Common use of No Payments Clause in Contracts

No Payments. No payments of any kind have been made or authorized since the date of the Purchaser Financial Statements to or on behalf of officers, directors, shareholders or employees of the Purchaser or under any management agreements with the Purchaser;

Appears in 9 contracts

Samples: Merger Agreement (Greenwood Hall, Inc.), Merger Agreement (Bahadoorsingh Mahase), Share Exchange Agreement (Paramount Services Corp)

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No Payments. No payments of any kind have been made or authorized since the date of the Purchaser Financial Statements to or on behalf of officers, directors, shareholders or employees of the Purchaser or its subsidiaries or under any management agreements with Purchaser or its subsidiaries, except payments made in the Purchaserordinary course of business and at the regular rates of salary or other remuneration payable to them;

Appears in 1 contract

Samples: Securities Offering Agreement (Autocarbon Inc)

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