Company Controls Clause Samples
The "Company Controls" clause establishes the authority and procedures by which a company manages and oversees its operations, assets, and decision-making processes. Typically, this clause outlines who within the organization has the power to make binding decisions, approve expenditures, or implement policies, and may specify reporting requirements or internal checks. Its core practical function is to ensure clear lines of responsibility and accountability within the company, thereby reducing confusion and mitigating risks associated with unauthorized actions or mismanagement.
Company Controls all Patents and Know-How owned by or licensed to Company or its Affiliates (excluding Patents and Know-How licensed to Company or its Affiliates by ▇▇▇▇ under the ▇▇▇▇ Agreement) that are necessary or useful to Exploit Licensed Agents and Products in the Field;
Company Controls. Neither such Owner, nor, to the knowledge of such Owner, any officer, authorized agent, employee or any other Person while acting on behalf of the Company, has, directly or indirectly: used any company fund for unlawful contributions, gifts, or other unlawful expenses relating to political activity; made any unlawful payment to foreign or domestic government officials or employees or to foreign or domestic political parties or campaigns from Company funds; established or maintained any unlawful or unrecorded fund of Company monies or other assets; made any false or fictitious entry on its books or records; made any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment, or other payment of a similar or comparable nature, to any Person, private or public, regardless of form, whether in money, property, or services, to obtain favorable treatment in securing business or to obtain special concessions, or to pay for favorable treatment for business secured or for special concessions already obtained, and the Company has not participated in any illegal boycott or other similar illegal practices affecting any of its actual or potential customers.
Company Controls. 11 3.1.7 Brokers........................................................11 3.1.8
Company Controls. The Seller has not and no officer, authorized agent, employee, or consultant has, directly or indirectly, used any corporate fund for unlawful contributions, gifts, or other unlawful expenses relating to political activity; made any unlawful payment to foreign or domestic government officials or employees or to foreign or domestic political parties or campaigns from corporate funds; established or maintained any unlawful or unrecorded fund of corporate monies or other assets; made any false or fictitious entry on its books or records; participated in any racketeering activity; or made any bribe, rebate, payoff, influence payment, kickback, or other unlawful payment, or other payment of a similar or comparable nature, to any Person, private or public, regardless of form, whether in money, property, or services, to obtain favorable treatment in securing business or to obtain special concessions, or to pay for favorable treatment for business secured or for special concessions already obtained.
Company Controls. The Company shall verify that the D&A policy is correctly implemented and that tests are regularly performed.
Company Controls. Company shall have the right to make all decisions regarding the development, production, completion, delivery and distribution of The Picture, including designating decision making and other authority to Exhibit A or other partners and subcontractors, subject to the rights of Investor as are specifically set forth in this Agreement. The Company shall have the right to designate and engage the cast, all crew members and all other production elements (equipment, laboratory and other facilities and third party services) of the production of The Picture as well as negotiate all terms and conditions of all agreements relating thereto, including determining all on-screen and paid advertising credits to all such parties. In addition, as between the parties, the Company shall have the sole and exclusive right to enter into all agreements with respect to the Sale, distribution and/or exploitation of The Picture.
Company Controls. 14 Section 3.25 Brokers.........................................................15 Section 3.26 Year 2000 Compliant.............................................15 3.26.1 Definition....................................................15 3.26.2 Computer Systems..............................................16 3.26.3 Other Products and Services...................................16 Section 3.27