Common use of No Payments Clause in Contracts

No Payments. No payments of any kind have been made or authorized since the date of the Purchaser Financial Statements to or on behalf of officers, directors, shareholders or employees of the Purchaser or under any management agreements with the Purchaser;

Appears in 9 contracts

Samples: Merger Agreement and Plan of Reorganization (Greenwood Hall, Inc.), Share Exchange Agreement (Paramount Services Corp), Agreement and Plan of Merger (Cirus Telecom Inc)

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No Payments. No payments of any kind have been made or authorized since the date of the Purchaser Financial Statements to or on behalf of officers, directors, shareholders or employees of the Purchaser or its subsidiaries or under any management agreements with Purchaser or its subsidiaries, except payments made in the Purchaserordinary course of business and at the regular rates of salary or other remuneration payable to them;

Appears in 1 contract

Samples: Agreement (Autocarbon Inc)

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