Common use of Absence of Sensitive Payments Clause in Contracts

Absence of Sensitive Payments. Seller has not made any contributions, payments or gifts to or for the private use of any governmental official, governmental employee or governmental agent in any amount where either the payment or the purpose in making such contribution, payment or gift is illegal under the laws of the United States or any other jurisdiction; Seller has not established or maintained any unrecorded fund or asset for any purpose or made any false or artificial entries on its books; and Seller has not made any payments to any Person with the intention or understanding that any part of such payment was to be used for any purpose other than that described in the document supporting the payment.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Tollgrade Communications Inc \Pa\), Asset Purchase Agreement (Kanakaris Wireless), Asset Purchase Agreement (Magnetic Technologies Corp)

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Absence of Sensitive Payments. Seller has Sellers have not made any ----------------------------- contributions, payments or gifts to or for the private use of any governmental official, governmental employee or governmental agent in any amount where either the payment or the purpose in making such contribution, payment or gift is illegal under the laws of the United States Canada or any other jurisdiction; Seller has Sellers have not established or maintained any unrecorded fund or asset for any purpose or made any false or artificial entries on its books; and Seller has Sellers have not made any payments to any Person with the intention or understanding that any part of such payment was to be used for any purpose other than that described in the document supporting the payment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mail Well I Corp)

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