No Payments definition

No Payments except as set forth in Schedule "A", no payments have been made or authorized since incorporation by each of BioSyntech, BSC and BSE to its officers, directors, former directors, shareholders or employees or to any person or company not dealing at arm's length (as such term is construed under the Income Tax Act (Canada)) with any of the foregoing, including by way of the repayment of a shareholder loan, except at the regular rates to them of salary, pension, bonuses, rents or other remuneration;
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Examples of No Payments in a sentence

  • A/c No: ----------------------- Payments to Party B: ------------------------------ ------------------------------ ------------------------------ A/c No: ----------------------- is a member of The Securities and Futures Authority and ------------------------- has entered into this transaction as principal.

  • Telecopy No.: __________________________ Payments made to the Owner Participant as provided in Section 3.06 of the Trust Indenture shall be made to: [Bank] [Address] New York, New York ABA No. ________________________________ Account No. ____________________________ Account Name: __________________________ Reference: _____________________________ Indenture Trustee: State Street Bank and Trust Company U.S. Mail Corporate Trust Department ▇.▇.