LIMITATION ON ACTIVITIES. The Company will not, and shall not permit any of its 50% or greater owned subsidiaries to, engage in any business or investment activities other than those necessary for, incident to, connected with or arising out of the Company's principal activities in the marketing, multimedia and internet industries.
Appears in 7 contracts
Samples: Note Purchase Agreement (Genesisintermedia Com Inc), Note Purchase Agreement (Genesisintermedia Com Inc), Note Purchase Agreement (Genesisintermedia Com Inc)
LIMITATION ON ACTIVITIES. The Company will shall not, and shall not permit any of its 50% or greater owned subsidiaries to, engage in any business or investment activities other than those necessary for, incident to, connected with or arising out of the Company's principal activities in the marketing, multimedia and internet industriestelecommunications industry.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Telscape International Inc), Securities Purchase Agreement (Telscape International Inc)
