Common use of RELATIONSHIPS WITH RELATED PERSONS Clause in Contracts

RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.28, neither Seller nor any Shareholder nor any Related Person of any of them has, or since December 31, 2019 has had, any interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s business. Neither Seller nor any Shareholder nor any Related Person of any of them owns, or since December 31, 2019, has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.28, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms or (b) engaged in competition with Seller with respect to any line of the products or services of Seller (a “Competing Business”) in any market presently served by Seller, except for ownership of less than one percent (1%) of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth in Schedule 2.28, neither Seller nor any Shareholder nor any Related Person of any of them is a party to any Contract with, or has any claim or right against, Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Widepoint Corp)

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RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.28Part 3.26, neither Seller nor any Shareholder nor any Related Person of any of them has, or since December 31January 1, 2019 2002 has had, any interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s 's business. Neither Seller nor any either Shareholder nor any Related Person of any of them owns, or since December 31January 1, 2019, 2002 has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.28Part 3.26, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms or (b) engaged in competition with Seller with respect to any line of the products or services of Seller (a "Competing Business") in any market presently served by Seller, except for ownership of less than one percent (1%) of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth in Schedule 2.28Part 3.26, neither Seller nor any either Shareholder nor any Related Person of any of them is a party to any Contract with, or has any claim or right against, Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rollins Inc)

RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.283.28, neither Seller nor any Shareholder nor any Related Person of any of them has, or since December 31January 1, 2019 2014, has had, any material interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s businessBusiness. Neither Seller nor any Shareholder nor any Related Person of any of them owns, or since December 31January 1, 20192014, has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.283.28 or involving the ownership of Seller, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms or (b) terms. Yao has not engaged in competition with Seller with respect to any line of the products or services of Seller (a Competing Business”) Business in any market presently served by Seller, except for ownership of less than one two percent (12%) of any class of the outstanding capital stock securities of any Competing Business that is publicly traded listed on any recognized national or regional securities exchange or in has been registered under Section 12(g) of the over-the-counter marketExchange Act. Except as set forth in Schedule 2.283.28, neither Seller nor any Shareholder nor any Related Person of any of them is a party to any Contract with, or has any claim or right against, with Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Luna Innovations Inc)

RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.283.28, neither Seller nor any Shareholder nor any Related Person of any of them has, or since December 31January 1, 2019 2015, has had, any interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s businessBusiness. Neither Seller nor any Shareholder nor any Related Person of any of them owns, or since December 31January 1, 20192015, has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.283.28, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms or (b) engaged in competition with Seller with respect to any line of the products or services of Seller (a Competing Business”) Business in any market presently served by Seller, except for ownership of less than one two percent (12%) of any class of the outstanding capital stock securities of any Competing Business that is publicly traded listed on any recognized national or regional securities exchange or in has been registered under Section 12(g) of the over-the-counter marketExchange Act. Except as set forth in Schedule 2.283.28, neither Seller nor any Shareholder nor any Related Person of any of them is a party to any Contract with, or has any claim or right against, Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Luna Innovations Inc)

RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.283.25, neither Seller nor any Shareholder nor any Related Person of any of them Seller has, or since December 31, 2019 2005, has had, any interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s business. Neither Seller nor any Shareholder nor any Related Person of any of them Seller owns, or since December 31, 20192005, has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.283.25, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms terms, or (b) engaged in competition with Seller with respect to any line of the products or services of Seller (a “Competing Business”) in any market presently served by Seller, except for ownership of less than one percent (1%) of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth in Schedule 2.283.25, neither Seller nor any Shareholder nor any Related Person of any of them Seller is a party to any Contract with, or has any claim or right against, Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Caraustar Industries Inc)

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RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.28Part 3.28, neither Seller nor any either Shareholder nor any Related Person of any of them has, or since December 31January 1, 2019 2015, has had, any interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s businessBusiness. Neither Seller nor any either Shareholder nor any Related Person of any of them owns, or since December 31January 1, 20192015, has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.28Part 3.28, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms or (b) engaged in competition with Seller with respect to any line of the products or services of Seller (a Competing Business”) Business in any market presently served by Seller, except for ownership of less than one two percent (12%) of any class of the outstanding capital stock securities of any Competing Business that is publicly traded listed on any recognized national or regional securities exchange or in has been registered under Section 12(g) of the over-the-counter marketExchange Act. Except as set forth in Schedule 2.28Part 3.28, neither Seller nor any either Shareholder nor any Related Person of any of them is a party to any Contract with, or has any claim or right against, Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hooker Furniture Corp)

RELATIONSHIPS WITH RELATED PERSONS. Except as disclosed in Schedule 2.28Part 3.27, neither Seller nor any Shareholder nor any Related Person of any of them has, or since December 31, 2019 2003 has had, any interest in any property (whether real, personal or mixed and whether tangible or intangible) used in or pertaining to Seller’s 's business. Neither Seller nor any Shareholder nor any Related Person of any of them owns, or since December 31, 2019, 2003 has owned, of record or as a beneficial owner, an equity interest or any other financial or profit interest in any Person that has (a) had business dealings or a material financial interest in any transaction with Seller other than business dealings or transactions disclosed in Schedule 2.28Part 3.27, each of which has been conducted in the Ordinary Course of Business with Seller at substantially prevailing market prices and on substantially prevailing market terms or (b) engaged in competition with Seller with respect to any line of the products or services of Seller (a "Competing Business") in any market presently served by Seller, except for ownership of less than one percent (1%) of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Except as set forth in Schedule 2.28Part 3.27, neither Seller nor any Shareholder nor any Related Person of any of them is a party to any Contract with, or has any claim or right against, Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Findwhat Com Inc)

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