Common use of PERSONAL HOLDING COMPANY; CONTROL OF RELATED BUSINESSES Clause in Contracts

PERSONAL HOLDING COMPANY; CONTROL OF RELATED BUSINESSES. The Stockholder does not own the shares of Company Capital Stock, directly or indirectly, beneficially or of record, through a personal holding company. The Stockholder does not control another business that is in the same or similar line of business as the Company or that has or is engaged in transactions with the Company except transactions in the ordinary course of business.

Appears in 8 contracts

Samples: Merger Agreement (Universal Document MGMT Systems Inc), Merger Agreement (Universal Document MGMT Systems Inc), Merger Agreement (Universal Document MGMT Systems Inc)

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PERSONAL HOLDING COMPANY; CONTROL OF RELATED BUSINESSES. The Stockholder does not own the his shares of Company Target Capital Stock, directly or indirectly, beneficially or of record, through a personal holding company. The Stockholder does not control another business that is in the same or similar line of business as the Company Target or that has or is engaged in transactions with the Company Target except transactions in the ordinary course Ordinary Course of businessBusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fbo Air, Inc.)

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