Common use of Subsidiaries or Joint Ventures Clause in Contracts

Subsidiaries or Joint Ventures. The Company will not, without the prior approval of the Board of Directors, establish or invest in any subsidiary or joint venture.

Appears in 4 contracts

Sources: Investor Rights Agreement (Net Value Holdings Inc), Investor Rights Agreement (Net Value Holdings Inc), Investor Rights Agreement (Planet Zanett Inc)

Subsidiaries or Joint Ventures. The Company will shall not, without the prior approval of a majority of the Board of DirectorsDirectors (including the Series A Board Designee), establish or invest in any subsidiary or joint venture.

Appears in 2 contracts

Sources: Investor Rights Agreement (Informax Inc), Investor Rights Agreement (Informax Inc)