Small Business Matters. Neither the Company nor any Subsidiary: ---------------------- (a) presently engages in, and none of them shall hereafter engage in, any activities, or (b) shall use directly or indirectly the proceeds from the sale of the Securities for any purpose, which, in either case, a SBIC is prohibited from engaging in or providing funds for by the SBIC Act and the regulations thereunder (including Title 13, Code of Federal Regulations, Section 107.720).
Appears in 2 contracts
Samples: Preferred Stock Repurchase and Issuance Agreement (Triton PCS Inc), Preferred Stock Purchase Agreement (Triton Management Co Inc)
Small Business Matters. Neither the Company nor any Subsidiary: ---------------------- (a) presently engages in, and none of them shall hereafter engage in, any activities, or (b) shall use directly or indirectly the proceeds from the sale of the Securities for any purpose, which, in either case, a SBIC is prohibited from engaging in or providing funds for by the SBIC Act and the regulations thereunder Regulations (including Title 13, Code of Federal Regulations, Section 107.720).
Appears in 2 contracts
Samples: Norfolk Preferred Stock Purchase Agreement (Triton PCS Inc), Norfolk Preferred Stock Purchase Agreement (Triton PCS Holdings Inc)
Small Business Matters. Neither the Company nor any Subsidiary: (i) ---------------------- (a) presently engages in, and none of them shall hereafter engage in, any activities, or (bii) shall use directly or indirectly the proceeds from the sale of the Securities for any purpose, which, in either case, a SBIC is prohibited from engaging in or providing funds for by the SBIC Act and the regulations thereunder (including Title 13, Code of Federal Regulations, Section 107.720).
Appears in 2 contracts
Samples: Puerto Rico Stock Purchase Agreement (Telecorp PCS Inc), Stock Purchase Agreement (Telecorp PCS Inc)
Small Business Matters. Neither the Company nor any ---------------------- Subsidiary: ---------------------- (a) presently engages in, and none of them shall hereafter engage in, any activities, or (b) shall use directly or indirectly the proceeds from the sale of the Securities for any purpose, which, in either case, a SBIC is prohibited from engaging in or providing funds for by the SBIC Act and the regulations thereunder (including Title 13, Code of Federal Regulations, Section 107.720).
Appears in 1 contract
Samples: Triton PCS Holdings Inc
