Common use of Anti-Corruption Law Compliance Clause in Contracts

Anti-Corruption Law Compliance. None of the Group Companies or, to the knowledge of the Seller Parties, any director, officer, agent, employee, or any other person acting for or on behalf of any Group Company, has violated the United States Foreign Corrupt Practices Act (the “FCPA”), anti-corruption laws of the PRC or other applicable laws, nor has any of the above Person offered, paid, promised to pay, or authorized the payment of any money, or offered, given, promised to give, or authorized the giving of anything of value, to any government official or to any person under circumstances where there is a high probability that all or a portion of such money or thing of value would be offered, given or promised, directly or indirectly, to any government official, for the purpose of: (a) (i) influencing any act or decision of such government official in his official capacity, (ii) inducing such government official to do or omit to do any act in relation to his lawful duty, (iii) securing any improper advantage, or (iv) inducing such government official to influence or affect any act or decision of any governmental authority; or (b) assisting any Group Company in obtaining or retaining business for or with, or directing business to any Group Company.

Appears in 4 contracts

Samples: Series B 4 Preferred Shares Purchase Agreement, Series B 4 Preferred Shares Purchase Agreement (Pinduoduo Inc.), Series B 4 Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

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