Common use of Material Transactions or Affiliations Clause in Contracts

Material Transactions or Affiliations. There are no material contracts or agreements of arrangement between Holdings and any person, who was at the time of such contract, agreement or arrangement an officer, director or person owning of record, or known to beneficially own ten percent (10%) or more of the issued and outstanding Common Shares of Holdings and which is to be performed in whole or in part after the date hereof. Holdings has no commitment, whether written or oral, to lend any funds to, borrow any money from or enter into material transactions with any such affiliated person.

Appears in 4 contracts

Samples: Stock Purchase Agreement and Share Exchange (Eastern Services Holdings, Inc.), Interest Purchase Agreement and Share Exchange (King Capital Holdings Inc), Stock Purchase Agreement and Share Exchange (Wireless Holdings Inc)

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Material Transactions or Affiliations. There are no material contracts or agreements of arrangement between Holdings Corporation and any person, who was at the time of such contract, agreement or arrangement an officer, director or person owning of record, or known to beneficially own ten percent (10%) or more of the issued and outstanding Common Shares of Holdings Corporation and which is to be performed in whole or in part after the date hereof. Holdings Corporation has no commitment, whether written or oral, to lend any funds to, borrow any money from or enter into material transactions with any such affiliated person.

Appears in 1 contract

Samples: Stock Purchase Agreement (Universal Flirts Corp.)

Material Transactions or Affiliations. There are no material contracts or agreements of arrangement between Holdings Capital Ventures and any person, who was at the time of such contract, agreement or arrangement an officer, director or person owning of record, or known to beneficially own ten percent (10%) or more of the issued and outstanding Common Shares of Holdings Capital Ventures and which is to be performed in whole or in part after the date hereof. Holdings Capital Ventures has no commitment, whether written or oral, to lend any funds to, borrow any money from or enter into material transactions with any such affiliated person.

Appears in 1 contract

Samples: Stock Purchase Agreement and Share Exchange (Capital Ventures Group I Inc)

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Material Transactions or Affiliations. There are no material contracts or agreements of arrangement between Holdings and any person, who was at the time of such contract, agreement or arrangement an officer, director or person owning of record, or known to beneficially own ten percent (10%) or more of the issued and outstanding Common Shares of Holdings and which is to be performed in whole or in part after the date hereof. Holdings has no commitment, whether written or oral, to lend any funds to, borrow any money from or enter into material transactions with any such affiliated person.percent

Appears in 1 contract

Samples: Stock Purchase Agreement (MORTGAGEBROKERS.COM Holdings, Inc.)

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