Examples of Truth in Negotiations Act in a sentence
During the ten-year period preceding the Execution Date, Seller has not conducted or initiated any internal investigation or made a voluntary or involuntary disclosure to any Federal Government Customer with respect to (I) material liability under the False Claims Act, (II) a claim for material price adjustment under the Truth in Negotiations Act, or (III) any other request for a material reduction in the price of any Government Contracts, including claims based on actual or alleged defective pricing.
The Business has taken no action since January 1, 2017, and is not party to any litigation, that would reasonably be expected to give rise to (A) material liability under the False Claims Act, (B) a material claim for price adjustment under the Truth in Negotiations Act, or (C) any other request for a material reduction in the price of any Current Government Contracts, including claims based on actual or defective pricing.
To the Knowledge of Arrow, no facts exist which could give rise to a material claim for price adjustment under the Truth in Negotiations Act or to any other request for a material reduction in the price of any Dagger Government Contracts.
Some contracts and contract modifications are subject to the data disclosure requirements under the Truth in Negotiations Act.
Seller has not taken any action and is not a party to any litigation that could reasonably be expected to give rise to (i) a claim for price adjustment under the Truth in Negotiations Act; or (ii) any other request for a material reduction in the price of any Government Contract, including but not limited to claims based on actual or alleged defective pricing.
Seller is not party to any ligation and has taken no action that could reasonably be expected to give rise to a request for a material reduction in the price of any Government Contracts, including, without limitation, any (i) liability under the False Claims Act or (ii) claim for price adjustment under the Truth in Negotiations Act.
Seller has not taken any action and is not a party to any litigation that could reasonably be expected to give rise to a request for a material reduction in the price of any Government Contract, including but not limited to (i) claims based on actual or alleged defective pricing or (ii) a claim for price adjustment under the Truth in Negotiations Act.
The Company has taken no action and is not party to any litigation that could reasonably be expected to give rise to (i) liability under the False Claims Act, (ii) a claim for price adjustment under the Truth in Negotiations Act, or (iii) any other request for a reduction in the price of any Government Contracts.
To its Knowledge, neither the Company nor any Subsidiary is in violation, or currently alleged to be in violation, of the Truth in Negotiations Act, as amended.
Except as set forth on Schedule 3.31(b), to Parent’s and Seller’s knowledge, no facts exist that could give rise to a material claim for price adjustment under the Truth in Negotiations Act or to any other request for a material reduction in the price of any Government Contracts or Grants.