Common use of Representations of Recipient Clause in Contracts

Representations of Recipient. Recipient makes the following representations to MTI, which MTI has relied upon in entering into the KickStarter Agreement: 5.1 The Recipient has the authority to execute and deliver this Agreement and any other documents, certificates or agreements required by MTI to be executed in connection with this Agreement, without limitation, and to execute the transactions contemplated thereby. 5.2 The Recipient is a (corporation, partnership, sole proprietorship, limited liability company or other entity) in good standing to do business under the laws of the State of Maine, and has authority to conduct its business. 5.3 Neither this Agreement or any other documents, certificates or agreements required by MTI to be executed in connection with this Agreement, nor the Recipient’s Application to MTI for this Phase 0 KickStarter contains any untrue statement of a material fact or any omission of a material fact. 5.4 There has been no material adverse change in the business, assets, operations or financial conditions of Recipient, or in the matters described in the Application pertaining to the Project since Recipient’s submission of the Application. 5.5 Recipient, its Directors and Officers have not been convicted of a felony or debarred from participating in contracts with the State of Maine or the federal government. 5.6 Recipient has filed all federal, state and local tax returns and reports as required by law. Recipient has paid all taxes, assessments and governmental charges due except those contested in good faith. Recipient has withheld or collected from its employees all required taxes, and has paid the same to the proper tax-receiving officers and authorized depositories. No deficiency assessment or tax lien by any federal, state, county or local authority is outstanding against Recipient’s assets, property or business. 5.7 Recipient has disclosed any relationship, direct or indirect, between Recipient, its Officers, Directors, members or employees, and MTI, and is in compliance with the conflict of interest provisions of 5 M.R.S.A. Chapter 407, Section 15307.

Appears in 2 contracts

Samples: Kickstarter Agreement, Kickstarter Agreement

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Representations of Recipient. Recipient makes the following representations to MTI, which MTI has relied upon in entering into the KickStarter Grant Agreement: 5.1 The Recipient has the authority to execute and deliver this Agreement and any other documents, certificates or agreements required by MTI to be executed in connection with this Agreement, without limitation, and to execute the transactions contemplated thereby. 5.2 The Recipient is a ([corporation, partnership, sole proprietorship, limited liability company or other business entity) ] in good standing to do business under the laws of the State of Maine, and has authority to conduct its business. 5.3 Neither this Agreement or any other documents, certificates or agreements required by MTI to be executed in connection with this Agreement, nor the Recipient’s Application to MTI for this Phase 0 KickStarter Development Award contains any untrue statement of a material fact or any omission of a material fact. 5.4 There has been no material adverse change in the business, assets, operations or financial conditions of Recipient, or in the matters described in the Application pertaining to the Project since Recipient’s submission of the Application. 5.5 Recipient, its Directors and Officers have not been convicted of a felony or debarred from participating in contracts with the State of Maine or the federal government. 5.6 Recipient has filed all federal, state and local tax returns and reports as required by law. Recipient has paid all taxes, assessments and governmental charges due except those contested in good faith. Recipient has withheld or collected from its employees all required taxes, and has paid the same to the proper tax-receiving officers and authorized depositories. No deficiency assessment or tax lien by any federal, state, county or local authority is outstanding against Recipient’s assets, property or business. 5.7 Recipient has disclosed any relationship, direct or indirect, between Recipient, its Officers, Directors, members or employees, and MTI, and is in compliance with the conflict of interest provisions of 5 M.R.S.A. Chapter 407, Section 15307.

Appears in 1 contract

Samples: Grant Agreement

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Representations of Recipient. Recipient makes the following representations to MTI, which MTI has relied upon in entering into the KickStarter Grant Agreement: 5.1 The Recipient has the authority to execute and deliver this Agreement and any other documents, certificates or agreements required by MTI to be executed in connection with this Agreement, without limitation, and to execute the transactions contemplated thereby. 5.2 The Recipient is a (corporation, partnership, sole proprietorship, limited liability company or other entity) in good standing to do business under the laws of the State of Maine, and has authority to conduct its business. 5.3 Neither this Agreement or any other documents, certificates or agreements required by MTI to be executed in connection with this Agreement, nor the Recipient’s Application to MTI for this Phase 0 KickStarter Development Award contains any untrue statement of a material fact or any omission of a material fact. 5.4 There has been no material adverse change in the business, assets, operations or financial conditions of Recipient, or in the matters described in the Application pertaining to the Project since Recipient’s submission of the Application. 5.5 Recipient, its Directors and Officers have not been convicted of a felony or debarred from participating in contracts with the State of Maine or the federal government. 5.6 Recipient has filed all federal, state and local tax returns and reports as required by law. Recipient has paid all taxes, assessments and governmental charges due except those contested in good faith. Recipient has withheld or collected from its employees all required taxes, and has paid the same to the proper tax-receiving officers and authorized depositories. No deficiency assessment or tax lien by any federal, state, county or local authority is outstanding against Recipient’s assets, property or business. 5.7 Recipient has disclosed any relationship, direct or indirect, between Recipient, its Officers, Directors, members or employees, and MTI, and is in compliance with the conflict of interest provisions of 5 M.R.S.A. Chapter 407, Section 15307.

Appears in 1 contract

Samples: Techstart Grant Agreement

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