Federal Laws and Regulations. Borrower is not (i) an “investment company” or a company “controlled”, whether directly or indirectly, by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended; or (ii) engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System).
Appears in 2 contracts
Samples: Note Purchase Agreement (Blue Calypso, Inc.), Bridge Financing Agreement (Jaguar Animal Health, Inc.)
Federal Laws and Regulations. Borrower is not (i) an “investment companyBorrower” or a company Borrower “controlled”, whether directly or indirectly, by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended; or (ii) engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System).
Appears in 2 contracts
Samples: Securities Purchase Agreement (Amarantus Bioscience Holdings, Inc.), Securities Purchase Agreement
Federal Laws and Regulations. Borrower is not (i) an “investment companyBorrower” or a company Borrower “controlled”, whether directly or indirectly, by an “investment companyBorrower”, within the meaning of the Investment Company Borrower Act of 1940, as amended; or (ii) engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System).
Appears in 1 contract
Samples: Bridge Financing Agreement (Intercloud Systems, Inc.)
