Common use of Absence of Questionable Payments Clause in Contracts

Absence of Questionable Payments. Neither the Company nor any of its subsidiaries nor, any director, officer, agent, employee, consultant or other person acting on behalf of the Company or any of its subsidiaries, has 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. Neither the Company nor any of its subsidiaries nor, any director, officer, agent, employee or other person acting on behalf of the Company or any of its subsidiaries, has accepted or received any unlawful contributions, payments, gifts, or expenditures. The Company is in compliance in all material respects with the provisions of Section 13(b) of the Exchange Act.

Appears in 4 contracts

Samples: Merger Agreement (Numerical Technologies Inc), Merger Agreement (Synopsys Inc), Merger Agreement (Avant Corp)

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Absence of Questionable Payments. Neither the Company nor any of its subsidiaries nor, nor any director, officer, agent, employee, consultant employee or other person acting on behalf of the Company or any of its subsidiaries, has 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. Neither the Company nor any subsidiary of its subsidiaries nor, the Company nor any current director, officer, agent, employee or other person acting on behalf of the Company or any subsidiary of its subsidiariesthe Company, has accepted or received any unlawful contributions, payments, gifts, or expenditures. The Company is in compliance in all material respects with the provisions of Section 13(b) of the Exchange Act.

Appears in 3 contracts

Samples: Merger Agreement (Emulex Corp /De/), Merger Agreement (Emulex Corp /De/), Merger Agreement (Vixel Corp)

Absence of Questionable Payments. Neither the Company nor any of its subsidiaries nor, nor any director, officer, agent, employee, consultant employee or other person acting on behalf of the Company or any of its subsidiaries, has 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. Neither the Company nor any of its subsidiaries nornor to the Company’s knowledge, any director, officer, agent, employee or other person acting on behalf of the Company or any of its subsidiaries, has accepted or received any unlawful contributions, payments, gifts, or expenditures. The Company is in compliance in all material respects with the provisions of Section 13(b) of the Exchange Act.

Appears in 3 contracts

Samples: Merger Agreement (Sl Industries Inc), Merger Agreement (Sl Industries Inc), Merger Agreement (Ault Inc)

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Absence of Questionable Payments. Neither the Company nor any of its subsidiaries nor, Subsidiaries nor any director, officer, agent, employee, consultant employee or other person acting on behalf of the Company or any of its subsidiariesSubsidiaries, has used any corporate or other Company 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. Neither the Company nor any Subsidiary of its subsidiaries nor, the Company nor any current director, officer, agent, employee or other person acting on behalf of the Company or any Subsidiary of its subsidiariesthe Company, has has, when acting in such capacity, accepted or received any unlawful contributions, payments, gifts, or expenditures. The Company is in compliance in all material respects with the provisions of Section 13(b) of the Exchange Act.

Appears in 2 contracts

Samples: Merger Agreement (American Management Systems Inc), Merger Agreement (Cgi Group Inc)

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