Contracts with Connected Persons Sample Clauses

Contracts with Connected Persons. (a) There are no loans made by the Company to any of its directors or shareholders and/or any person connected with any of them and no debts or liabilities owing by the Company to any of its directors or shareholders and/or any person connected with them as aforesaid. (b) There are no existing contracts or arrangements to which the Company is a party and in which any of its directors or shareholders and/or any person connected with any of them is interested.

Contracts with Connected Persons. There is no agreement or arrangement (legally enforceable or not) to which any Group Company is a party and in which any member of the Seller’s Group, a director or former director of any member of the Seller’s Group or a person connected with any of them is interested in any way. No Group Company owes any obligation or sum to nor does it and neither will it immediately after Completion have any contractual or other arrangements of any sort with the Seller or any member of the Seller’s Group.

Contracts with Connected Persons. 14.1. There are no existing contracts or engagements to which the Company is a party and in which the Founder[s] and/or any director of the Company and/or any person who is a Connected Person with any of them is interested. 14.2. The Founder[s] and/or any person who is a Connected Person with the Founder[s] [does][do] not own and [is][are] not otherwise interested in any property used in connection with the business of the Company. 14.3. The Founder[s] [is][are] not either collectively or individually or with any other person or persons, directly or indirectly, engaged in any other business and [he][they] [is][are] not concerned or interested in any way whatsoever in any other business of a similar nature to or competitive 14.4. There are no arrangements or other commitments of the Founder[s] which could affect [his][their] ability to devote [his][their] required working hours to the affairs of the Company.

Contracts with Connected Persons. There will be at the Closing Date (following execution of the deed of termination, release and waiver referred to in Schedule 2) no contracts or arrangements between either Company, on the one hand, and any member of the Seller’s Group, on the other hand, other than the deed of termination, release and waiver referred to in Schedule 2, the Pioneer Services Agreement.

Contracts with Connected Persons. (a) There are no loans made by the Company or any of the Company Subsidiaries to any of their directors or shareholders and/or any of their Connected Persons and no debts or liabilities owing by the Company or any of the Company Subsidiaries to any of their directors or shareholders and/or any of their Connected Persons. (b) There are no existing contracts or arrangements to which the Company or any of the Company Subsidiaries is a party and in which any of its directors or shareholders and/or any of their Connected Person is interested.

Contracts with Connected Persons. (a) Except with respect to Contracts by and between the Company and the Buyer, there is not, nor during the past three years has there been, any Contract to which the Company is a party and in which any of the Sellers or any other person beneficially interested in the share capital of the Company at that time or any director of the Company (except for service agreements) or any person connected with any of them is or has been interested. (b) None of the Sellers or any director of the Company (other than Messrs Xxxxxxx and Xxxxxxxxxx) has any interest in any other company or business which is in competition with the Company.

Contracts with Connected Persons. (a) There is not outstanding any indebtedness or other liability (actual or contingent) owing by the Company to any managing director or any shareholder of the Company, save for the amount of approximately Euro 14,500 owing to Xx. Xxxxx X. Haase at the date hereof; and (b) There is not outstanding and there has not at any time been outstanding any agreement, arrangement or understanding (whether legally enforceable or not) to which the Company is a party and which any managing director of the Company is interested.

Contracts with Connected Persons. (a) Save as Disclosed, there is not outstanding any indebtedness or other liability (actual or contingent) owing by the Company to: (i) any director of the Company; (ii) any spouse, child, parent or sibling of any director of the Company; or (iii) any member of the Seller’s Group, or owing to the Company by any director of the Company or any member of the Seller’s Group or any security for any such indebtedness or liability; (b) Save as Disclosed, there is not outstanding any agreement, arrangement or understanding (whether legally enforceable or not) to which the Company is a party and which any director or former director of the Company or any Connected Person or any member of the Seller’s Group is interested, whether directly or indirectly; (c) The Company is not a party to, nor has its profits or financial position in each of the last three completed financial years been affected by, any agreement or arrangement with a value of $100,000 or more which is not entirely of an arm’s length nature; (d) Save as Disclosed, there are no existing contracts or engagements with a value of $100,000 or more to which the Company is a party and in which Seller or any member of the Seller’s Group is interested; and (e) Save as Disclosed, the Company does not receive any supply of services from Seller or any member of the Seller’s Group, the cessation of which would adversely affect the Company, or the replacement of which would require material effort or expenditure by the Company.

Contracts with Connected Persons. Subsequent to Completion the Company will not have any contractual or other arrangements of any sort with any of the Vendors or any body corporate or person connected or associated with any of the Vendors save as contemplated by this Agreement.

Contracts with Connected Persons. Except as disclosed in Subsections 2.2(c), 2.8 and 2.13 of the Disclosure Schedule, there are no existing contracts or arrangements to which the Company is a party and in which any of its directors or shareholders and/or any person connected with any of them is interested. Except as disclosed in Subsection 2.2(c) of the Disclosure Schedule, there are no agreements between any of the shareholders of the Company or between any of the shareholders and the Company other than the Shareholders Agreement. No shareholder nor any person connected with a shareholder owns any property used by the Company.