Common use of No Shell Company Clause in Contracts

No Shell Company. The Company is not, nor at any time since February 5, 2010 has the Company been a “shell company,” as such term is defined in paragraph (i)(1)(i) of Rule 144 or Rule 12b-2 of the Exchange Act.

Appears in 1 contract

Samples: Securities Purchase Agreement (Reach Messaging Holdings, Inc.)

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No Shell Company. The Company is not, nor at any time since February 5, 2010 preceding the date hereof has the Company been a “shell company,” as such term is defined in paragraph (i)(1)(i) of Rule 144 or Rule 12b-2 of the Exchange Act, the effect of which would prevent the Holder from selling the Conversion Shares without restriction pursuant to Rule 144 (as hereinafter defined).

Appears in 1 contract

Samples: Securities Purchase Agreement (CSMG Technologies, Inc.)

No Shell Company. The Company is not, nor at any time since February 5, 2010 during the 12 months preceding the date hereof has the Company been a “shell company,” as such term is defined in paragraph (i)(1)(i) of Rule 144 of the Securities Act or Rule 12b-2 of the Exchange Act, the effect of which would prevent the Investor from selling the Shares without restriction pursuant to Rule 144.

Appears in 1 contract

Samples: Purchase Agreement (Blacksands Petroleum, Inc.)

No Shell Company. The Company is not, nor at any time since February 5, 2010 during the 12 months preceding the date hereof has the Company been a “shell company,” as such term is defined in paragraph (i)(1)(i) of Rule 144 of the 1933 Act or Rule 12b-2 of the Exchange ActAct of 1934, the effect of which would prevent the Investor from selling the Securities without restriction pursuant to Rule 144.

Appears in 1 contract

Samples: Purchase Agreement (Sahara Media Holdings, Inc.)

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No Shell Company. The Company is not, nor at any time since February 5, 2010 during the 12 months preceding the date hereof has the Company been a “shell company,” as such term is defined in paragraph (i)(1)(i) of Rule 144 of the Securities Act or Rule 12b-2 of the Exchange ActAct of 1934, the effect of which would prevent the Investor from selling the Shares or Conversion Securities without restriction pursuant to Rule 144.

Appears in 1 contract

Samples: Purchase Agreement (Blacksands Petroleum, Inc.)

No Shell Company. The Company is not, nor at any time since February 5, 2010 during the 12 months preceding the date hereof has the Company been a “shell company,” as such term is defined in paragraph (i)(1)(i) of Rule 144 of the 1933 Act or Rule 12b-2 of the Exchange ActAct of 1934, the effect of which would prevent the Investor from selling the Shares or Liquidated Damage Shares without restriction pursuant to Rule 144.

Appears in 1 contract

Samples: Purchase Agreement (AMBER Ready, Inc)

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