Common use of Illegal Payments Clause in Contracts

Illegal Payments. No Credit Party, nor any director, officer, member, manager, agent, employee or other Person acting on behalf of any Credit Party has, in the course of his actions for, or on behalf of, any Credit Party: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government official or employee.

Appears in 7 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Cd International Enterprises, Inc.), Senior Secured Revolving Credit Facility Agreement (Oncologix Tech Inc.), Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.)

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Illegal Payments. No Credit PartyNeither Borrower, nor any director, officer, member, manager, agent, employee or other Person acting on behalf of any Credit Party Borrower has, in the course of his actions for, or on behalf of, any Credit PartyBorrower: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government official or employee.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (THEDIRECTORY.COM, Inc.), Credit Agreement (Social Reality)

Illegal Payments. No Neither the Credit PartyParties, nor any director, officer, member, manager, agent, employee or other Person acting on behalf of any the Credit Party Parties has, in the course of his actions for, or on behalf of, any the Credit PartyParties: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government official or employee.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Pacific Ventures Group, Inc.), Securities Purchase Agreement (Fat Brands, Inc), Securities Purchase Agreement (Mota Group, Inc.)

Illegal Payments. No Credit Party, nor any director, officer, member, manager, agent, employee or other Person acting on behalf of any Credit Party has, in the course of his actions for, or on behalf of, any Credit Party: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government official or employee.. 32 7.30

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement

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Illegal Payments. No Credit PartyNone of the Borrower, nor any director, officer, member, manager, agent, employee or other Person acting on behalf of any Credit Party the Borrower has, in the course of his actions for, or on behalf of, any Credit Partythe Borrower: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government official or employee.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Credex Corp)

Illegal Payments. No Credit NoCredit Party, nor any director, officer, member, manager, agent, employee or other Person acting on behalf of any Credit Party hasPartyhas, in the course of his actions for, or on behalf of, any Credit Party: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government official or employee.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Revolutionary Concepts Inc)

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