nor any Subsidiary shall become an "investment company" within the meaning of the Investment Company Act.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Innovative Gaming Corp of America), Securities Purchase Agreement (Compositech LTD)
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Subsidiaries its subsidiaries to conduct their businesses, in such a manner so that neither the Company nor any Subsidiary such subsidiary shall become an "investment company" within the meaning of the Investment Company Act.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Advanced Optics Electronics Inc), Securities Purchase Agreement (Advanced Optics Electronics Inc)
Exemption from Investment Company Act. The Company shall conduct its business, and shall cause the Material Subsidiaries to conduct their businesses, in a manner so that neither the Company nor any Material Subsidiary shall become an "investment company" within the meaning of the Investment Company Act.
Appears in 1 contract
