Use of Funds Clause Example with 27 Variations from Business Contracts

This page contains Use of Funds clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants will have only th...e rights of an unsecured creditor with respect to such shares. View More
Found in Revolve Group, LLC contract

Variations of a "Use of Funds" Clause from Business Contracts

Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require applicable local law requires that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. party for Participants in the Internation...al Component. Until shares of Common Stock are issued, Participants will only have only the rights of an unsecured creditor with respect to such shares. View More
Found in 2 Contracts from AUDIENCE INC
Use of Funds. The Company may use all Contributions All payroll deductions received or held by it the Company under the Plan may be used by the Company for any corporate purpose, and the Company will shall not be obligated to segregate such Contributions payroll deductions except under Offerings or for Participants participants in the Non-423 Component for which Applicable Laws applicable laws require that Contributions contributions to the Plan by Participants participants be segregated from the Company's ge...neral corporate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants participants will have only the rights of an unsecured creditor with respect to such shares. View More
Found in ACCURAY INC contract
Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. Until shares of Common Stock Ordinary Shares are issued, Participants w...ill only have only the rights of an unsecured creditor with respect to such shares. View More
Found in AMBARELLA INC contract
Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants will have only th...e rights of an unsecured creditor with respect to such shares. View More
Found in 2 Contracts from FIRST ADVANTAGE CORP
Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's or the Employer's general corporate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants... will only have only the rights of an unsecured creditor with respect to such shares. View More
Found in 3 Contracts from 3 Companies
Use of Funds. The Company may use all Contributions received or held by it under the Plan for any corporate purpose, and the Company will not be obligated to segregate such Contributions except under Offerings or for Participants in the Non-423 Component for which Applicable Laws require that Contributions to the Plan by Participants be segregated from the Company's general corporate funds and/or deposited with an independent third party. Until shares of Class A Common Stock are issued, Participants will only... have only the rights of an unsecured creditor with respect to such shares. View More
Found in 2 Contracts from 10x Genomics, Inc.
Use of Funds. The Company may use all Contributions All contributions received or held by it the Company under the Plan may be used by the Company for any corporate purpose, and the Company will shall not be obligated to segregate such Contributions contributions, except under Offerings or for Participants participants in the Non-423 Component for which Applicable Laws applicable laws require that Contributions contributions to the Plan by Participants participants be segregated from the Company's general cor...porate funds and/or deposited with an independent third party. Until shares of Common Stock are issued, Participants participants will only have only the rights of an unsecured creditor with respect to such shares. View More
Found in QUANTUM CORP contract