Texas Act definition
Examples of Texas Act in a sentence
Specifically in connection with The Securities Act of the State of Texas (as now in effect or hereafter amended) (the "Texas Act"), upon exercise of this option, unless a registration statement under the Texas Act is in effect with respect to the shares of Class A Stock covered hereby, the Company shall not be required to issue such shares unless, in the opinion of counsel for the Company, the issuance of such shares is exempt from the provisions of the Texas Act.
The Company may, but shall in no event be obligated to, register any securities covered hereby pursuant to the Texas Act.
Except as expressly provided herein, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Texas Act.
Except as expressly provided herein to the contrary, the rights and obligations of the Venturers and the administration, dissolution, and termination of the Venture shall be governed by the Texas Act.
Subject to the provisions hereof, the Venturers hereby associate themselves in the operation of the Venture as a general partnership pursuant to the provisions of the Texas Act.