Common use of Absence of Questionable Payments Clause in Contracts

Absence of Questionable Payments. To the Best Knowledge of the Corporation, neither the Corporation, nor any director, officer, agent, employee or other person acting on any its behalf has (i) used any corporate or other funds for unlawful contributions, payments, gifts or entertainment, or made any unlawful expenditures relating to political activity to government officials or others or established or maintained any unlawful or unrecorded funds in violation of Section 30A of the Exchange Act or any other applicable foreign, federal or state law; or (ii) accepted or received any unlawful contributions, payments, expenditures or gifts.

Appears in 13 contracts

Samples: Agreement and Plan of Merger (Vitro Biopharma, Inc.), Agreement and Plan of Exchange (Vitro Biopharma, Inc.), Agreement and Plan of Merger (XML Global Technologies Inc)

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