Common use of False Claims, Defective Pricing and Requests for Pricing Reductions Clause in Contracts

False Claims, Defective Pricing and Requests for Pricing Reductions. Seller is not party to any ligation and has taken no action that could reasonably be expected to give rise to a request for a material reduction in the price of any Government Contracts, including, without limitation, any (i) liability under the False Claims Act or (ii) claim for price adjustment under the Truth in Negotiations Act.

Appears in 2 contracts

Samples: Accounts Receivable Purchase Agreement (Telos Corp), Accounts Receivable Purchase Agreement (Implant Sciences Corp)

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False Claims, Defective Pricing and Requests for Pricing Reductions. Seller is not party to any ligation and has taken no action that could reasonably be expected to give rise to (i) liability under the False Claims Act, (ii) a claim for price adjustment under the Truth in Negotiations Act or (iii) any other request for a material reduction in the price of any Government Contracts, including, without limitation, any (i) liability under the False Claims Act or (ii) claim for price adjustment under the Truth in Negotiations Act.

Appears in 2 contracts

Samples: Accounts Receivable Purchase Agreement (American Defense Systems Inc), Accounts Receivable Purchase Agreement (Lattice INC)

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