RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company or any Related Person of each Seller or of either Acquired Company has, or since the first day of the next to last completed fiscal year of any Acquired Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any Acquired Company’s business. Neither Seller, Acquired Company or any Related Person of each Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any Acquired Company at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any Acquired Company (a “Competing Business”) in any market presently served by any Acquired Company 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. Neither Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 3 contracts
Samples: Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BOQI International Medical, Inc.)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of either any Acquired Company has, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company [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-the- counter market]. Neither Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of each Seller Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 3 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company except for less than one percent Company. Except as set forth in Part 3.25 of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Neither Disclosure Letter, no Seller or any Related Person of each Seller Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Log on America Inc), Stock Purchase Agreement (Log on America Inc)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company 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. Neither Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of each Seller Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 2 contracts
Samples: Stock Purchase Agreement (United Shields Corp/Oh/), Partnership Interests Purchase Agreement (Texas Industries Inc)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company or Seller nor any Related Person of each Seller or of either Acquired the Company has, or since the first day of the next to last completed fiscal year of any Acquired the Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any Acquired the Company’s 's business, except for property used by Seller's home office personnel to oversee the operations of the Company. Neither Seller, Acquired Company or Seller nor any Related Person of each Seller or of any Acquired the Company is, or since the first day of the next to last completed fiscal year of any Acquired the Company 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 any Acquired the Company other than business dealings or transactions conducted in the Ordinary Course of Business with any Acquired the Company at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired the Company with respect to any line of the products or services of any Acquired the Company (a “"Competing Business”") in any market presently served by any Acquired the Company 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. Neither Except as set forth in Part 3.25 of the Disclosure Letter, neither Seller or nor any Related Person of each Seller or of any Acquired the Company is a party to any Contract with, or has any claim or right against, any Acquired the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Dynamic Health Products Inc), Acquisition Agreement (Nutriceuticals Com Corp)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company or Naviset nor any Related Person of each Seller Naviset or of either any of the Acquired Company Companies has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, No Acquired Company or any Related Person of each Seller Naviset or of any of the Acquired Company Companies is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any of the Acquired Company Companies other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any of the Acquired Company Companies with respect to any line of the products or services of Naviset or any Acquired Company of its Subsidiaries (a “"Competing Business”") in any market presently served by any Acquired Company Companies 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. Neither Seller or Except as set forth in Section 3.26 of the Disclosure Schedule, neither Naviset nor any Related Person of each Seller Naviset or of any Acquired Company its Subsidiaries is a party to any Contract with, or has any claim or right against, any of the Acquired CompanyCompanies.
Appears in 1 contract
RELATIONSHIPS WITH RELATED PERSONS. Neither the Seller, Acquired Company or any Related Person of each Seller or of either Acquired Company has, or since the first day of the next to last completed fiscal year of any Acquired Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any Acquired Company’s business. Neither the Seller, Acquired Company or any Related Person of each Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any Acquired Company at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any Acquired Company (a “Competing Business”) in any market presently served by any Acquired Company 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. Neither the Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Stock Purchase Agreement (China Liberal Education Holdings LTD)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of either any Acquired Company has, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company [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]. Neither Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of each Seller Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Stock Purchase Agreement
RELATIONSHIPS WITH RELATED PERSONS. Neither SellerExcept as disclosed in Part 3.25 of the Disclosure Letter, Acquired Company or neither Seller nor any Related Person Controlled subsidiary of each Seller or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any Acquired Company January 1, 1998 has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company or Seller nor any Related Person Controlled subsidiary of each Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company January 1, 1998 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company [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]. Neither Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company. Anything set forth in this Agreement to the contrary notwithstanding, for purposes of this Section 3.25, the term "Related Person" of Seller or any of the Acquired Companies does not include (i) any owner of properties or assets managed by any of the Acquired Companies or (ii) other parties to any property management agreements.
Appears in 1 contract
RELATIONSHIPS WITH RELATED PERSONS. Neither SellerExcept as set forth in Part 3.25 of the Disclosure Letter, Acquired Company no Seller or any Related Person of each Seller or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies’ businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “Competing Business”) in any market presently served by any such Acquired Company [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]. Neither Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies’ businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “Competing Business”) in any market presently served by any such Acquired Company 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. Neither No Seller or any Related Person of each Seller Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
RELATIONSHIPS WITH RELATED PERSONS. Neither SellerExcept as set forth in Schedule 3.21 of the ANI Disclosure Letter, Acquired Company or neither ANI nor any Related Person of each Seller ANI or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any Acquired Company October 1, 1999, has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither SellerExcept as set forth in Schedule 3.21 of the ANI Disclosure Letter, Acquired Company or neither ANI nor any Related Person of each Seller ANI or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company October 1, 1999, has owned (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has has:
(ia) had business dealings or a material financial interest in any transaction with any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or ; or
(iib) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company except for less than one percent (1%) of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Neither Seller or Except as set forth in Schedule 3.21 of the Disclosure Letter, to ANI's Knowledge, neither ANI nor any Related Person of each Seller ANI or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Stock Purchase Agreement (Advanced Nutraceuticals Inc/Tx)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies’ businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “Competing Business”) in any market presently served by any such Acquired Company 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. Neither No Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Stockholder or any Related Person of each Seller Stockholders or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies’ businesses. Neither Seller, Acquired Company No Stockholder or any Related Person of each Seller Stockholders or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “Competing Business”) in any market presently served by any such Acquired Company 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. Neither Seller Except as set forth in Part 4.23 of the Primal Disclosure Letter, no Stockholder or any Related Person of each Seller Stockholders or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller Sellers or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company 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. Neither Except as set forth in Part 3.24 of the Disclosure Letter, no Seller or any Related Person of each Seller Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Drugmax Com Inc)
RELATIONSHIPS WITH RELATED PERSONS. Neither SellerWith respect to the XxXxxx Trust, Acquired Company or CLIP and the Management Option Holders, neither such Seller nor any Related Person of each such Seller or of either Acquired Company has, or since the first day of the next to last completed fiscal year of any Acquired Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining the Acquired Companies' businesses. With respect to any Acquired Company’s business. Neither Sellerthe XxXxxx Trust, Acquired Company or CLIP and the Management Option Holders, no such Seller nor any Related Person of each such Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company has owned owns (of record or as a beneficial owner) an a material equity interest or any other material financial or profit interest in, a Person that has (i) had business dealings or a material financial interest in any transaction with any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the physical therapy or chiropractic products or services of any such Acquired Company (a “"Competing Business”") in any market for physical therapy or chiropractic equipment presently served by any such Acquired Company 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. Neither Except as set forth in Part 3.24 of the Disclosure Letter, with respect to the XxXxxx Trust, CLIP and the Management Option Holders, no such Seller or nor any Related Person of each such Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, with any Acquired Company.
Appears in 1 contract
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Seller or any Related Person of each Seller or of either any Acquired Company has, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Seller or any Related Person of each Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of any the Acquired Company Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company [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-the- counter market]. Neither Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: LLC Ownership Interest Purchase Agreement (Vystar Corp)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company No Vendor or any Related Person of each Seller Principal Vendors or of either any Acquired Company Com-pany has, or since the first day of the next to last completed fiscal year of any Acquired Company January 1, 1999 has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies' businesses. Neither Seller, Acquired Company No Vendor or any Related Person of each Seller Principal Vendors or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company January 1, 1999 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “"Competing Business”") in any market presently served by any such Acquired Company except for less than one percent of the outstanding capital stock of any Competing Business that is publicly traded on any recognized recognised exchange or in the over-the-counter market. Neither Seller Except as set forth in Part 4.25 of the Disclosure Letter, no Vendor or to Vendors Knowledge any Related Person of each Seller Principal Vendors or of any Acquired Company is a party to any Contract Contract, other than employment contracts with the Acquired Companies with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Agreement for the Purchase of Share Capital (Measurement Specialties Inc)
RELATIONSHIPS WITH RELATED PERSONS. Neither Seller, Acquired Company the Seller or any Related Person of each the Seller or of either any Acquired Company has, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any the Acquired Company’s businessCompanies businesses. Neither Seller, Acquired Company or the Seller nor any Related Person of each the Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any the Acquired Company Companies 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 any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any the Acquired Company Companies at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any such Acquired Company (a “Competing Business”) in any market presently served by any such Acquired Company 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. Neither the Seller or nor any Related Person of each the Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.
Appears in 1 contract
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.)