Common use of Affiliate Interests Clause in Contracts

Affiliate Interests. Except as disclosed on Schedule 4.21, neither Target is a party to any transaction with: (a) any employee, officer, or director of either Target, (b) any relative of any such employee, officer, or director, or (d) any Person that, directly or indirectly, is controlled by or under common control with either Target or with any such employee, officer, director, or relative, including without limitation any contract, agreement or other arrangement (i) providing for the furnishing of services by such person, (ii) providing for the rental of real or personal property from or to such person, (iii) providing for the guaranty of any obligation of such person, (iv) requiring any payment to such person which will continue beyond the Closing Date, or (v) establishing any right or interest of such person in any of the Assets.

Appears in 2 contracts

Sources: Plan of Merger (A4s Security, Inc.), Merger Agreement (Security With Advanced Technology, Inc.)

Affiliate Interests. Except as disclosed on in Schedule 4.21, neither Target the Company is not a party to any transaction with: (a) any employee, officer, or director of either Targetthe Company, (b) any relative of any such employee, officer, or director, or (d) any Person that, directly or indirectly, is controlled by or under common control with either Target the Company or with any such employee, officer, director, or relative, including without limitation any contract, agreement or other arrangement (i) providing for the furnishing of services by such person, (ii) providing for the rental of real or personal property from or to such person, (iii) providing for the guaranty of any obligation of such person, (iv) requiring any payment to such person which will continue beyond the Closing Date, or (v) establishing any right or interest of such person in any of the AssetsCompany's assets.

Appears in 1 contract

Sources: Merger Agreement (Whitney Information Network Inc)