Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Common Stock (excluding amounts paid by the Company for legal fees and finder's fees in connection with the sale to Purchaser) but shall not, directly or indirectly, use such proceeds for investment in any other affiliate or to repay debt to affiliates.
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Samples: Form of Common Stock Purchase Agreement (3si Holdings Inc), Form of Common Stock Purchase Agreement (World Shopping Network Inc/Nv), Common Stock Purchase Agreement (Econnect)
Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Common Stock (excluding amounts paid by the Company for legal fees and finder's fees in connection with the sale to Purchaser) but shall not, directly or indirectly, use such proceeds for investment in any other affiliate Affiliate or to repay debt to affiliatesAffiliates.
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Use and Disposition of Proceeds. The Company will use the proceeds from the sale of the Common Stock (excluding amounts paid by the Company for legal fees and finder's fees in connection with the sale to Purchaser) for general corporate purposes, but shall not, directly or indirectly, use such proceeds for investment in any other affiliate Affiliate or to repay debt to affiliatesAffiliates.
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