Common use of Operating Company Clause in Contracts

Operating Company. Immediately following each Closing, the ----------------- Corporation will be primarily engaged in the production or sale of a product or service other than the investment of capital within the meaning of Department of Labor Regulation Sections 2510.3-101(c), (d) or (e).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Tellium Inc), Stock Purchase Agreement (Tellium Inc), Stock Purchase Agreement (Tellium Inc)

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Operating Company. Immediately following each the Closing, the ----------------- Corporation Company will be primarily engaged engaged, directly or through its Subsidiaries, in the production or sale of a product or service other than the investment of capital within the meaning of Department of Labor Regulation Sections ss. 2510.3-101(c101 (c), (d) or (e).

Appears in 1 contract

Samples: Securities Purchase Agreement (Recovery Engineering Inc)

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