Common use of Certain Business Relationships Clause in Contracts

Certain Business Relationships. Except as set forth in Section 3.26 of the Seller Disclosure Letter, none of the present or former directors, officers or employees of the Company or any of its Subsidiaries, or to the Company's Knowledge any present or former Shareholders, owns, directly or indirectly, any interest in any business, corporation or other entity (other than investments in publicly held companies) which, on the date hereof or within the past twelve (12) months, has been involved in any manner in any material business arrangement or relationship with the Company or any of its Subsidiaries, and none of the foregoing persons owns any property or rights, tangible or intangible, which are used in the business of the Company or any of its Subsidiaries.

Appears in 3 contracts

Samples: Side Letter Agreement (Dsi Toys Inc), Side Letter Agreement (Mvii LLC), Stock Purchase and Sale Agreement (Mvii LLC)

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