Common use of No Prohibited Payments Clause in Contracts

No Prohibited Payments. Neither the Company nor any employee, or agent of the Company, has made or authorized any payment of funds of the Company or on behalf of the Company prohibited by law and no funds of the Company have been set aside to be used for any payment prohibited by law.

Appears in 7 contracts

Samples: Agreement and Plan of Reorganization (Dragon Gold Resources, Inc.), Exchange Agreement (Amedisys Inc), Agreement and Plan of Reorganization (Process Technology Systems Inc)

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No Prohibited Payments. Neither the Company nor any employee, or ---------------------- agent of the Company, has made or authorized any payment of funds of the Company or on behalf of the Company prohibited by law and no funds of the Company have been set aside to be used for any payment prohibited by law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sportan United Industries Inc)

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