Common use of Sensitive Payments Clause in Contracts

Sensitive Payments. To the best of the Seller's knowledge, the Seller has not (a) made any contributions, payments or gifts to or for the private use of any governmental official, employee or agent where either the payment or the purpose of such contribution, payment or gift is illegal under the laws of the United States or the jurisdiction in which made, (b) established or maintained any unrecorded fund or asset for any purpose or made any false or artificial entries on its or their books, or (c) made any payments to any person with the intention that any part of such payment was to be used for any purpose other than that described in the documents supporting the payment.

Appears in 4 contracts

Samples: , 1998 Asset Purchase Agreement (Executive Telecard LTD), Asset Purchase Agreement (American United Global Inc), Asset Purchase Agreement (American United Global Inc)

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