Common use of No Illegal or Improper Transactions Clause in Contracts

No Illegal or Improper Transactions. Neither the Company nor any Subsidiary has, nor has any director, officer, employee, agent or affiliate of the Company or any Subsidiary, directly or indirectly, used funds or other assets of the Company or any Subsidiary, or made any promise or undertaking in such regard, for (i) illegal contributions, gifts, entertainment or other expenses relating to political activity; (ii) illegal payments to or for the benefit of governmental officials or employees, whether domestic or foreign; (iii) illegal payments to or for the benefit of any Person, or any director, officer, employee, agent, affiliate or representative thereof; or (iv) the establishment or maintenance of a secret or unrecorded fund; and, to the Knowledge of the Company, there have been no false or fictitious entries made in the books or records of the Company or any Subsidiary.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Perini Corp), Securities Purchase Agreement (American International Group Inc)

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No Illegal or Improper Transactions. Neither the Company Seller nor any Subsidiary has, nor nor, to the Knowledge of Seller, has any director, officer, employee, agent officer or affiliate employee of the Company Seller or any Subsidiary, directly or indirectly, used funds or other assets of the Company Seller or any Subsidiary, or made any promise or undertaking in such regard, for (ia) illegal contributions, gifts, entertainment or other expenses relating to political activity; (iib) illegal payments to or for the benefit of governmental officials or employees, whether domestic or foreign; (iiic) illegal payments to or for the benefit of any Person, or any director, officer, employee, agent, affiliate agent or representative thereof; or (ivd) the establishment or maintenance of a secret or unrecorded fund; and, to the Knowledge of the CompanySeller, there have been no false or fictitious entries made in the books or records of the Company Seller or any Subsidiary.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Perini Corp)

No Illegal or Improper Transactions. Neither the Company nor any Subsidiary hasCompany, nor has its Subsidiaries, nor the Members nor any director, officer, employee, agent officer or affiliate employee of the Company or any Subsidiaryand its Subsidiaries have, directly or indirectly, used funds or other assets of the Company or any Subsidiaryits Subsidiaries, or made any promise or undertaking in such regardregards, for (ia) illegal contributions, gifts, entertainment or other expenses relating to political activity; , (iib) illegal payments to or for the benefit of governmental officials or employees, whether domestic or foreign; , (iiic) illegal payments to or for the benefit of any Person, or any director, officer, employee, agent, affiliate agent or representative thereof; , or (ivd) the establishment or maintenance of a secret or unrecorded fund; and, to the Knowledge of the Company, and there have been no false or fictitious entries made in the books or records of the Company or any Subsidiaryits Subsidiaries.

Appears in 1 contract

Samples: Securities Exchange Agreement (Excel Corp)

No Illegal or Improper Transactions. Neither the Company nor any Subsidiary has, nor has any director, officer, employee, agent officer or affiliate employee of the Company or any Subsidiary, directly or indirectly, used funds or other assets of the Company or any Subsidiary, or made any promise or undertaking in such regardregards, for (ia) illegal contributions, gifts, entertainment or other expenses relating to political activity; (iib) illegal payments to or for the benefit of governmental officials or employees, whether domestic or foreign; , (iiic) illegal payments to or for the benefit of any Personperson, firm, corporation or other entity, or any director, officer, employee, agent, affiliate agency or representative thereof; or (ivd) the establishment or maintenance of a secret or unrecorded fund; and, to the Knowledge of the Company, and there have been no knowingly false or fictitious entries made in the books or records of the Company or any Subsidiary.

Appears in 1 contract

Samples: Purchase Agreement (Armco Inc)

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No Illegal or Improper Transactions. Neither None of the Company nor any Subsidiary hasCompany, nor has any directorthe Principals, officer, employee, agent or affiliate nor to the knowledge of the Company Principals, any of the Company's directors, officers or any Subsidiaryemployees has, directly or indirectly, indirectly used funds or other assets of the Company or any SubsidiaryCompany, or made any promise or undertaking in such regard, for (ia) illegal contributions, gifts, entertainment or other expenses relating to political activity; (iib) illegal payments to or for the benefit of governmental officials or employees, whether domestic or foreign; (iiic) illegal payments to or for the benefit of any Personperson, firm, corporation or other entity, or any director, officer, employee, agent, affiliate agent or representative thereof; or (ivd) the establishment or maintenance of a secret or unrecorded fund; and, to the Knowledge of the Company, and there have been no false or fictitious entries made in the books or records of the Company or any Subsidiarywith respect thereto.

Appears in 1 contract

Samples: Share Purchase Agreement (Lineo Inc)

No Illegal or Improper Transactions. Neither the Company nor any Subsidiary has, nor has any director, officer, employee, agent officer or affiliate employee of the Company or any Subsidiary, directly or indirectly, used funds or other assets of the Company or any Subsidiary, or made any promise or undertaking in such regard, for (ia) illegal contributions, gifts, entertainment or other expenses relating to political activity; (iib) illegal payments to or for the benefit of governmental officials or employees, whether domestic or foreign; , (iiic) illegal payments to or for the benefit of any Personperson, firm, corporation or other entity, or any director, officer, employee, agent, affiliate agent or representative thereof; or (iv) the establishment or maintenance of a secret or unrecorded fund; and, to the Knowledge of the Company, there have been no false or fictitious entries made in the books or records of the Company or any Subsidiary.;

Appears in 1 contract

Samples: Securities Purchase Agreement (Pride International Inc)

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