Common use of No Illegal or Improper Transactions Clause in Contracts

No Illegal or Improper Transactions. Neither the Company or any of its subsidiaries nor any shareholder, officer, director, employee, agent or Affiliate of any of them has offered, paid or agreed to pay to any Person (including any governmental official) or solicited, received or agreed to receive from any Person, directly or indirectly, any money or thing of value for the purpose or with the intent of (a) obtaining or maintaining business for the Company and its subsidiaries, (b) facilitating the purchase or sale of any product or service, or (c) avoiding the imposition of any fine or penalty, in any such case in any manner which is in violation of any applicable ordinance, regulation or law; and there have been no false or fictitious entries made in the books or records of the Company and its subsidiaries.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Viasource Communications Inc), Asset Purchase Agreement (Viasource Communications Inc)

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No Illegal or Improper Transactions. Neither the Company or nor any of its their respective subsidiaries nor any shareholder, officer, director, employee, agent or Affiliate of any of them has offered, paid or agreed to pay to any Person (including any governmental official) or solicited, received or agreed to receive from any Person, directly or indirectly, any money or thing of value for the purpose or with the intent of (a) obtaining or maintaining business for the either Company and or its respective subsidiaries, (b) facilitating the purchase or sale of any product or service, or (c) avoiding the imposition of any fine or penalty, in any such case in any manner which is in violation of any applicable ordinance, regulation or law; and there have been no false or fictitious entries made in the books or records of the either Company and or its respective subsidiaries.

Appears in 1 contract

Samples: Asset Purchase Agreement (Viasource Communications Inc)

No Illegal or Improper Transactions. Neither To the knowledge of the Company or any of its subsidiaries the Shareholders, neither the Company nor any shareholder, officer, director, employee, agent or Affiliate of any of them has offered, paid or agreed to pay to any Person (including any governmental official) or solicited, received or agreed to receive from any Person, directly or indirectly, any money or thing of value for the purpose or with the intent of (a) obtaining or maintaining business for the Company and its subsidiariesCompany, (b) facilitating the purchase or sale of any product or service, or (c) avoiding the imposition of any fine or penalty, in any such case in any manner which is in violation of any applicable ordinance, regulation or law; and there have been no false or fictitious entries made in the books or records of the Company and its subsidiariesCompany.

Appears in 1 contract

Samples: Merger Agreement (Viasource Communications Inc)

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No Illegal or Improper Transactions. Neither the Company or Company, any Subsidiary nor any of its subsidiaries nor any shareholderofficers, officerdirectors, directoremployees, employee, agent agents or Affiliate of any of them Affiliates has offered, paid or agreed to pay to any Person person or entity (including any governmental official) or solicited, received or agreed to receive from any Personsuch person or entity, directly or indirectly, any money or thing anything of value for the purpose or with the intent of (a) obtaining or maintaining business for the Company and its subsidiariesbusiness, (b) facilitating the purchase or sale of any product or service, or (c) avoiding the imposition of any fine or penalty, in any such case in any manner which is in violation of any applicable ordinance, regulation or law; and there have been no false or fictitious entries made in the books or records of the Company and its subsidiariesSubsidiaries.

Appears in 1 contract

Samples: Note and Warrant Purchase and Security Agreement (Avalon Digital Marketing Systems Inc)

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