Generally: Certain SBIC Covenants. CIT/VC is a Small Business Investment Company ("SBIC") licensed by the United States Small Business Administration ("SBA"). In order for CIT/VC to acquire and hold the Series B Preferred Stock, it obtained from the Company certain representations and rights as set forth below. As a material inducement to CIT/VC to purchase the Series B Preferred Stock pursuant to the Series B Stock Purchase Agreement, the Company made, and hereby makes the following representations and warranties and agrees to comply with the following covenants:
Appears in 4 contracts
Samples: Stock Purchase Agreement (Diversa Corp), Stockholders' Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)
