Common use of Absence of Unlawful Payments Clause in Contracts

Absence of Unlawful Payments. None of (a) Target, (b) any stockholder, director or officer of Target, nor, (c) to the Target’s Knowledge, any stockholder, employee, agent or other Person acting on behalf of Target: (i) has used any corporate or other funds for unlawful contributions, payments, gifts or entertainment; made any unlawful expenditures relating to political activity to government officials or others or established or maintained any unlawful or unrecorded funds; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; or violated any provision of the FCPA or other similar law or regulation; or (iii) has accepted or received any unlawful contributions, payments, gifts or expenditures.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (PROS Holdings, Inc.)

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Absence of Unlawful Payments. None of (a) Targetany Target Company, (b) to the Company’s Knowledge, any stockholder, director or officer of Target, nor, (c) to the Target’s Knowledge, any stockholder, Target Company or any employee, agent or other Person acting on behalf of Targetany Target Company: (i) has used any corporate or other funds for unlawful contributions, payments, gifts or entertainment; made any unlawful expenditures relating to political activity to government officials or others or established or maintained any unlawful or unrecorded funds; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; or violated any provision of the FCPA or other similar law or regulationFCPA; or (iii) has accepted or received any unlawful contributions, payments, gifts or expendituresexpenditures in each case in connection with the business of any Target Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Extreme Networks Inc)

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Absence of Unlawful Payments. None of (a) Target, (b) to Target’s Knowledge, any stockholder, director or officer of Target, nor, (c) to the Target’s Knowledge, any stockholder, employee, agent or other Person acting on behalf of Target: (i) has used any corporate or other funds for unlawful contributions, payments, gifts or entertainment; (ii) made any unlawful expenditures relating to political activity to government officials or others or established or maintained any unlawful or unrecorded funds; (iiiii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; , or violated any provision of the FCPA or other similar law or regulationFCPA; or (iiiiv) has accepted or received any unlawful contributions, payments, gifts or expenditures.

Appears in 1 contract

Samples: Merger Agreement (iGo, Inc.)

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