Internal Accounting Measures. To the knowledge of the Company, the Company's system of internal accounting controls taken as a whole is sufficient to meet the broad objectives of internal accounting control insofar as those objectives pertain to the prevention or detection of errors or irregularities in amounts that would be material in relation to the Company's financial statements; and, to the knowledge of the Company, none of the Company or any employee or agent thereof, has made any payment of funds of the Company, or received or retained any funds of the Company, and no funds of the Company have been set aside to be used for any payment, in each case in violation of any law, rule, or regulation.
Appears in 3 contracts
Samples: Underwriting Agreement (Commonwealth Biotechnologies Inc), Underwriting Agreement (Commonwealth Biotechnologies Inc), Placement Agreement (Commonwealth Biotechnologies Inc)
Internal Accounting Measures. To the knowledge of the Company, the The Company's system of internal ---------------------------- accounting controls taken as a whole is sufficient to meet the broad objectives of internal accounting control insofar as those objectives pertain to the prevention or detection of errors or irregularities in amounts that would be material in relation to the Company's financial statements; and, to the knowledge of the Company, none of the Company or any employee or agent thereof, has made any payment of funds of the CompanyCompany as the case may be, or received or retained any funds of the Company, and no funds of the Company have been set aside to be used for any payment, in each case in violation of any law, rule, or regulation.
Appears in 1 contract
Samples: Selling Agency Agreement (Commonwealth Bankshares Inc)