Common use of Satisfaction with Inquiries, etc Clause in Contracts

Satisfaction with Inquiries, etc. The Lender shall be satisfied with the results of his inquiries into the Company and its business and affairs, including without limitation the status of all executive employment agreements to which the Company is a party and the status, as outstanding or terminated, of all rights, options and warrants for the purchase of any of the Company's securities that were in the past awarded or purported to be awarded to any executive employee of the Company.

Appears in 3 contracts

Samples: Note Purchase Agreement (Bestnet Communications Corp), Note Purchase Agreement (Bestnet Communications Corp), Note Purchase Agreement (Bestnet Communications Corp)

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Satisfaction with Inquiries, etc. The Lender Lenders shall be satisfied with the results of his their inquiries into the Company and its business and affairs, including without limitation the status of all executive employment agreements to which the Company is a party and the status, as outstanding or terminated, of all rights, options and warrants for the purchase of any of the Company's securities that were in the past awarded or purported to be awarded to any executive employee of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Bestnet Communications Corp)

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