Common use of Transactions with Interested Persons Clause in Contracts

Transactions with Interested Persons. Neither Seller nor any principal, officer, supervisory employee or director of Seller or any of their respective spouses or family members owns directly or indirectly, on an individual or joint basis, any material interest in, or serves as an officer or director or in another similar capacity of, any competitor or supplier of Seller, or any organization which has a material contract or arrangement with Seller.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Fortune Diversified Industries Inc), Asset Purchase Agreement (Fortune Diversified Industries Inc), Asset Purchase Agreement (Fortune Carter M)

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Transactions with Interested Persons. Neither Seller Except as set forth in Schedule 2.24 hereto, neither Seller, nor any principalstockholder, officer, supervisory employee or director of Seller or or, to the knowledge of Seller, any of their respective spouses or family members owns directly or indirectly, indirectly on an individual or joint basis, basis any material interest in, or serves as an officer or director or in another similar capacity of, any competitor or supplier of Seller, or any organization which has a material contract or arrangement with Seller.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement (Brooktrout Technology Inc)

Transactions with Interested Persons. Neither Seller Except as set forth on Schedule 2.22 hereto, neither Seller, nor any principalshareholder, officer, supervisory employee or director of Seller or, to the knowledge of Seller or the Principal Shareholder, any of their respective spouses or family members owns directly or indirectly, indirectly on an individual or joint basis, basis any material interest in, or serves as an officer or director or in another similar capacity of, any competitor or supplier of Seller, or any organization which has a material contract or arrangement with Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Duro Communications Corp), Asset Purchase Agreement (Duro Communications Corp)

Transactions with Interested Persons. Neither Seller nor any principal, officer, supervisory director, manager or employee or director of Seller or any of their respective spouses or family members owns directly or indirectly, indirectly on an individual or joint basis, basis any material interest in, or serves as an officer or officer, director or manager in another similar capacity of, any competitor competitor, supplier, or supplier customer of Sellerthe Business, or any organization which has a material contract Contract or arrangement with SellerSeller relating to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Adex Media, Inc.)

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Transactions with Interested Persons. Neither To the Knowledge of Seller, neither Seller nor any principal, officer, supervisory employee or director of Seller or any of their respective spouses or family members owns directly or indirectly, indirectly on an individual or joint basis, basis any material interest in, or serves as an officer or director or in another similar capacity of, any competitor or supplier of Sellerthe Business, or any organization which has a material contract Contract or arrangement with SellerSeller relating to the operation of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Viasat Inc)

Transactions with Interested Persons. Neither Seller nor any principalTo the best of Seller's knowledge, no officer, supervisory management employee or director of Seller or any of their respective spouses or family members members, owns directly or indirectly, indirectly on an individual or joint basis, basis any material interest in, or serves as an officer or director or in another similar capacity of, any competitor competitor, distributor or supplier of Seller, Seller or any organization which has a material contract or arrangement with Seller.

Appears in 1 contract

Samples: Purchase Agreement (Harvard Bioscience Inc)

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