Affiliated Relationships. Organitech represents that all services rendered and all goods sold by (i) Organitech to any of the Organitech Shareholders or any Affiliate(s) of the Organitech Shareholders, or (ii) by any of the Organitech Shareholders or any Affiliate(s) of the Organitech Shareholders to Organitech, have been recorded in the accounts of Organitech at their full value as if they were transferred in arm's length transactions.
Affiliated Relationships. Except as disclosed in Section 6.18 of the Disclosure Letter, neither Seller, General Partner or the Manager, nor any partner, shareholder, director or officer thereof , or any member of such Person's immediate family, has, or at any time within the last two (2) years has had, a material ownership interest in any business that is or was a party to any business relationships or arrangement of any kind relating to the operation of the Facility or the Business. Residents/Patients; Licensed Beds And Fees. Seller has cared for the Residents/Patients located at any time at the Facility in accordance with recognized standards pertaining to assisted living facilities. Seller does not have any agreement with any of its Residents/Patients which have been prepaid for more than one month.
Affiliated Relationships. All services rendered and all goods sold by the Company to any Stockholder or any Affiliate of the Company or any Stockholder have been recorded in the Books and Records of the Company at their full value as if they were transferred in arm’s length transactions. Except as set forth in Schedule 3.13, all services rendered and goods sold by any Stockholder or any Affiliate of any Stockholder to the Company have been accounted for as if they were transferred in arm’s length transactions.
Affiliated Relationships. All services rendered and all goods sold by Incubate to any of its directors, officers, shareholders, or any Affiliate(s) of the foregoing, have been recorded in the accounts of Incubate at their full value as if they were transferred in arm's length transactions. At Closing, there shall be no outstanding agreement between Incubate, on the one hand, and any other person, on the other hand, including without limitation any employment, consulting, warrant, option, registration right or preemptive right agreement [except for the written agreement entered into prior to the date hereof and specifically identified on Schedule 5.15 attached hereto]. Without limiting the generality of the foregoing , the shareholders of Incubate have no claims or right of action whatsoever against or from Incubate, either as directors, officers, shareholders, investors, employees or otherwise and any right that may have accrued to any of the shareholders of Incubate (in whatever capacity), whether at law, in equity or pursuant to any agreement, has been (or will be) fully satisfied or waived in writing, prior to Closing.
Affiliated Relationships. All services rendered and all products sold by the Company or the Company Subsidiary to Seller, Company or the Company Subsidiary or any Affiliate thereof have been recorded in the books and records of the Company or the Company Subsidiary at their full value as if they were transferred in arm’s length transactions. Except as set forth in Section 2.26 of the Seller Disclosure Schedule, no equity holder, director, officer, manager or employee of Seller, Company or the Company Subsidiary, nor any Affiliate thereof has, or has had at any time since January 1, 2009, (i) any interest in any property, real, personal or mixed, tangible or intangible, used in or pertaining to the business of the Company or the Company Subsidiary; (ii) any agreement, arrangement or understanding with the Company or the Company Subsidiary other than compensation and benefits as an employee payable in the ordinary course of business; or (iii) any claim or other right against the Company or the Company Subsidiary.
Affiliated Relationships. Except as disclosed in Section 6.18 of the Disclosure Letter, neither Seller, General Partner or the Manager, nor any partner, shareholder, director or officer thereof , or any member of such Person's immediate family, has, or at any time within the last two (2) years has had, a material ownership interest in any business that is or was a party to any business relationships or arrangement of any kind relating to the operation of the Facility or the Business.
Affiliated Relationships. All services rendered and all goods sold by the Company and its Subsidiaries to any Investor Stockholder or any Affiliate of any Investor Stockholder have been transferred in arm’s length transactions and have been recorded in the Books and Records of the Company and its Subsidiaries at their full value. All services rendered and goods sold by any Stockholder, or, to the Company’s Knowledge, any Affiliate of any Investor Stockholder, to the Company or its Subsidiaries have been transferred in arm’s length transactions and accounted for as such.
