Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Initial Shares (excluding amounts paid by the Company for legal fees, finder's fees and escrow agent fees in connection with the sale of the Initial Shares) for general capital purposes and acquisition, but shall not, directly or indirectly, use such proceeds for investment in any other affiliate or to repay debt to affiliates.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Interactive Technologies Com LTD), Common Stock Purchase Agreement (Avanir Pharmaceuticals), Common Stock Purchase Agreement (Eurotech LTD)
Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Initial Shares (excluding amounts paid by the Company for legal fees, finder's fees and escrow agent fees in connection with the sale of the Initial Shares) for general capital purposes and acquisitionacquisitions, but shall not, directly or indirectly, use such proceeds for investment in any other affiliate or to repay debt to affiliates.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Eurotech LTD), Common Stock Purchase Agreement (Eurotech LTD)
Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Initial Shares (excluding amounts paid by the Company for legal fees, finder's fees and escrow agent fees in connection with the sale of the Initial Shares) for general capital purposes and acquisitionacquisitions (including payments associated with the Company's acquisition of certain technology from BHP Minerals International), but shall not, directly or indirectly, use such proceeds for investment in any other affiliate or to repay debt to affiliates.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Altair International Inc)
Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Initial Shares (excluding amounts paid by the Company for legal fees, finder's fees and escrow agent fees in connection with the sale of the Initial Shares) for general working capital purposes and acquisitionother corporate purposes, including possible acquisitions, joint ventures and other strategic relationships, but shall not, directly or indirectly, use such proceeds for investment in any other affiliate or to repay debt to affiliatesany affiliate (other than a subsidiary, joint venture or other entity in which the Company has an equity interest).
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Chequemate International Inc)
