Common use of Probity Checks Clause in Contracts

Probity Checks. The Regulatory and Compliance Committee of Buyer and the executive management of Buyer shall be completely satisfied, in their sole discretion, with the results of such probity checks as Buyer, in its sole discretion, considers necessary to satisfy Buyer that there is no derogatory information in respect of Shareholder or the Company that will jeopardize Buyer’s operations or contemplated operations in the eyes of any governmental or regulatory agency.

Appears in 4 contracts

Samples: Stock Purchase Agreement (White Gehrig H), Stock Purchase Agreement (Pokertek Inc), Stock Purchase Agreement (White Gehrig H)

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Probity Checks. The Regulatory and Compliance Committee of Buyer and the executive management of Buyer shall be completely satisfied, in their sole discretion, with the results of such probity checks as Buyer, in its sole discretion, considers necessary to satisfy Buyer that there is no derogatory information in respect of Shareholder or the Company that will jeopardize Buyer’s operations or contemplated operations in the eyes of any governmental or regulatory agency. 5.2.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Aristocrat International Pty LTD), Stock Purchase Agreement (Aristocrat International Pty LTD), Stock Purchase Agreement (Aristocrat International Pty LTD)

Probity Checks. The Regulatory and Compliance Committee of Buyer and the executive management of Buyer shall be completely satisfied, in their sole discretion, with the results of such probity checks as Buyer, in its sole discretion, considers necessary to satisfy Buyer that there is no derogatory information in respect of Shareholder or the Company that will jeopardize Buyer’s 's operations or contemplated operations in the eyes of any governmental or regulatory agency.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Aristocrat International Pty LTD), Stock Purchase Agreement (Aristocrat International Pty LTD)

Probity Checks. The Regulatory and Compliance Committee of Buyer and the executive management of Buyer shall be completely satisfied, in their sole discretion, with the results of such probity checks as Buyer, in its sole discretion, considers necessary to satisfy Buyer that there is no derogatory information in respect of the Shareholder or the Company that will jeopardize Buyer’s operations or contemplated operations in the eyes of any governmental or regulatory agency.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pokertek Inc)

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Probity Checks. The Regulatory and Compliance Committee of Buyer and the executive management of Buyer shall be completely satisfied, in their sole discretion, with the results of such probity checks as Buyer, in its sole discretion, considers necessary to satisfy Buyer that there is no derogatory information in respect of the Shareholder or the Company that will jeopardize Buyer’s 's operations or contemplated operations in the eyes of any governmental or regulatory agency.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aristocrat International Pty LTD)

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