Common use of Improper and Other Payments Clause in Contracts

Improper and Other Payments. Except as set forth on Schedule 2.25 hereto, (a) neither the Sellers, any director, officer, key employee thereof, nor, to the Sellers’ knowledge, any agent or representative of the Sellers nor any Person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any Person or Authority, (b) no contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate, (c) no improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made, and (d) the internal accounting controls of the Sellers are believed by the Sellers’ management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Huffy Corp)

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Improper and Other Payments. Except as set forth on Schedule 2.25 SCHEDULE 2.29 hereto, (a) neither the SellersSeller, any directorPartner, officer, key employee thereof, nor, to the Sellers’ Seller's knowledge, any agent or representative of the Sellers Seller nor any Person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any Person or Authority, (b) no contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate, (c) no improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made, and (d) the internal accounting controls of the Sellers Seller are believed by the Sellers’ Seller's management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ameripath Inc)

Improper and Other Payments. Except as set forth on Schedule 2.25 SCHEDULE 2.27 hereto, (a) neither the SellersSellers nor any of their respective directors, any directorofficers, officeror key employees, key employee thereof, nor, to the Sellers’ knowledge, or any agent or representative of the Sellers Business nor any Person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any Person or Authority, (b) no contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate, (c) no improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made, and (d) the internal accounting controls of the Sellers are believed by the Sellers’ management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Emcore Corp)

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Improper and Other Payments. Except as set forth on Schedule 2.25 5.26 hereto, : (a) neither the SellersSeller, any director, officer, key employee thereof, nor, to the Sellers’ knowledgeSeller's Knowledge, any agent or representative of the Sellers Seller nor any Person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any Person or Authority, ; (b) no contributions have been made, directly or indirectly, to a domestic or foreign political party or candidate, ; (c) no improper foreign payment (as defined in the Foreign Corrupt Practices Act) has been made, ; and (d) the internal accounting controls of the Sellers Seller are believed by the Sellers’ Seller's management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Collegiate Pacific Inc)

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