Common use of Improper and Other Payments Clause in Contracts

Improper and Other Payments. Except as set forth on Schedule 3.19 attached hereto, neither the Purchaser nor any of its Subsidiaries, nor any director, officer, agent, representative, employee or other person acting on behalf of the Purchaser or any of its Subsidiaries has, directly or indirectly, in the course of its actions for, or on behalf of, the Purchaser or any of its Subsidiaries, (a) made, paid or received any unlawful bribes, rebates, payoffs, influence payments, kickbacks or other unlawful payments to or from any Person or Authority, (b) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity, (c) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, and (d) made any improper foreign payment (as defined in the Foreign Corrupt Practices Act of 1977, as amended). The internal accounting controls of the Purchaser are believed by the Purchaser's management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc)

AutoNDA by SimpleDocs

Improper and Other Payments. Except as set forth on Schedule 3.19 2.23 attached hereto, neither the Purchaser Corporation nor any of its Subsidiaries, nor any director, officer, agent, representative, employee or other person acting on behalf of the Purchaser Corporation or any of its Subsidiaries has, directly or indirectly, in the course of its actions for, or on behalf of, the Purchaser Corporation or any of its Subsidiaries, (a) made, paid or received any unlawful bribes, rebates, payoffs, influence payments, kickbacks or any other similar unlawful payments to or from any Person or Authority, (b) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity, (c) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, and (d) made any improper foreign payment (as defined in the Foreign Corrupt Practices Act of 1977, as amended). The internal accounting controls of the Purchaser Corporation are believed by the PurchaserCorporation's management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc)

Improper and Other Payments. Except as set forth on Schedule 3.19 2.23 attached hereto, neither the Purchaser Corporation nor any of its Subsidiaries, nor any director, officer, agent, representative, employee or other person acting on behalf of the Purchaser Corporation or any of its Subsidiaries has, directly or indirectly, in the course of its actions for, or on behalf of, the Purchaser Corporation or any of its Subsidiaries, (a) made, paid or received any unlawful bribes, rebates, payoffs, influence payments, kickbacks or any other similar unlawful payments to or from any Person or Authority, (b) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity, (c) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, and (d) made any improper foreign payment (as defined in the Foreign Corrupt Practices Act of 1977, as amended). The internal accounting controls of the Purchaser Corporation are believed by the Purchaser's Corporation’s management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc)

AutoNDA by SimpleDocs

Improper and Other Payments. Except as set forth on Schedule 3.19 attached hereto, neither the Purchaser nor any of its Subsidiaries, nor any director, officer, agent, representative, employee or other person acting on behalf of the Purchaser or any of its Subsidiaries has, directly or indirectly, in the course of its actions for, or on behalf of, the Purchaser or any of its Subsidiaries, (a) made, paid or received any unlawful bribes, rebates, payoffs, influence payments, kickbacks or other unlawful payments to or from any Person or Authority, (b) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity, (c) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, and (d) made any improper foreign payment (as defined in the Foreign Corrupt Practices Act of 1977, as amended). The internal accounting controls of the Purchaser are believed by the Purchaser's ’s management to be adequate to detect any of the foregoing under current circumstances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.