Common use of Illegal Payments, etc Clause in Contracts

Illegal Payments, etc. In the conduct of their business, neither the Company nor any of its subsidiaries nor, to the knowledge of the Company, any of their respective Representatives, has (a) directly or indirectly, given, or agreed to give, any gift, contribution, payment or similar benefit that is or was illegal under applicable Legal Requirement to any supplier, customer, governmental official or employee or other person who was, is or may be in a position to help or hinder the Company or any of its subsidiaries (or assist in connection with any actual or proposed transaction) or made, or agreed to make, any contribution that is or was illegal under applicable Legal Requirements, or reimbursed any political gift or contribution that is or was illegal under applicable Legal Requirements made by any other person, to any candidate for federal, state, local or foreign public office or (b) established or maintained any unrecorded fund or asset or made any false entries on any books or records for any purpose.

Appears in 2 contracts

Sources: Merger Agreement (Electronic Clearing House Inc), Merger Agreement (Electronic Clearing House Inc)

Illegal Payments, etc. In the conduct of their business, neither the Company nor any of its subsidiaries norSubsidiaries has, to the knowledge of the Company, nor has any of their respective Representativesdirectors, has officers, employees or agents, (a) directly or indirectly, given, or agreed to give, any gift, contribution, payment or similar benefit that is or was illegal under applicable Legal Requirement Law to any supplier, customer, governmental official or employee or other person Person who was, is or may be in a position to help or hinder the Company or any of its subsidiaries Subsidiaries (or assist in connection with any actual or proposed transaction) or made, or agreed to make, any contribution that is or was illegal under applicable Legal RequirementsLaw, or reimbursed any political gift or contribution that is or was illegal under applicable Legal Requirements Law made by any other person, to any candidate for federal, state, local or foreign public office or (b) established or maintained any unrecorded fund or asset or made any false entries on any books or records for any purpose.

Appears in 1 contract

Sources: Merger Agreement (Register Com Inc)