Common use of Operating Capital Clause in Contracts

Operating Capital. It is hereby agreed that Seller shall be provided sufficient operating capital to achieve certain milestones as per a pre-approved budget. Budget and milestones must be mutually agreed upon prior to Acquisition.

Appears in 4 contracts

Samples: Letter of Intent (Network Cn Inc), Letter of Intent, Letter of Intent (Trend Technology Corp)

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Operating Capital. It is hereby agreed that Seller shall be provided sufficient operating capital to achieve certain milestones as per a pre-approved budget. Budget and milestones must be mutually agreed upon prior to Acquisition.budget attached hereto as Exhibit A.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eworld Interactive, Inc.)

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