Common use of Foreign Corrupt Practices Act and International Trade Sanctions Clause in Contracts

Foreign Corrupt Practices Act and International Trade Sanctions. None of the Company, any of its Subsidiaries or any of their respective officers, directors, agents, employees or any other person acting on its behalf has, directly or indirectly (i) used any corporate or other funds for unlawful contributions, payments, gifts, or entertainment, or made any unlawful expenditures relating to a political activity, to government officials, candidates or members of political parties or organization, or established or maintained any unlawful or unrecorded funds in violation of Section 104 of the Foreign Corrupt Practices Act of 1977, as amended, or any similar applicable Law, (ii) paid, accepted or received any unlawful contributions, payments, expenditures or gifts, or (iii) violated or failed to comply with any export restrictions, anti-boycott regulations, embargo restrictions or other similar applicable Law.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Homeland Security Capital CORP), Stock Purchase Agreement (DJSP Enterprises, Inc.)

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Foreign Corrupt Practices Act and International Trade Sanctions. None of the Company, Company or any of its Subsidiaries or any of their respective directors, officers, directors, agents, employees or any other person persons acting on its behalf has, directly or indirectly in connection with the operation of its business, (ia) used any corporate or other funds for unlawful contributions, payments, gifts, gifts or entertainment, or made any unlawful expenditures relating to a political activity, to government officials, candidates or members of political parties or organizationorganizations, or established or maintained any unlawful or unrecorded funds in violation of Section 104 of the Foreign Corrupt Practices Act of 1977, as amended, or any other similar applicable foreign, Federal or state Law, (iib) paid, accepted or received or any unlawful contributions, payments, expenditures or gifts, gifts or (iiic) violated or failed to comply operated in noncompliance with any export restrictions, anti-boycott regulations, embargo restrictions regulations or other similar applicable Lawdomestic or foreign Laws, except, in the case of clauses (a), (b) and (c), as would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Fermavir Pharmaceuticals, Inc.), Merger Agreement (Inhibitex, Inc.)

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Foreign Corrupt Practices Act and International Trade Sanctions. None of the CompanyParent, any of its Subsidiaries Merger Sub or any of their respective directors, officers, directors, agents, employees or any other person persons acting on its behalf has, directly or indirectly in connection with the operation of its business, (ia) used any corporate or other funds for unlawful contributions, payments, gifts, gifts or entertainment, or made any unlawful expenditures relating to a political activity, to government officials, candidates or members of political parties or organizationorganizations, or established or maintained any unlawful or unrecorded funds in violation of Section 104 of the Foreign Corrupt Practices Act of 1977, as amended, or any other similar applicable foreign, Federal or state Law, (iib) paid, accepted or received or any unlawful contributions, payments, expenditures or gifts, gifts or (iiic) violated or failed to comply operated in noncompliance with any export restrictions, anti-boycott regulations, embargo restrictions regulations or other similar applicable Lawdomestic or foreign Laws, except, in the case of clauses (a), (b) and (c), as would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Fermavir Pharmaceuticals, Inc.), Merger Agreement (Inhibitex, Inc.)

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