Common use of Use of Proceeds of the Offering Clause in Contracts

Use of Proceeds of the Offering. The net proceeds from the Rights Offering shall be used by the Company for general corporate purposes and, at the Company's discretion, to make a capital investment in CGA, which will use such funds, if any, for general corporate purposes.

Appears in 2 contracts

Sources: Subscription Agreement (Cga Group LTD), Subscription Agreement (Cga Group LTD)