Common use of RELATIONSHIPS WITH RELATED PERSONS Clause in Contracts

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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 Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 3 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement

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RELATIONSHIPS WITH RELATED PERSONS. No Seller Neither Seller, Acquired Company or any Related Person of Sellers each Seller or of any either Acquired Company has, or since [the first day of the next to last completed fiscal year of the any Acquired Companies] Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the any Acquired Companies' businessesCompany’s business. No Seller Neither Seller, Acquired Company or any Related Person of Sellers each Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the any Acquired Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the any Acquired Companies Company at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such any Acquired Company (a "Competing Business") in any market presently served by such any Acquired 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- the-counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no Neither Seller or any Related Person of Sellers each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 3 contracts

Samples: Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BOQI International Medical, Inc.)

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 2 contracts

Samples: Partnership Interests Purchase Agreement (Texas Industries Inc), Stock Purchase Agreement (United Shields Corp/Oh/)

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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]Company. Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Log on America Inc), Stock Purchase Agreement (Log on America Inc)

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers Seller or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no No Seller or any Related Person of Sellers Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (BOQI International Medical, Inc.)

RELATIONSHIPS WITH RELATED PERSONS. No Seller Neither the Seller, Acquired Company or any Related Person of Sellers each Seller or of any either Acquired Company has, or since [the first day of the next to last completed fiscal year of the any Acquired Companies] Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any Acquired Company’s business. Neither the Seller, Acquired Companies' businesses. No Seller Company or any Related Person of Sellers each Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the any Acquired Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the any Acquired Companies Company at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such any Acquired Company (a "Competing Business") in any market presently served by such any Acquired 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- the-counter market]. Except as set forth in Part 3.25 of Neither the Disclosure Letter, no Seller or any Related Person of Sellers each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (China Liberal Education Holdings LTD)

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Stock Purchase Agreement

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 3.24 of the Disclosure Letter, no Seller or any Related Person of Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Drugmax Com Inc)

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RELATIONSHIPS WITH RELATED PERSONS. No Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers Seller or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any 34 line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aduddell Industries Inc)

RELATIONSHIPS WITH RELATED PERSONS. No Seller or any Related Person of Sellers Seller or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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 Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: LLC Ownership Interest Purchase Agreement (Vystar Corp)

RELATIONSHIPS WITH RELATED PERSONS. No Seller Stockholder or any Related Person of Sellers Stockholders or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller Stockholder or any Related Person of Sellers Stockholders or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 4.23 of the Primal Disclosure Letter, no Seller Stockholder or any Related Person of Sellers Stockholders or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Escrow Agreement (Primal Solutions Inc)

RELATIONSHIPS WITH RELATED PERSONS. No Neither the Seller or any Related Person of Sellers the Seller or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' Companies businesses. No Neither the Seller or nor any Related Person of Sellers the Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] Companies 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 of Neither the Disclosure Letter, no Seller or nor any Related Person of Sellers the Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (BOQI International Medical, Inc.)

RELATIONSHIPS WITH RELATED PERSONS. No Except as disclosed in Part 3.25 of the Disclosure Letter, neither Seller or nor any Related Person Controlled subsidiary of Sellers Seller or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] January 1, 1998 has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Neither Seller or nor any Related Person Controlled subsidiary of Sellers Seller or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] January 1, 1998 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 any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired 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- the-counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company. Anything set forth in this Agreement to the contrary notwithstanding, for purposes of this Section 3.25, the term "Related Person" of Seller or any of the Acquired Companies does not include (i) any owner of properties or assets managed by any of the Acquired Companies or (ii) other parties to any property management agreements.

Appears in 1 contract

Samples: Indemnity Agreement (Kennedy Wilson Inc)

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