Common use of Improper Payments Clause in Contracts

Improper Payments. No person acting on behalf of Target has made any payment or otherwise transmitted anything of value, directly or indirectly, to (a) any official or any government or agency or political subdivision thereof for the purpose of influencing any decision affecting the business of Target, or (b) any political party or any candidate for elective political office, nor has any fund or other asset of Target been maintained that was not fully and accurately recorded on the books of account of Target.

Appears in 5 contracts

Samples: Share Exchange Agreement (Fdctech, Inc.), Share Exchange Agreement (Gulf & Orient Steamship Company, Ltd.), Share Exchange Agreement (Geo Point Resources, Inc.)

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Improper Payments. No person acting on behalf of Target AIMS has made any payment or otherwise transmitted anything of value, directly or indirectly, to (a) any official or any government or agency or political subdivision thereof for the purpose of influencing any decision affecting the business of TargetAIMS , or (b) any political party or any candidate for elective political office, nor has any fund or other asset of Target AIMS been maintained that was not fully and accurately recorded on the books of account of TargetAIMS.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Etg Corp)

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