Unusual Contracts Sample Clauses

Unusual Contracts. 8.1 Since the Accounting Date except in the ordinary course of business of the Company: 8.1.1 No guarantees, contracts, undertakings, mortgages, charges or debentures have been made, given or incurred by or on behalf of the Company; 8.1.2 No capital assets have been disposed of; 8.1.3 The Company has not committed to make any capital expenditures, nor have any capital expenditures been authorised by the Company; 8.1.4 The Company has contracted or agreed to no extraordinary or long-term contracts, payments or liabilities; 8.1.5 None of the Company's suppliers or customers has advised the Company formally or informally that it will or may terminate any material contract or arrangement or course of dealing for the sale to or purchase from the Company of all or any of the goods or services the subject of any such contract, arrangement or course of dealing; 8.1.6 There has been no material adverse change in the turnover or the trading, commercial, competitive or financial position of the Company; and 8.1.7 No resolution has been passed at any general meeting of the Company by way of special business. 8.2 The Company is not party to any guarantee of long-term or abnormal content, undertaking or obligation, except as are usual in the ordinary course of business. 8.3 The Company is not party to any contract for the purchase of stocks, materials, equipment or services at prices in excess of market values or for the sale of stocks, materials, equipment or services at prices lower than current market values. 8.4 The Company is not party to any contract or arrangement nor is aware of any act, omission or other thing which does or might place the Company in breach of any provision of law. 8.5 All the expenditure of the Company has been properly, wholly and exclusively incurred in the ordinary course of its business and all income and opportunity for income arising in such business has been duly paid to or credited to the Company. 8.6 Since the Accounting Date the Company has not paid, agreed or declared any dividend, management charge or other distribution whatsoever.