Common use of Transactions with Certain Persons Clause in Contracts

Transactions with Certain Persons. Except as set forth on Schedule 4.17, neither any officer, director or employee of Seller, the Company or any Subsidiary, nor, to the knowledge of Seller, any officer, director or employee of any Affiliate of Seller, the Company or any Subsidiary, nor any member of any such Person’s immediate family, is now a party to any transaction with the Company or any Subsidiary, including any contract or other binding arrangement (i) providing for the furnishing of services by such Person (except in such Person’s capacity as an officer, director, employee or consultant), (ii) providing for the rental of real or personal property from such Person, or (iii) otherwise requiring payments (whether pursuant to indebtedness or otherwise) to such Person (other than for services as an officer, director, employee or consultant of Seller, the Company, any Subsidiary or any of their respective Affiliates).

Appears in 4 contracts

Samples: Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (Fibernet Telecom Group Inc\)

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