Common use of Absence of Payments Clause in Contracts

Absence of Payments. None of the Borrower, any Subsidiary, any of their respective directors, officers, agents or employees, or, to the best knowledge of the Borrower, any other Person acting on behalf of any such Person has made any unlawful contributions, payments, gifts or entertainment, or made any unlawful expenditures relating to political activity, to government officials or others.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dunn Computer Corp), Loan and Security Agreement (Template Software Inc)

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Absence of Payments. None of the BorrowerBorrowers, any Subsidiary, any of their respective directors, officers, agents or employees, or, to the best knowledge of the each Borrower, any other Person acting on behalf of any such Person has made any unlawful contributions, payments, gifts or entertainment, or made make any unlawful expenditures relating to political activity, to government officials or others.

Appears in 1 contract

Samples: Loan and Security Agreement (Spacehab Inc \Wa\)

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Absence of Payments. None of the Borrower, any Subsidiary, any of ------------------- their respective directors, officers, agents or employees, or, to the best knowledge of the Borrower, any other Person acting on behalf of any such Person has made any unlawful contributions, payments, gifts or entertainment, or made any unlawful expenditures relating to political activity, to government officials or others.

Appears in 1 contract

Samples: Loan Agreement (Template Software Inc)

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