Improper and Other Payments. (a) The Company or any Affiliate or any Person acting on behalf of either of them, has made, paid or received any bribes, kickbacks or other similar payments to or from any Person, whether lawful or unlawful; (b) No contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate. (c) No improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made; and (d) The internal accounting controls of the Company are adequate to detect any of the foregoing.
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Samples: Stock Purchase Agreement (B-Maven, Inc.), Stock Purchase Agreement (Fashion Net Inc)
Improper and Other Payments. (a) The None of the Company or any Affiliate or any Person acting on behalf of either of them, has made, paid or received any bribes, kickbacks or other similar payments to or from any Person, whether lawful or unlawful;
(b) No contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate.
(c) No improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made; and
(d) The internal accounting controls of the Company are adequate to detect any of the foregoing.
Appears in 2 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement (International Packaging & Logistics Group Inc.)
Improper and Other Payments. (a) The Company Companies or any Affiliate or any Person acting on behalf of either of them, has have not made, paid or received any bribes, kickbacks or other similar payments to or from any Person, whether lawful or unlawful;
(b) No contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate.
(c) No improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made; and
(d) The internal accounting controls of the Company Companies are adequate to detect any of the foregoing.
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