California Permit definition

California Permit has the meaning ascribed to it in Section 1.14.

California Permit means a permit from the California Commission of Corporations obtained pursuant to Section 25121 of the California Corporate Securities Law of 1968.

California Permit has the meaning set forth in Section 2.4(b).

Examples of California Permit in a sentence

• The Company shall cooperate with, and provide information to, Parent in connection with Parent's application for the California Permit.

• The fairness hearing shall have been held by the Commissioner of Corporations of the State of California and the California Permit shall have been issued by the State of California.

• The California Permit has been duly and validly issued, without any qualification or other condition, and is in full force and effect, and no stop order or similar order has been issued which postpones, suspends or revokes its effectiveness or otherwise changes any of the original terms thereof.

• The Company shall cooperate with, and provide information to, Parent in connection with Parent’s application for the California Permit.

• Company and Parent will respond to any comments from the California Department of Corporations and use their commercially reasonable efforts to have the California Permit granted as soon as practicable after such filing.

More Definitions of California Permit

California Permit has the meaning set forth in Section 6.6(a).

California Permit shall have the meaning ascribed to it in Section 5.4. “Cash Portion” shall have the meaning ascribed to it in Section 1.3(b)(i).

California Permit means a permit or permits dated June 15, 2000, issued by the California Department of Corporations under Section 25113 of the California Corporate Securities Law of 1968, as amended, qualifying without any restrictions or conditions on the issuance and sale by the Issuers and Parent of the Securities and the Warrant Shares, respectively, to the Purchaser pursuant to the terms of this Agreement.

California Permit shall have the meaning set forth in Section 4.27.1 of this Agreement.

California Permit shall have the meaning in Section 2.7 (a) hereof

California Permit is defined in Section 7.2.

California Permit means a permit issued by the California Commissioner under Section 25121 of the California Corporations Code (following a hearing upon the fairness of the terms and conditions of the Mergers, conducted pursuant to Section 25142 of the California Corporations Code) for the issuance of the Parent Common Stock to be issued in Merger I. Closing Percentage. “Closing Percentage” shall be equal to 100 minus the Escrow Percentage. Code. “Code” shall mean the Internal Revenue Code of 1986, as amended. Company Capital Stock. “Company Capital Stock” shall mean the Company Common Stock and the Company Preferred Stock. Company Common Stock. “Company Common Stock” shall mean the common stock (par value $0.001 per share) of the Company. Company Contract. “Company Contract” shall mean any Contract: (a) to which any of the Acquired Corporations is a party; (b) by which any of the Acquired Corporations or any of its assets is or may become bound or under which any of the Acquired Corporations has, or may become subject to, any obligation; or (c) under which any of the Acquired Corporations has or may acquire any right or interest. Company Counsel. “Company Counsel” shall mean Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx, Professional Corporation and any other legal counsel that has provided (or provides) services to or on A-1. Table of Contents