Relationships with Related Parties. No relationship, direct or indirect, exists between or among any of the Company or any affiliate of the Company, on the one hand, and any director, officer, stockholder, customer or supplier of the Company or any affiliate of the Company, on the other hand, which is required by the 1933 Act and the 1933 Act Regulations to be described in the Registration Statement, the General Disclosure Package and the Final Prospectus which is not so described or is not described as required. There are no outstanding loans, advances (except normal advances for business expenses in the ordinary course of business) or guarantees of indebtedness by the Company to or for the benefit of any of the officers or directors of the Company or any of their respective family members, except as disclosed in the Registration Statement, the General Disclosure Package and the Final Prospectus.
Relationships with Related Parties. Except as set forth on Section 3.24 of the Seller Disclosure Schedule, no Related Party of the Seller has any interest in any property (real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Business as currently conducted and except for the ownership of less than 2% of the outstanding common stock of a publicly-held corporation, owns of record or as a beneficial owner, an equity interest or any other financial interest in a Person that has had business dealings or a material financial interest in any transaction with the Business.
Relationships with Related Parties. No relationship, direct or indirect, exists between or among the Company or any of its subsidiaries, on the one hand, and the directors, officers, stockholders, customers or suppliers of the Company or any of its subsidiaries, on the other, that is required by the Form 1-A Regulation A Offering Statement under the 1933 Act to be described in the Offering Statement, the Preliminary Offering Circular, the Offering Circular and the General Disclosure Package and that is not so described.
Relationships with Related Parties. Except as set forth in Schedule 5.22, neither the Company, nor any Person related to or affiliated with any Member owns or has owned (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has (i) had business dealings or a material financial interest in any transaction with the Company other than business dealings or transactions conducted in the Ordinary Course of Business with the Company at substantially prevailing market prices and on substantially prevailing market terms or (ii) engaged in a business competing with the Company with respect to any line of the products or services of the Company in any market presently served by the Company except for less than one percent (1%) of the outstanding capital stock of any such competing business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth in Schedule 5.22, no Affiliate of any Member is a party to any Contract with, or has any claim or right against, the Company.
Relationships with Related Parties. Except as set forth in Schedule 4.20, neither the Company nor, to the Company’s knowledge, any of its Affiliates owns (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has had business dealings or a financial interest in any transaction with the Company, other than business dealings or transactions conducted in the Ordinary Course of Business with the Company at substantially prevailing market prices and on substantially prevailing market terms. Except as set forth in Schedule 4.20, no Affiliate of the Company is a party to any Contract with, or has any claim or right against, the Company.
Relationships with Related Parties. Except as set forth on the Disclosure Schedule, no shareholder (or any affiliate of any shareholder) of the Sellers has, or since January 1, 1993, has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used by the Sellers. No Shareholder (or any affiliate of a Shareholder) is or since January 1, 1993 has owned (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has: (a) had material business dealings or a material financial interest in any transaction with either Seller; or (b) engaged in competition with either Seller with respect to any line of the products or services of either Seller (a "Competing Business") in any market presently served by either Seller except for less than one percent of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth on the Disclosure Schedule, no shareholder (or any affiliate of a shareholder) of the Sellers is a party to any Contract with, or has any claim or right against, Sellers.
Relationships with Related Parties. Except as set forth on the Disclosure Schedule, no Principal Shareholder or any affiliate of any Principal Shareholder or of Seller has, or since January 1, 1996, has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Business. Except as set forth on the Disclosure Schedule, no Principal Shareholder or any affiliate of a Principal Shareholder or of Seller owns, or since January 1, 1996 has owned, an equity interest (of record or as a beneficial 23 owner) or any other financial or profit interest in, a Person that has (i) had business dealings or a material financial interest in any transaction with the Business of the type required to be disclosed under Securities and Exchange Commission Regulation S-K, Item 404 ("Item 404"), or (ii) engaged in competition with the Business with respect to any products or services of the Business (a "Competing Business") in any market presently served by the Business except for less than one percent of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth on the Disclosure Schedule, no Principal Shareholder or any affiliate of a Principal Shareholder or of Seller is a party to any Contract with, or has any claim or right against, Seller with respect to the Business of the type required to be disclosed under Item 404.
Relationships with Related Parties. Except as set forth on the Disclosure Schedule, no Stockholder and no director, officer or manager of NuTool has any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used by NuTool. No director, officer or manager of NuTool owns (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that: (a) has ongoing material business dealings or a material financial interest in ongoing transactions with NuTool; or (b) is engaged in competition with NuTool with respect to any line of the products or services of NuTool (a “Competing Business”) in any market presently served by NuTool except for less than one percent of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth on the Disclosure Schedule, no Stockholder or any director, officer or manager of NuTool is a party to any Contract with NuTool, other than to the extent any such Person has appraisal rights under the DGCL as a result of the transactions described in this Agreement.
Relationships with Related Parties. (a) No officer or director of Toreador or any of its Subsidiaries or any Affiliate of any of the foregoing, (a) has any interest in any property (real, personal, or mixed and whether tangible or intangible), used in or pertaining to the business of Toreador or any of its Subsidiaries as currently conducted or contemplated to be conducted or (b) is a party to any Contract (except for employment, stock option, restricted stock and similar agreements, which are filed in the Toreador Reports) with Toreador or any of its Subsidiaries, including with respect to compensation or remuneration to be paid to such officer or director or Affiliate in connection with this Agreement or the transactions contemplated by this Agreement.
(b) Neither Toreador nor any of its Subsidiaries is indebted, directly or indirectly, to any Person who is an Affiliate, officer or director of Toreador or any of its Subsidiaries in any amount whatsoever, other than for salaries for services rendered or reimbursable business expenses, nor is any such Affiliate, officer or director indebted to Toreador or any of its Subsidiaries, except for advances made to employees of Toreador or any of its Subsidiaries in the ordinary course of business consistent with past practice to meet reimbursable business expenses reasonably anticipated to be incurred by such obligor.
Relationships with Related Parties. (a) No officer, director, or Member of ZaZa or any of its Subsidiaries nor any Affiliate of any of the foregoing (a) has any interest in any property (real, personal, or mixed and whether tangible or intangible), used in or pertaining to the business of ZaZa or any of its Subsidiaries as currently conducted or contemplated to be conducted or (b) is a party to any Contract (except for employment, stock option, restricted stock and similar agreements) with ZaZa or any of its Subsidiaries, including with respect to compensation or remuneration to be paid to such officer, director, Member or Affiliate in connection with this Agreement or the transactions contemplated by this Agreement. For purposes of this Agreement:
