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Common use of Use of Capital Clause in Contracts

Use of Capital. Capital will be used for purposes as the Board of Directors shall determine in accordance with Section 3.2.

Appears in 2 contracts

Sources: Shareholder Agreement (Carrier1 International S A), Shareholder Agreement (Carrier1 International S A)

Related Clauses

  • Return of Capital
  • Issuance of Capital Stock
  • Description of Capital Stock
  • Valid Issuance of Capital Stock
  • Return of Capital Contribution

Parent Clauses

  • ORGANIZATION AND CAPITALIZATION
  • Capital Contributions
  • Amendment to Partnership Agreement
  • Limitation and Non-Resident Ownership
  • Special Distribution on Redemptions

Sub-Clauses

  • Vacancy
  • Removal of the Trustee
  • Amendments by the Trustee with Notice
  • Restated Declarations of Trust
  • Amendments by the Trustee without Notice
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