Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACT"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 5 contracts
Samples: Underwriting Agreement (Media & Entertainment Holdings, Inc.), Underwriting Agreement (Media & Entertainment Holdings, Inc.), Underwriting Agreement (Media & Entertainment Holdings, Inc.)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACT"“Investment Company Act”), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "“investment company" ” or a company "“controlled" ” by an "“investment company" ” within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore therefor as described in the Preliminary Prospectus and the Prospectus under the caption "“Use of Proceeds"”, an "“investment company" ” or a person controlled by an "“investment company" ” within the meaning of the Investment Company ActAct . No more than 45% of the "“value" ” (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's ’s total assets (exclusive of cash items and "“Government Securities" ” (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's ’s net income after taxes is derived from, securities other than the Government Securities.
Appears in 4 contracts
Samples: Underwriting Agreement (New Asia Partners China CORP), Underwriting Agreement (New Asia Partners China CORP), Underwriting Agreement (New Asia Partners China CORP)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACT"“Investment Company Act”), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "“investment company" ” or a company "“controlled" ” by an "“investment company" ” within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the the Preliminary Prospectus and the Prospectus under the caption "“Use of Proceeds"”, an "“investment company" ” or a person controlled by an "“investment company" ” within the meaning of the Investment Company Act. No more than 45% of the "“value" ” (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's ’s total assets (exclusive of cash items and "“Government Securities" ” (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's ’s net income after taxes is derived from, securities other than the Government Securities.
Appears in 4 contracts
Samples: Underwriting Agreement (Capital Ten Acquisition Corp.), Underwriting Agreement (New Asia Partners China I Corp), Underwriting Agreement (New Asia Partners China I Corp)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACTInvestment Company Act"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act of 1940 ("Investment Company Act")) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 3 contracts
Samples: Underwriting Agreement (DG Acquisition Corp.), Underwriting Agreement (Ithaka Acquisition Corp), Underwriting Agreement (Ithaka Acquisition Corp)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACTInvestment Company Act"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Registration Statement and the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 3 contracts
Samples: Underwriting Agreement (Inter-Atlantic Financial, Inc.), Underwriting Agreement (Inter-Atlantic Financial, Inc.), Underwriting Agreement (Inter-Atlantic Financial, Inc.)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACT"“Investment Company Act”), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "“investment company" ” or a company "“controlled" ” by an "“investment company" ” within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Registration Statement and the Prospectus under the caption "“Use of Proceeds"”, an "“investment company" ” or a person controlled by an "“investment company" ” within the meaning of the Investment Company Act. No more than 45% of the "“value" ” (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's ’s total assets (exclusive of cash items and "“Government Securities" ” (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's ’s net income after taxes is derived from, securities other than the Government Securities.
Appears in 3 contracts
Samples: Underwriting Agreement (Stone Tan China Acquisition Corp.), Underwriting Agreement (Stone Tan China Acquisition Corp.), Underwriting Agreement (Stone Tan China Acquisition Corp.)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACTInvestment Company Act"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act of 1940 ("Investment Company Act")) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act)) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 2 contracts
Samples: Underwriting Agreement (Coconut Palm Acquisition Corp.), Underwriting Agreement (Coconut Palm Acquisition Corp.)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACT"“Investment Company Act”), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "“investment company" ” or a company "“controlled" ” by an "“investment company" ” within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Preliminary Prospectus and the Prospectus under the caption "“Use of Proceeds"”, an "“investment company" ” or a person controlled by an "“investment company" ” within the meaning of the Investment Company Act. No more than 45% of the "“value" ” (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's ’s total assets (exclusive of cash items and "“Government Securities" ” (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's ’s net income after taxes is derived from, securities other than the Government Securities.
Appears in 1 contract
Samples: Underwriting Agreement (China Evergreen Acquisition Corp.)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACTInvestment Company Act"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore thereof as described in the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act of 1940 ("Investment Company Act")) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 1 contract
Samples: Underwriting Agreement (Courtside Acquisition Corp)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACTInvestment Company Act"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act of 1940 ("Investment Company Act")) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 1 contract
Samples: Underwriting Agreement (Manhattan Maritime Enterprises, Inc.)
Investment Company Act; Investments. The Company has been advised concerning the Investment Company Act of 1940, as amended (the "INVESTMENT COMPANY ACTInvestment Company Act"), and the rules and regulations thereunder and has in the past conducted, and intends in the future to conduct, its affairs in such a manner as to ensure that it will not become an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act and such rules and regulations. The Company is not, nor will the Company become upon the sale of the Units and the application of the proceeds therefore as described in the Preliminary Prospectus and the Prospectus under the caption "Use of Proceeds", an "investment company" or a person controlled by an "investment company" within the meaning of the Investment Company Act. No more than 45% of the "value" (as defined in Section 2(a)(41) of the Investment Company Act) of the Company's total assets (exclusive of cash items and "Government Securities" (as defined in Section 2(a)(16) of the Investment Company Act) consist of, and no more than 45% of the Company's net income after taxes is derived from, securities other than the Government Securities.
Appears in 1 contract
