Propriety of Past Payments. (i) No unrecorded fund or asset of the Company or any of the Company's Subsidiaries has been established for any purpose, (ii) no accumulation or use of corporate funds of the Company or any of the Company's Subsidiaries has been made without being property accounted for in the books and records of the Company or any of the Company's Subsidiaries, (iii) no payment has been made by or on behalf of the Company or any of the Company's Subsidiaries with the understanding that any part of such payment is to be used for any purpose other than that described in the documents supporting such payment and (iv) none of the Company, any of the Company's Subsidiaries, any director, officer, employee or agent of the Company of any of the Company's Subsidiaries has, directly or indirectly, made any illegal contribution, gift, bribe, rebate, payoff, influence payment, kickback or other payment to any Person, private or public, regardless of form, whether in money, property or services, (A) to obtain favorable treatment for any stockholder, the Company, any of the Company's Subsidiaries or any affiliate of the Company in securing business, (B) to pay for favorable treatment for business secured for any stockholder, the Company, any of the Company's Subsidiaries or any affiliate of the Company, (C) to obtain special concessions, or for special concessions already obtained, for or in respect of any stockholder, the Company or any of the Company's Subsidiaries or any affiliate of the Company or (iv) otherwise for the benefit of any stockholder, the Company or any of the Company's Subsidiaries or any affiliate of the Company in violation of any federal, state, local, municipal, foreign, international, multinational or other administrative order, constitution, law, ordinance, principle of common law, regulation, statute, or treaty (including existing site plan approvals, zoning or subdivision regulations or urban redevelopment plans relating to Real Property). Neither the Company nor any of the Company's Subsidiaries nor any current directly, officer, agent, employee or other Person acting on behalf of the Company or any of the Company's Subsidiaries, has accepted or received any unlawful contribution, payment, gift, kickback, expenditure or other item of value.
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Samples: Stock Purchase Agreement (Communications Investors Group), Stock Purchase Agreement (Amtec Inc), Stock Purchase Agreement (Terremark Worldwide Inc)
Propriety of Past Payments. (ia) No unrecorded fund or asset of the Company or any of the Company's Subsidiaries Seller has been established for any purpose, (iib) no accumulation or use of corporate funds of the Company or any of the Company's Subsidiaries Seller has been made without being property properly accounted for in the books and records of the Company Seller or any of the Company's Subsidiariessuch Subsidiary, (iiic) no payment has been made by or on behalf of the Company or any of the Company's Subsidiaries Seller with the understanding that any part of such payment is to be used for any purpose other than that described in the documents supporting such payment and (ivd) none of the Company, any of the Company's SubsidiariesSeller, any director, officer, employee or agent of the Company Seller or any other Person associated with or acting for or on behalf of any of the Company's Subsidiaries Seller has, directly or indirectly, made any illegal contribution, gift, bribe, rebate, payoff, influence payment, kickback or other payment to any Person, private or public, regardless of form, whether in money, property or services, (Ai) to obtain favorable treatment for any stockholder, the Companyof Seller, any Affiliate of the Company's Subsidiaries or any affiliate of the Company Seller in securing business, (Bii) to pay for favorable treatment for business secured for any stockholderof Seller, the Company, any of the Company's Subsidiaries or any affiliate Affiliate of the CompanySeller, (Ciii) to obtain special concessions, or for special concessions already obtained, for or in respect of any stockholderof Seller, the Company or any Affiliate of the Company's Subsidiaries or any affiliate of the Company Seller or (iv) otherwise for the benefit of any stockholder, the Company of Seller or any Affiliate of the Company's Subsidiaries or any affiliate of the Company Seller in violation of any federal, state, local, municipal, foreign, international, multinational or other administrative order, constitution, law, ordinance, principle of common law, regulation, statute, or treaty (including existing site plan approvals, zoning or subdivision regulations or urban redevelopment plans relating to Leased Real Property). Neither the Company nor any of the Company's Subsidiaries Seller nor any current directlydirector, officer, agent, employee or other Person acting on behalf of the Company or any of the Company's SubsidiariesSeller, has accepted or received any unlawful contribution, payment, gift, kickback, expenditure or other item of value.
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Samples: Asset Purchase Agreement (Odetics Inc), Asset Purchase Agreement (Frequency Electronics Inc)
Propriety of Past Payments. To the Company’s knowledge, as of the Closing, (ia) No no unrecorded fund or asset of the Company or any of the Company's Subsidiaries its subsidiaries has been established for any purpose, (iib) no accumulation or use of corporate funds of the Company or any of the Company's Subsidiaries its subsidiaries has been made without being property properly accounted for in the books and records of the Company or any of the Company's Subsidiariesapplicable subsidiary, (iiic) no payment has been made by or on behalf of the Company or any of the Company's Subsidiaries its subsidiaries with the understanding that any part of such payment is to be used for any purpose other than that described in the documents supporting such payment and (ivd) none of the Company, Company or any of the Company's Subsidiariesits subsidiaries, or any directorof their directors, officerofficers, employee employees or agent agents or any other Person associated with or acting for or on behalf of the Company of or any of the Company's Subsidiaries its subsidiaries has, directly or indirectly, made any illegal contribution, gift, bribe, rebate, payoff, influence payment, kickback or other payment to any Person, private or public, regardless of form, whether in money, property or services, (Ai) to obtain favorable treatment for any stockholder, the Company, any of the Company's Subsidiaries Subsidiary or any affiliate of the Company their respective affiliates in securing business, (Bii) to pay for favorable treatment for business secured for any stockholder, the Company, any of the Company's Subsidiaries Subsidiary or any affiliate of the Companytheir respective affiliates, (Ciii) to obtain special concessions, or for special concessions already obtained, for or in respect of the Company, any stockholder, the Company Subsidiary or any of the Company's Subsidiaries or any affiliate of the Company their respective affiliates or (iv) otherwise for the benefit of the Company, any stockholder, the Company Subsidiary or any of the Company's Subsidiaries or any affiliate of the Company their respective affiliates in violation of any federal, state, local, municipal, foreign, international, multinational or other administrative order, constitution, law, ordinance, principle of common law, regulation, statutestatute or treaty. To the Company’s knowledge, or treaty (including existing site plan approvals, zoning or subdivision regulations or urban redevelopment plans relating to Real Property). Neither none of the Company nor or any of the Company's Subsidiaries nor its subsidiaries or any of their current directlydirectors, officerofficers, agentagents, employee employees or other Person acting on behalf of the Company or any of the Company's Subsidiariesits subsidiaries, has accepted or received any unlawful contribution, payment, gift, kickback, expenditure or other item of value.
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Samples: Series C Convertible Preferred Stock Purchase Agreement (Intercept Pharmaceuticals Inc)
Propriety of Past Payments. (ia) No unrecorded fund or asset of the any Company or any of the Company's Subsidiaries has been established for any purpose, (iib) no accumulation or use of corporate funds of the any Company or any of the Company's Subsidiaries has been made without being property properly accounted for in the books and records of the Company or any of the Company's Subsidiaries, (iiic) no payment has been made by or on behalf of the any Company or any of the Company's Subsidiaries with the understanding that any part of such payment is to be used for any purpose other than that described in the documents supporting such payment and (ivd) none of the Company, any of the Company's SubsidiariesCompanies, any director, officer, employee or agent of the Company Companies or any other person associated with or acting for or on behalf of any of the Company's Subsidiaries Companies has, directly or indirectly, made any illegal contribution, gift, bribe, rebate, payoff, influence payment, kickback or other payment to any Personperson, private or public, regardless of form, whether in money, property or services, (Ai) to obtain favorable treatment for any stockholder, of the CompanyShareholders, any of the Company's Subsidiaries Companies, or any affiliate of the Company Companies in securing business, (Bii) to pay for favorable treatment for business secured for any stockholder, of the CompanyShareholder, any of the Company's Subsidiaries Companies or any affiliate of any of the CompanyCompanies, (Ciii) to obtain special concessions, or for special concessions already obtained, for or in respect of any stockholderof the Shareholders, the Company or any of the Company's Subsidiaries Companies, or any affiliate of any of the Company Companies or (iv) otherwise for the benefit of any stockholderof the Shareholders, the Company or any of the Company's Subsidiaries Companies, or any affiliate of any of the Company Companies in violation of any federal, state, local, municipal, foreign, international, multinational or other administrative order, constitution, lawLaw, ordinance, principle of common law, regulation, statute, or treaty (including existing site plan approvals, zoning or subdivision regulations or urban redevelopment plans relating to Real Propertyreal property). Neither the Company nor any None of the Company's Subsidiaries nor Companies, or any current directlydirector, officer, agent, employee or other Person person acting on behalf of the Company or any of the Company's SubsidiariesCompanies, has (i) used funds for unlawful contributions, gifts, entertainment or other unlawful expenses related to political activity or (ii) accepted or received any unlawful contribution, payment, gift, kickback, expenditure or other item of value.
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Propriety of Past Payments. Within the five (i5) No year period preceding the date of this Agreement, (a) neither the Company nor any Company Subsidiary has established any unrecorded fund or asset of the Company or any of the Company's Subsidiaries has been established for any purpose, (iib) no neither the Company nor any Company Subsidiary has accumulated or used its corporate funds without accurately and fairly recording such accumulation or use of corporate funds of the Company or any of the Company's Subsidiaries has been made without being property accounted for in the books and records of the Company or any of such Company Subsidiary, as the Company's Subsidiariescase may be, (iiic) no payment has been made by or on behalf of neither the Company nor any Company Subsidiary has made, offered or promised any of the Company's Subsidiaries payment with the understanding that any part of such payment is to be used for any purpose other than that described in the documents supporting such payment and (ivd) none neither of the Company, any Company Subsidiary, any director or officer, or, to the Knowledge of the Company's Subsidiaries, any director, officerCompany or such Company Subsidiary, employee or agent of the Company of or any of the Company's Subsidiaries Company Subsidiary has, directly or indirectly, made any illegal contribution, gift, bribe, rebate, payoff, influence payment, kickback or other payment to any Person, private or public, regardless of form, whether in money, property property, services or servicesanything of value, (Ai) to obtain favorable treatment for any stockholderCompany Shareholder, the Company, any of the Company's Subsidiaries Company or any affiliate of the Company Subsidiary in securing business, (Bii) to pay for favorable treatment for business (including any financial or commercial advantage) secured for any stockholderCompany Shareholder, the Company, any of the Company's Subsidiaries Company or any affiliate of the CompanyCompany Subsidiary, (Ciii) to obtain special concessions, or for special concessions already obtained, for or in respect of any stockholderCompany Shareholder, the Company or any of the Company's Subsidiaries or any affiliate of the Company Subsidiary or (iv) otherwise for the benefit of any stockholderCompany Shareholder, the Company or any of the Company's Subsidiaries or any affiliate of the Company Subsidiary, in each such case in violation of any federalLaw. During the five (5) year period preceding the date of this Agreement, state, local, municipal, foreign, international, multinational or other administrative order, constitution, law, ordinance, principle of common law, regulation, statute, or treaty (including existing site plan approvals, zoning or subdivision regulations or urban redevelopment plans relating to Real Property). Neither the Company nor any none of the Company's Subsidiaries nor , any Company Subsidiary or any current directly, director or officer, agentor, employee or other Person acting on behalf of to the Company or any Knowledge of the Company's Subsidiaries, agent or employee has (y) used funds for unlawful contributions, gifts, entertainment or other unlawful expenses related to political activity or (z) accepted or received any unlawful contribution, payment, gift, kickback, expenditure or other item of value. Neither the Company nor any of its Subsidiaries has Knowledge of any violation by it of the Foreign Corrupt Practices Act.
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