Common use of Certain Affiliate Transactions Clause in Contracts

Certain Affiliate Transactions. Except as set forth in the SEC Reports and Schedule 4.19, no Affiliate (each, an "Interested Person") and no member of the immediate family of an Interested Person, directly or indirectly: (i) owns any material interest in any corporation, partnership, limited liability company, proprietorship or other entity which sells to or purchases products or services from XeQute; (ii) has any cause of action or claim whatsoever against XeQute or any of the Assets; or (iii) holds a beneficial interest in any contract or agreement relating to the operation of XeQute's business lines or to which XeQute is a party or by which XeQute may be bound.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Vertex Interactive Inc), Asset Purchase Agreement (Jag Media Holdings Inc), Asset Purchase Agreement (Jag Media Holdings Inc)

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