Common use of No Undisclosed Relationships Clause in Contracts

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiaries, on the one hand, and the members of the Management Board, officers, shareholders, customers or suppliers of the Company or any of the Subsidiaries, on the other, that is required by the Securities Act to be described in the Registration Statement or the Prospectus and that is not so described in such documents. As of the date of the initial filing of the Registration Statement, there were no personal loans made, directly or indirectly, by the Company to any director or executive officer of the Company.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiariesits subsidiaries, on the one hand, and the members of the Management Boarddirectors, officers, shareholdersstockholders, customers or suppliers of the Company or any of the Subsidiariesits subsidiaries, on the other, that is required by the Securities Act or the Rules and Regulations to be described in the Registration Statement or Statement, the Time of Sale Disclosure Package and the Prospectus and that is not so described in such documents. As of the date of the initial filing of the Registration Statement, there were There are no outstanding personal loans made, directly or indirectly, by the Company or any of its subsidiaries to any director or executive officer of the CompanyCompany or any of its subsidiaries.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiariesits subsidiaries, on the one hand, and the members of the Management Boarddirectors, officers, shareholdersstockholders, customers or suppliers of the Company or any of the Subsidiariesits subsidiaries, on the other, that is required by the Securities Act to be described in the Registration Statement or and the Prospectus and that is not so described in such documentsdocuments and in the Pricing Disclosure Package. As of the date of the initial filing of the Registration StatementStatement and as of the Applicable Time, there were no outstanding personal loans made, directly or indirectly, by the Company to any director or executive officer of the Company.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiariesits subsidiaries, on the one hand, and the members of the Management Boarddirectors, officers, shareholdersstockholders, customers or suppliers of the Company or any of the Subsidiariesits subsidiaries, on the other, that is required by the Securities Act to be described in the Registration Statement or and the Prospectus and that is not so described in such documentsdocuments and in the Pricing Disclosure Package. As of the date of the initial filing of the Registration Statement, there were no outstanding personal loans madeloans, directly or indirectly, by the Company to any director or executive officer of the Company.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiariesits subsidiary, on the one hand, and the members of the Management Boarddirectors, officers, shareholdersstockholders, customers or suppliers of the Company or any of the Subsidiariesits subsidiary, on the other, that is required by the Securities Act to be described in the Registration Statement or and the Prospectus and that is not so described in such documentsdocuments and in the Pricing Disclosure Package. As of the date of the initial filing of the Registration StatementStatement and as of the Applicable Time, there were no outstanding personal loans made, directly or indirectly, by the Company to any director or executive officer of the Company.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the SubsidiariesCompany, on the one hand, and the members of the Management Boarddirectors, officers, shareholdersstockholders, customers or suppliers of the Company or any of the SubsidiariesCompany, on the other, that is required by the Securities Act or the Rules and Regulations to be described in the Registration Statement or Statement, the Time of Sale Disclosure Package and the Prospectus and that is not so described in such documents. As of the date of the initial filing of the Registration Statement, there were no outstanding personal loans made, directly or indirectly, by the Company to any director or executive officer of the Company.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiariesits subsidiaries, on the one hand, and the members of the Management Boarddirectors, officers, shareholdersstockholders, customers customers, suppliers or suppliers other affiliates of the Company or any of the Subsidiariesits subsidiaries, on the other, that is required by the Securities Act to be described in each of the Registration Statement or and the Prospectus and that is not so described in such documentsdocuments and in the Pricing Disclosure Package. As of the date of the initial filing of the Registration Statement, there were no outstanding personal loans made, directly or indirectly, by the Company to any director or executive officer of the Company.

No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or any of the Subsidiaries, on the one hand, and the members of the Management BoardBoard of Directors, officers, shareholders, customers or suppliers of the Company or any of the Subsidiaries, on the other, that is required by the Securities Act to be described in the Registration Statement Statement, the Statutory Prospectus or the Prospectus and that is not so described in such documentsdocuments and in the Pricing Disclosure Package. As of the date of the initial filing of the Registration Statement, there were There are no personal loans made, directly or indirectly, by the Company to any director or executive officer of the Company.