Financings. Promptly, fully and in detail, inform all of the members of the Board of Directors of any discussions, offers or contracts relating to possible financings of any material nature for the Company or any Subsidiary, whether initiated by the Company, any Subsidiary or any other Person.
Appears in 5 contracts
Samples: Contribution Agreement (Mortgage Com Inc), Series B Preferred Stock Purchase Agreement (Mortgage Com Inc), Series a Preferred Stock Purchase Agreement (Paula Financial)
Financings. Promptly, fully and in detail, inform all of the members of the Board of Directors in advance of any discussions, offers commitments or contracts relating to possible financings financing of any material nature for the Company or any Subsidiary, whether initiated by the Company, any Subsidiary or any other Personpledge of corporate assets.
Appears in 3 contracts
Samples: Convertible Note and Warrant Purchase Agreement (Photoelectron Corp), Common Stock Purchase Agreement (Aehr Test Systems), Convertible Note and Warrant Purchase Agreement (Photoelectron Corp)
Financings. Promptly, fully and in detail, inform all of the members of the Board of Directors of any discussions, offers or contracts relating to possible financings of any material nature for the Company or any Subsidiary, whether initiated by the Company, any Subsidiary or any other PersonPerson and cause any such financing to be approved by at least two-thirds of the members of the Board of Directors.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Paula Financial)