Common use of Minor Investments Clause in Contracts

Minor Investments. Notwithstanding the provisions of Section 5.7.1(a) above, a Shareholder may at any time own in the aggregate, directly or indirectly, for investment purposes only, 5% or less of any class of securities of any entity traded on any national securities exchange or quoted on the Nasdaq that engages in a Competitive Business.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Xedar Corp), Stock Purchase Agreement (Xedar Corp)

AutoNDA by SimpleDocs

Minor Investments. Notwithstanding the provisions of Section 5.7.1(a) above, a Shareholder the Shareholders and their Affiliates may at any time own in the aggregate, directly or indirectly, for investment purposes only, 5% or less of any class of securities of any entity traded on any national securities exchange or quoted on the Nasdaq that engages in a Competitive BusinessNational Market.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sutter Holding Co Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!