Common use of RELATIONSHIPS WITH RELATED PERSONS Clause in Contracts

RELATIONSHIPS WITH RELATED PERSONS. Neither Sellers nor any Related Person of Sellers or of 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 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 competition with the Company with respect to any line of the products or services of the Company (a "Competing Business") in any market presently served by 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. Except as set forth in Schedule 3.25, neither Sellers nor any Related Person of Sellers or of the Company is a party to any Contract with, or has any claim or right against, the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Master Graphics Inc), Stock Purchase Agreement (Master Graphics Inc)

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RELATIONSHIPS WITH RELATED PERSONS. Neither Sellers nor Except as set forth on Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers or of the Company has had any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Company's business. No Seller or any Related Person of Sellers or of the Company is, 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 termsCompany, or (ii) engaged in competition with the Company with respect to any line of the products or services of the Company (a "Competing Business") in any market presently served by 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 marketCompany. Except as set forth in Schedule 3.25Part 3.25 of the Disclosure Letter, neither Sellers nor no Seller or any Related Person of Sellers or of the Company is a party to any Contract with, or has any claim or right against, against the Company.

Appears in 1 contract

Samples: Merger Agreement (Office Centre Corp)

RELATIONSHIPS WITH RELATED PERSONS. Neither Sellers To Seller's Knowledge, except as set forth on Schedule 3.25 Seller nor any Related Person of Sellers Seller or of 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 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 competition with the Company with respect to any line of the products or services of the Company (a "Competing Business") in any market presently served by 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. Except as set forth in Schedule 3.25, neither Sellers Seller nor any Related Person of Sellers Seller or of the Company is a party to any Contract with, or has any claim or right against, the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Master Graphics Inc)

RELATIONSHIPS WITH RELATED PERSONS. Neither Sellers the Seller nor any Related Person of Sellers Seller or of the Company except as disclosed in the Disclosure Letter has, or has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Company' businesses. No Seller or any Related Person of Seller or of the Company 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 termsCompany, or (ii) engaged in competition with the Company with respect to any line of the products or services of the such Company (a "Competing Business") in any market presently served by 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 marketsuch Company. Except as set forth in Schedule 3.25Part 3.25 of the Disclosure Letter, neither Sellers nor no Seller or any Related Person of Sellers Seller or of the Company is a party to any Contract with, or has any claim or right against, the Company.

Appears in 1 contract

Samples: LLC Ownership Interest Purchase Agreement (Vystar Corp)

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RELATIONSHIPS WITH RELATED PERSONS. Neither Sellers nor Except as set forth on Part 3.22, no Seller or any Related Person of Sellers or of the Company has had any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Company's business. No Seller or any Related Person of Sellers or of the Company is, or since 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 termsCompany, or (ii) engaged in competition with the Company with respect to any line of the products or services of the Company (a "Competing Business") in any market presently served by 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 marketCompany. Except as set forth in Schedule 3.25Part 3.25 of the Disclosure Letter, neither Sellers nor no Seller or any Related Person of Sellers or of the Company is a party to any Contract with, or has any claim or right against, against the Company.

Appears in 1 contract

Samples: Merger Agreement (Office Centre Corp)

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