Certain Business Relationships Sample Clauses
The "Certain Business Relationships" clause defines how the parties to an agreement may interact with each other or with third parties in the context of specific business dealings. Typically, this clause outlines restrictions or permissions regarding forming partnerships, joint ventures, or other collaborations that could impact the interests of the parties involved. For example, it may prohibit one party from entering into similar agreements with competitors or require disclosure of certain relationships. Its core function is to manage potential conflicts of interest and protect the business interests of the parties by setting clear boundaries for external business engagements.
Certain Business Relationships. Neither Parent nor any of its affiliates is a party to any Contract with any director, officer or employee of the Company or any Company Subsidiary.
Certain Business Relationships. The Company and the Company Parties, as applicable, shall cause all of the Contracts which are or are required to be set forth in Section 2.18 of the Company’s Disclosure Schedule (regardless of whether they are, in fact, so listed) to be terminated at or prior to the Closing.
Certain Business Relationships. Neither Seller nor any Person acting on Seller’s behalf has directly or indirectly given or agreed to give any gift or similar benefit to any Person who is in a position to help or hinder the Business which: (a) might subject Seller to any damage or penalty in any Proceeding; or (b) is not in compliance with Applicable Laws.
Certain Business Relationships. Except as set forth in Section 3(q) of the Disclosure Schedule, no officer, director, shareholder or entity under common control with Seller has been involved in any material business arrangement or relationship with the Business within the past 12 months, and none of them owns any material asset, tangible or intangible, which is used in the Business.
Certain Business Relationships. Except as set forth on Section 3.20 of the Company Disclosure Schedule, none of the officers or directors of the Company, none of the Company Employees, none of the Sellers and none of the immediate family members or Affiliates of any of the foregoing, (i) has or has ever had any direct or indirect ownership, participation, royalty or other interest in, or is an officer, director, employee of or consultant or contractor for any Person that, directly or indirectly, competes with, or does business with, or has any contractual arrangement with, the Company or any of its Affiliates (except with respect to any interest in less than five percent (5%) of the stock of any corporation whose stock is publicly traded), (ii) is or has ever been a party to, or is or has ever been otherwise directly or indirectly interested in, any Contract to which the Company is or was a party or by which the Company or any of its assets is or was bound, except for normal compensation for services as an officer, director or employee thereof and for Contracts relating to the grant of Company Options, (iii) has or has ever had any interest in any property, real or personal, tangible or intangible (including any Intellectual Property) that is or has been used in, or that relates to, the business of the Company, except for the rights of stockholders of the Company under applicable Law, (iv) has any claim or right against the Company, in each case, except for normal compensation for services as an officer, director or Company Employee incurred in the Ordinary Course or (v) has any Indebtedness owing to the Company. The Company does not have any claim or right against, or owe any Indebtedness to, any of its officers, directors or Company Employees, any Seller or any immediate family member or Affiliate of any of the foregoing.
Certain Business Relationships. Except as set forth in Section 3.26 of the Seller Disclosure Letter, none of the present or former directors, officers or employees of the Company or any of its Subsidiaries, or to the Company's Knowledge any present or former Shareholders, owns, directly or indirectly, any interest in any business, corporation or other entity (other than investments in publicly held companies) which, on the date hereof or within the past twelve (12) months, has been involved in any manner in any material business arrangement or relationship with the Company or any of its Subsidiaries, and none of the foregoing persons owns any property or rights, tangible or intangible, which are used in the business of the Company or any of its Subsidiaries.
Certain Business Relationships. None of the Seller and its members, as the case may be, has been involved in any material business arrangement or relationship with the Seller within the past 12 months other than as reflected in the Financial Statements, and the Assets do not include any material asset, tangible or intangible, that is used in the business of any other such party that has had a material business arrangement or relationship with the Seller within the past 12 months.
Certain Business Relationships. Except as set forth in SCHEDULE 4.19 attached hereto, none of the officers, directors or stockholders of the Company or Seller or any of their affiliates or family members have been involved in any business arrangement or relationship with the Company or the Partnership outside the ordinary course of business within the past 12 months.
Certain Business Relationships. Except as set forth in Section 3(t) of the Company Disclosure Schedule, none of the Company, its Subsidiaries, Dalian Fushi nor any their respective employees, officers, directors, agents, representatives or Affiliates has been involved in any business arrangement or relationship with the Company and its Subsidiaries (including Dalian Fushi) within the past 36 months, and none of the Company, its Subsidiaries, Dalian Fushi nor any their respective employees, officers, directors, agents, representatives or Affiliates own any asset, tangible or intangible, which is used in, or required or necessary for the conduct of, the businesses of the Company and its Subsidiaries (including Dalian Fushi and the Business). There are no loan, guarantee, cross-guarantee, pledge, credit or other similar agreements, monies due, advances made or other funds transferred, between the Companies or any of its Subsidiaries and Dalian Fushi, except those contemplated in the Restructuring Agreements. Except as disclosed in Schedule 3(t), to the best of Management's knowledge, none of the respective employees, officers, directors, agents, representatives of the Company, any of its Subsidiaries or Dalian Fushi has any direct or indirect ownership interest in any firm or corporation with which the Company or any of its Subsidiaries (including Dalian Fushi) is affiliated or with which the Company or any of its Subsidiaries (including Dalian Fushi) has a business relationship, or any firm or corporation that competes with the Company or any of its Subsidiaries (including Dalian Fushi).
Certain Business Relationships. Except as set forth in the Schedule to this Section, none of the directors or officers of the Dexter Coatings Companies has been involved in any business arrangement or relationship relating to the Coatings Business that involves a conflict of interest, including, without limitation, owning any asset, tangible or intangible, which is used in the Coatings Business.