Example ContractsClausesabsence of valid designationIdentical
Absence of Valid Designation
Absence of Valid Designation contract clause examples

Absence of Control. It is the intent of the parties to this Agreement that in no event shall the Purchasers, by reason of any of the Transaction Documents, be deemed to control, directly or indirectly, the Company, and the Purchasers shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of the Company.

Source document
MainStreet Bancshares, Inc. (MNSB, MNSBP) (CIK 0001693577)
Source: SEC EDGAR database • Date: March 2, 2022 • SIC: 6022 • CIK: 6022
BANCFIRST CORP /OK/ (BANF, BANFP) (CIK 0000760498)
Source: SEC EDGAR database • Date: June 17, 2021 • SIC: 6021 • CIK: 6021
UWHARRIE CAPITAL CORP (UWHR) (CIK 0000898171)
Source: SEC EDGAR database • Date: September 8, 2021 • SIC: 6022 • CIK: 6022
Pathfinder Bancorp, Inc. (PBHC) (CIK 0001609065)
Source: SEC EDGAR database • Date: October 15, 2020 • SIC: 6022 • CIK: 6022
River Financial Corp (CIK 0001641601)
Source: SEC EDGAR database • Date: March 10, 2021 • SIC: 6022 • CIK: 6022
EAGLE FINANCIAL SERVICES INC (EFSI) (CIK 0000880641)
Source: SEC EDGAR database • Date: April 5, 2022 • SIC: 6022 • CIK: 6022

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.