Common use of Gifts and Benefits Clause in Contracts

Gifts and Benefits. No employee or agent of any Seller acting on the behalf of such Seller has directly or indirectly, given or agreed to give, to any customer, supplier, governmental employee or any actual or purported agent of any of the foregoing who is or may be in a position to help or hinder any Seller or the Business (or assist any Seller in connection with any actual or proposed transaction relating to the Business): (a) any illegal gift or benefit or (b) any gift or similar benefit which if not continued or repeated in the future, would have a Seller Material Adverse Effect on the relationship of the Business with such Person.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Vertex Energy Inc.)

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Gifts and Benefits. No To Seller's Knowledge, no employee or agent of any Seller acting on the behalf of such Seller has directly or indirectly, given or agreed to give, to any customer, supplier, governmental employee or any actual or purported agent of any of the foregoing who is or may be in a position to help or hinder any Seller or the Business (or assist any Seller in connection with any actual or proposed transaction relating to the Business): (a) any illegal gift or benefit or (b) any gift or similar benefit which if not continued or repeated in the future, would have a Seller Material Adverse Effect on the relationship of the Business with such Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vertex Energy Inc.)

Gifts and Benefits. No employee employee, representative or agent of any Seller acting on the Seller’s behalf of such Seller has directly or indirectly, given or agreed to give, to any customer, supplier, governmental employee of a Governmental Authority or any actual or purported employee, agent or representative of any of the foregoing who is or may be in a position to help or hinder any Seller or the Business (or assist any Seller in connection with any actual or proposed transaction relating to the Business): ) (ai) any illegal gift or benefit or (bii) any gift or similar benefit which if not continued or repeated in the future, would have a Seller Material Adverse Effect an adverse effect on the relationship of the Business Seller with such Person.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Gifts and Benefits. No employee or agent of any Seller acting on the behalf of such Seller has directly or indirectly, given or agreed to give, to any customer, supplier, governmental employee or any actual or purported agent of any of the foregoing who is or may be in a position to help or hinder any Seller or the Business (or assist any Seller in connection with any actual or proposed transaction relating to the Business): (a) any illegal gift or benefit or (b) any gift or similar benefit which if not continued or repeated in the future, would have a Seller Material Adverse Effect on the relationship of the Business with such Person.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Vertex Energy Inc.)

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