Common use of Certain Advances Clause in Contracts

Certain Advances. There are no receivables of the Company owing from directors, officers, employees, consultants or stockholders of the Company or owing by any affiliate or any director or officer of the Company, other than advances in the ordinary course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of $5,000 for any one individual.

Appears in 2 contracts

Sources: Merger Agreement (Riverstone Networks Inc), Merger Agreement (Incyte Genomics Inc)

Certain Advances. There are no receivables of the Company owing from by directors, officers, employees, consultants or stockholders shareholders of the Company Company, or owing by any affiliate or of any director or officer of the Company, other than advances in the ordinary and usual course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of $5,000 for any one individualexpenses, consistent with past practice.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Adept Technology Inc)

Certain Advances. There are no receivables of the Company owing ---------------- from directors, officers, employees, consultants or stockholders of the Company (other than Buyer), or owing by any affiliate or of any director or officer of the Company, other than advances in the ordinary and usual course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of $5,000 for any one individual.

Appears in 1 contract

Sources: Stock Purchase Agreement (Paragon Technologies Inc)

Certain Advances. There are no receivables of the Company owing from by directors, officers, employees, consultants or stockholders of the Company Company, or owing by any affiliate or of any director or officer of the Company, other than advances in the ordinary and usual course of business consistent with past practice to officers and employees for reimbursable business expenses which are not expenses, consistent with past practice except as set forth in excess of $5,000 for any one individualSchedule 3.24.

Appears in 1 contract

Sources: Merger Agreement (Adept Technology Inc)

Certain Advances. There are no receivables of the Company owing from directors, officers, employees, consultants or stockholders of the Company or owing by any affiliate or any director or officer of the Company, other Other than advances in the ordinary course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of $5,000 for any one individual, there are no receivables of the Company owing from directors, officers, employees, consultants or stockholders of the Company or owing by any affiliate of any director of officer of the Company.

Appears in 1 contract

Sources: Merger Agreement (Logicvision Inc)

Certain Advances. There are no receivables of the Company owing from directors, officers, employees, consultants or stockholders of the Company Company, or owing by any affiliate or Affiliate of any director or officer of the Company, other than advances in the ordinary and usual course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of $5,000 1,000 for any one individual, or $5,000 in the aggregate.

Appears in 1 contract

Sources: Stock Purchase Agreement (Quaker Chemical Corp)