Common use of Interest in Customers and Suppliers Clause in Contracts

Interest in Customers and Suppliers. Affiliate Transactions. Except as described on Schedule 4.21 and except for ownership as an investment of not more than one percent (1%) of any class of capital stock of any publicly-traded company, none of Holdings, the Company, any member of Holdings, any Affiliate of any such member nor any Affiliate of Holdings, the Company or any Company Subsidiary (i) possesses, directly or indirectly, any financial interest in, or is a director, officer, employee or affiliate of, any Person that is a client, supplier, customer, lessor, lessee or competitor of the Company or any Company Subsidiary, (ii) owns, directly or indirectly, in whole or in part, or has any interest in any tangible or intangible property used in the conduct of the Business, or (iii) is a party to an agreement or relationship, that involves the receipt by such Person of compensation or property from the Company or any Company Subsidiary other than through a customary employment relationship or through distributions made with respect to the Company Stock or equity interests in any Company Subsidiary (provided such distributions have been made consistent with the Company's or any Company Subsidiary's, as the case may be, past custom and practices). Schedule 4.21 sets forth the parties to and the date, nature and amount of each transaction during the last five years involving the transfer of any cash, property or rights to or from the Company or any Company Subsidiary from, to or for the benefit of any Affiliates (other than customary employment relationships or distributions made with respect to the Company Stock) ("Affiliate Transactions"), and any existing commitments of the Company or any Company Subsidiary to engage in the future in any Affiliate Transactions. Except as disclosed, each Affiliate Transaction and each transaction with former Affiliates of the Company or any Company Subsidiary was effected on terms equivalent to those that would have been established in an arm's-length transaction.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

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Interest in Customers and Suppliers. Affiliate Transactions. Except as described on Schedule 4.21 and except for ownership as an investment of not more than one percent (1%) of any class of capital stock of any publicly-traded company, none of Holdings, the Company, any member of Holdings, any Affiliate of any such member Company nor any Affiliate of Holdings, the Company nor or any Company Subsidiary nor any stockholder of the Company (i) possesses, directly or indirectly, any financial interest in, or is a director, officer, employee or affiliate of, any Person that is a client, supplier, customer, lessor, lessee or competitor of the Company or any Company Subsidiary, (ii) owns, directly or indirectly, in whole or in part, or has any interest in any tangible or intangible property used in the conduct of the Business, or (iii) is a party to an agreement or relationship, that involves the receipt by such Person of compensation or property from the Company or any Company Subsidiary other than through a customary employment relationship or through distributions made with respect to the Company Stock or equity interests in any Company Subsidiary (provided such distributions have been made consistent with the Company's or any Company Subsidiary's, as the case may be, past custom and practices). Schedule 4.21 sets forth the parties to and the date, nature and amount of each transaction during the last five years involving the transfer of any cash, property or rights to or from the Company or any Company Subsidiary from, to or for the benefit of any Affiliates (other than customary employment relationships or distributions made with respect to the Company Stock) ("Affiliate Transactions"), and any existing commitments of the Company or any Company Subsidiary to engage in the future in any Affiliate Transactions. Except as disclosed, each Affiliate Transaction and each transaction with former Affiliates of the Company or any Company Subsidiary was effected on terms equivalent to those that would have been established in an arm's-length transaction.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

Interest in Customers and Suppliers. Affiliate Transactions. Except as described on Schedule 4.21 and except for ownership as an investment of not more than one percent (1%) of any class of capital stock of any publicly-traded company, none of Holdings, the Company, any member of Holdingsits stockholders, any Affiliate of any such member nor its stockholders, any Affiliate of Holdings, the Company or nor any Company Subsidiary (i) possesses, directly or indirectly, any financial interest in, or is a director, officer, employee or affiliate of, any Person that is a client, supplier, customer, lessor, lessee or competitor of the Company or any Company Subsidiary, (ii) owns, directly or indirectly, in whole or in part, or has any interest in any tangible or intangible property used in the conduct of the Business, or (iii) is a party to an agreement or relationship, that involves the receipt by such Person of compensation or property from the Company or any Company Subsidiary other than through a customary employment relationship or through distributions made with respect to the Company Stock or equity interests in any Company Subsidiary (provided such distributions have been made consistent with the Company's or any Company Subsidiary's, as the case may be, past custom and practices). Schedule 4.21 sets forth the parties to and the date, nature and amount of each transaction during the last five years involving the transfer of any cash, property or rights to or from the Company or any Company Subsidiary from, to or for the benefit of any Affiliates (other than customary employment relationships or distributions made with respect to the Company Stock) ("Affiliate Transactions"), and any existing commitments of the Company or any Company Subsidiary to engage in the future in any Affiliate Transactions. Except as disclosed, each Affiliate Transaction and each transaction with former Affiliates of the Company or any Company Subsidiary was effected on terms equivalent to those that would have been established in an arm's-length transaction.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

Interest in Customers and Suppliers. Affiliate Transactions. Except as described on Schedule 4.21 and except for ownership as an investment of not more than one percent (1%) of any class of capital stock of any publicly-traded company, none of Holdings, the Company, any member of Holdings, any Affiliate of any such member Company nor any Affiliate of Holdings, the Company or nor any Company Subsidiary nor any of the Company's stockholders (i) possesses, directly or indirectly, any financial interest in, or is a director, officer, employee or affiliate of, any Person that is a client, supplier, customer, lessor, lessee or competitor of the Company or any Company Subsidiary, (ii) owns, directly or indirectly, in whole or in part, or has any interest in any tangible or intangible property used in the conduct of the Business, or (iii) is a party to an agreement or relationship, that involves the receipt by such Person of compensation or property from the Company or any Company Subsidiary other than through a customary employment relationship or through distributions made with respect to the Company Stock or equity interests in any Company Subsidiary (provided such distributions have been made consistent with the Company's or any Company Subsidiary's, as the case may be, past custom and practices). Schedule 4.21 sets forth the parties to and the date, nature and amount of each transaction during the last five years involving the transfer of any cash, property or rights to or from the Company or any Company Subsidiary from, to or for the benefit of any Affiliates (other than customary employment relationships or distributions made with respect to the Company Stock) ("Affiliate Transactions"), and any existing commitments of the Company or any Company Subsidiary to engage in the future in any Affiliate Transactions. Except as disclosed, each Affiliate Transaction and each transaction with former Affiliates of the Company or any Company Subsidiary was effected on terms equivalent to those that would have been established in an arm's-length transaction.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

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Interest in Customers and Suppliers. Affiliate Transactions. Except as described on Schedule 4.21 and except for ownership as an investment of not more than one percent (1%) of any class of capital stock of any publicly-traded company, none of Holdings, the no Company, any member of Holdings's stockholder, any Affiliate of any such member nor any a Company's stockholder or Affiliate of Holdings, the Company or any Company Subsidiary (i) possesses, directly or indirectly, any financial interest in, or is a director, officer, employee or affiliate of, of any Person that is a client, supplier, customer, lessor, lessee or competitor of the Company or any Company Subsidiary, (ii) owns, directly or indirectly, in whole or in part, or has any interest in any tangible or intangible property used in the conduct of the Business, or (iii) is a party to an agreement or relationship, that involves the receipt by such Person of compensation or property from the Company or any Company Subsidiary other than through a customary written employment relationship or through distributions made with respect to the Company Stock or equity interests in any Company Subsidiary (provided such distributions have been made consistent with the Company's or any Company Subsidiary's, as the case may be, past custom and practices). Schedule 4.21 sets forth the parties to and the date, nature and amount of each transaction during the last five years involving the transfer of any cash, property or rights to or from the Company or any Company Subsidiary from, to or for the benefit of any Affiliates (other than customary employment relationships or distributions made with respect to the Company Stock) ("Affiliate Transactions"), and any existing commitments of the Company or any Company Subsidiary to engage in the future in any Affiliate Transactions. Except as disclosed, each Affiliate Transaction and each transaction with former Affiliates of the Company or any Company Subsidiary was effected on terms equivalent to those that would have been established in an arm's-length transaction.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

Interest in Customers and Suppliers. Affiliate Transactions. Except as described on Schedule 4.21 and except for ownership as an investment of not more than one percent (1%) of any class of capital stock of any publicly-traded company, none of Grace Capital, LLP ("Holdings, ") the Company, any member partner of Holdings, any Affiliate of any such member partner nor any Affiliate of Holdings, the Company or any Company Subsidiary (i) possesses, directly or indirectly, any financial interest in, or is a director, officer, employee or affiliate of, any Person that is a client, supplier, customer, lessor, lessee or competitor of the Company or any Company Subsidiary, (ii) owns, directly or indirectly, in whole or in part, or has any interest in any tangible or intangible property used in the conduct of the Business, or (iii) is a party to an agreement or relationship, that involves the receipt by such Person of compensation or property from the Company or any Company Subsidiary other than through a customary employment relationship or through distributions made with respect to the Company Stock or equity interests in any Company Subsidiary (provided such distributions have been made consistent with the Company's or any Company Subsidiary's, as the case may be, past custom and practices). Schedule 4.21 sets forth the parties to and the date, nature and amount of each transaction during the last five years involving the transfer of any cash, property or rights to or from the Company or any Company Subsidiary from, to or for the benefit of any Affiliates 24 (other than customary employment relationships or distributions made with respect to the Company Stock) ("Affiliate Transactions"), and any existing commitments of the Company or any Company Subsidiary to engage in the future in any Affiliate Transactions. Except as disclosed, each Affiliate Transaction and each transaction with former Affiliates of the Company or any Company Subsidiary was effected on terms equivalent to those that would have been established in an arm's-length transaction.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

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