Common use of Absence of Certain Commercial Practices Clause in Contracts

Absence of Certain Commercial Practices. No Company has, and no director, officer, agent, employee or other Person acting on behalf of any Company has, in violation of federal, state or foreign laws or regulations: (a) given or agreed to give any gift or similar benefit of more than nominal value to any customer, supplier, governmental employee or official or any other Person who is or may be in a position to help or hinder any Company or assist in connection with any proposed transaction; or (b) used any company or other funds for unlawful contributions, payments, gifts, or entertainment, or made any unlawful expenditures relating to political activity to governmental officials or others or established or maintained any unlawful or unrecorded funds. No Company has, and to the Sellers' knowledge, no director, officer, agent, employee or other Person acting on behalf of any Company has, with respect to any Company, accepted or received any unlawful contributions, payments, gifts, entertainment or expenditures.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kaydon Corp)

AutoNDA by SimpleDocs

Absence of Certain Commercial Practices. No (A) The Company hashas not, and no director, officer, agent, manager, employee or other Person acting on behalf of any the Company has, in violation of federal, federal or state or foreign laws or regulationslaw: (ai) given or agreed to give any gift or similar benefit of more than nominal value to any customer, supplier, governmental employee or official or any other Person who is or may be in a position to help or hinder any the Company or assist in connection with any proposed transaction; or (bii) used any company corporate or other funds for unlawful contributions, payments, gifts, or entertainment, or made any unlawful expenditures relating to political activity to governmental officials or others or established or maintained any unlawful or unrecorded funds. No The Company hashas not, and to the Sellers' knowledge, no director, officer, agent, manager, employee or other Person acting on behalf of any the Company has, with respect to any the Company, accepted or received any unlawful contributions, payments, gifts, entertainment or expenditures.

Appears in 1 contract

Samples: Stock Purchase Agreement (Asset Acceptance Capital Corp)

Absence of Certain Commercial Practices. No Company None of the Acquired Companies has, and to Sellers' Knowledge, no director, officer, agent, employee or other Person person acting on behalf of any Acquired Company has, in violation of federal, federal or state or foreign laws or regulationslaw: (a) given or agreed to give any gift or similar benefit of more than nominal value to any customer, supplier, governmental employee or official or any other Person who is or may be in a position to help or hinder any Acquired Company or assist in connection with any proposed transaction; , or (b) used any company corporate or other funds for unlawful contributions, payments, gifts, or entertainment, or made any unlawful expenditures relating to political activity to governmental officials or others or established or maintained any unlawful or unrecorded funds. No Company None of the Acquired Companies has, and to the Sellers' knowledgeKnowledge, no director, officer, agent, employee or other Person acting on behalf of any Company has, with respect to any Company, accepted or received any unlawful contributions, payments, gifts, entertainment or expenditures.other

Appears in 1 contract

Samples: Subsidiaries Stock Purchase Agreement (Noble International LTD)

AutoNDA by SimpleDocs

Absence of Certain Commercial Practices. No The Company hashas not, and no director, officer, agent, employee or other Person acting on behalf of any the Company has, in violation of federal, federal or state or foreign laws or regulationslaw: (a) given or agreed to give any gift or similar benefit of more than nominal value to any customer, supplier, governmental employee or official or any other Person who is or may be in a position to help or hinder any the Company or assist in connection with any proposed transaction; , or (b) used any company corporate or other funds for unlawful contributions, payments, gifts, or entertainment, or made any unlawful expenditures relating to political activity to governmental officials or others or established or maintained any unlawful or unrecorded funds. No The Company hashas not, and to the SellersShareholders' knowledge, no director, officer, agent, employee or other Person acting on behalf of any the Company has, with respect to any the Company, accepted or received any unlawful contributions, payments, gifts, entertainment or expenditures.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kaydon Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.