Common use of Issuance of Permit Clause in Contracts

Issuance of Permit. The California Department of Corporations shall have issued a Permit under Section 25121 of the California Corporate Securities Law of 1968, as amended (the "California Securities Law"), covering the issuance of the Parent Common Stock following a hearing as to the fairness of the Merger conducted pursuant to Section 25142 of the California Securities Law.

Appears in 1 contract

Samples: Employment Agreement (Ednet Inc)

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Issuance of Permit. The California Department of Corporations shall have issued a Permit under Section 25121 of the California Corporate Securities Law of 1968, as amended (the "California Securities Law")amended, covering the issuance of the Parent Rogue Wave Common Stock following a hearing as to the fairness of the Merger conducted pursuant to Section 25142 of the California Securities Law.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Rouge Wave Software Inc)

Issuance of Permit. The California Department of Corporations ------------------ shall have issued a Permit permit under Section 25121 of the California Corporate Securities Law of 1968, as amended (the "California Securities Law")amended, covering the issuance of the Parent Common Stock Purchase Shares following a fairness hearing as to the fairness of the Merger conducted pursuant to Section 25142 of the California Corporate Securities Law.

Appears in 1 contract

Samples: Asset Purchase Agreement (P-Com Inc)

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Issuance of Permit. The California Department of Corporations shall have issued a Permit permit under Section 25121 of the California Corporate Securities Law of 1968, as amended (the "California Securities Law")amended, covering the issuance of the Parent Avant! Common Stock and the assumption of securities following a hearing as to the fairness of the Merger conducted pursuant to Section 25142 of the California Corporate Securities Law.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Avant Corp)

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