Common use of Certain Business Relationships with Target Clause in Contracts

Certain Business Relationships with Target. Neither the Transferor, its Affiliates, any director or employee of Target, or any relatives of Transferor, or any person living in the same residence as such persons, has been involved in any business arrangement or relationship with Target within the past 12 months, and neither the Transferor nor its Affiliates nor any of such other persons own leases, licenses, or otherwise has any interest in any asset, tangible or intangible, which is used in the business of Target or any contract, lease or commitment to which Target is a party. Target is not indebted to any officer, director or employee of Target for any liability or obligation. No officer, director or employee of Target is indebted to Target for any liability or obligation.

Appears in 3 contracts

Samples: Stock Exchange Agreement (Orius Corp), Stock Exchange Agreement (Orius Corp), Stock Exchange Agreement (Orius Corp)

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Certain Business Relationships with Target. Neither the TransferorTransferors, its their Affiliates, any director or employee of Target, or any relatives of TransferorTransferors, or any person living in the same residence as such persons, has been involved in any business arrangement or relationship with Target within the past 12 months, and neither the Transferor Transferors nor its their Affiliates nor any of such other persons own leases, licenses, or otherwise has any interest in any asset, tangible or intangible, which is used in the business of Target or any contract, lease or commitment to which Target is a party. Target is not indebted to any officer, director or employee of Target for any liability or obligation. No officer, director or employee of Target is indebted to Target for any liability or obligation.

Appears in 1 contract

Samples: Stock Exchange Agreement (Orius Corp)

Certain Business Relationships with Target. Neither the TransferorShareholder, its his Affiliates, any director or employee of Target, or any relatives of Transferorthe Shareholder, or any person living in the same residence as such persons, has been involved in any business arrangement or relationship with Target within the past 12 months, and neither the Transferor Shareholder nor its his respective Affiliates nor any of such other persons own owns leases, licenses, or otherwise has any interest in any asset, tangible or intangible, which is used in the business of Target or any contract, lease or commitment to which Target is a party. Target is not indebted to any officer, director or employee of Target for any liability or obligation. No officer, director or employee of Target is indebted to Target for any liability or obligation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Orius Corp)

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Certain Business Relationships with Target. Neither the TransferorShareholder, its his Affiliates, any director or employee of Target, or any relatives of Transferorthe Shareholder, or any person living in the same residence as such persons, has been involved in any business arrangement or relationship with Target within the past 12 months, and neither the Transferor Shareholder nor its their respective Affiliates nor any of such other persons own leases, licenses, or otherwise has any interest in any asset, tangible or intangible, which is used in the business of Target or any contract, lease or commitment to which Target is a party. Target is not indebted to any officer, director or employee of Target for any liability or obligation. No officer, director or employee of Target is indebted to Target for any liability or obligation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Orius Corp)

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