No Conflicting Interest. Except as set forth in Part 2.22 of the Disclosure Schedule, the Company is not aware that any director, officer, key employee or Related Party of the Company has any interest in any corporation, partnership, or other entity that is engaged in a business which is in competition with that of the Company, is a supplier or customer of the Company, or is a party to any contract which may have any effect on the business of the Company.
No Conflicting Interest. Each of the Parties unconditionally and irrevocably represents, warrants and covenants that: (a) it owns and controls the claims released by this Agreement, none of the claims released by this Agreement have been assigned to any other person or entity, and no other person or entity has any interest in the claims released by this Agreement; and (b) should any other person or entity assert any interest with respect to any of the claims released by this Agreement, the Parties, as applicable, shall defend, indemnify and hold harmless the other Party against such claim for all costs of defense, litigation, settlement and judgment, including but not limited to attorney’s fees, expert’s fees, consultant’s fees, statutory costs, other costs, interest, settlement amounts, judgment amounts, bond amounts, appellate proceedings and all other like or related costs.
No Conflicting Interest. Except as set forth in Part 5.21 of --------------------------------- the Disclosure Schedule, the Company is not aware that any director, officer, key employee or Related Party of the Company has any interest in any corporation, partnership, or other entity that is engaged in a business which is in competition with that of the Company, is a supplier or customer of the Company, or is a party to any contract which may have any effect on the business of the Company; provided, however, that the Parent and Merger Sub acknowledge that the Company Stockholders that are not natural Persons have made and shall continue to make investments and participate in the businesses, in the ordinary course of their business, in Persons/Entities that may compete, directly or indirectly, with the Company and the Parent, and the Parent and Merger Sub agree that such activities shall not constitute a breach of the representations and warranties contained in this Section 5.21.
No Conflicting Interest. Except as disclosed in Section 1.5 of the Disclosure Schedule, none of the Promoters own, beneficially or of record, directly or indirectly, any share capital or other ownership or proprietary interest in any partnership, association, trust joint venture, limited liability company, or other entity that is in direct or indirect competition with the Company or XXX Group Companies.
No Conflicting Interest. Scitex Vision is not aware that any director, key Employee or Related Party of Scitex Vision or its subsidiaries has any interest in any corporation, partnership, or other entity that is engaged in a business which is in competition with that of Scitex Vision or its subsidiaries, is a supplier or customer of Scitex Vision or its subsidiaries, or is a party to any contract which may have any effect on the business of Scitex Vision or its subsidiaries.
No Conflicting Interest. Aprion is not aware that any director, key Employee or Related Party of Aprion or its subsidiaries has any interest in any corporation, partnership, or EXECUTION COPY other entity that is engaged in a business which is in competition with that of Aprion or its subsidiaries, is a supplier or customer of Aprion or its subsidiaries, or is a party to any contract which may have any effect on the business of Aprion or its subsidiaries.
No Conflicting Interest. Except as set forth in Part 2.25 of the Disclosure Schedule, the Company or ECI is not aware that any current or former key employee of the Company (who was employed by the Company in the last 2 years immediately preceding the date hereof), has any interest in any corporation, partnership, or other entity that is engaged in a business which is in competition with the Business, or is a supplier or customer of the Company.
No Conflicting Interest. The Company is not aware that any director, officer, key employee or Related Party of the Company has any interest in any corporation, partnership, or other entity that is engaged in a business which is in competition with that of the Company, is a supplier or customer of the Company, or is a party to any Contract which may have any effect on the business of the Company; provided, however, that the Parent and Merger Sub acknowledge that the Company Stockholders that are not natural Persons have made and shall continue to make investments and participate in the businesses, in the ordinary course of their business, in Persons/Entities that may compete, directly or indirectly, with the Company and the Parent, and the Parent and Merger Sub agree that such activities shall not constitute a breach of the representations and warranties contained in this Section 5.22.
No Conflicting Interest. The Company is not indebted, directly or indirectly, to any of its officers or directors (other than in connection with compensation) or to their respective spouses or children, in any amount whatsoever other than in connection with, expenses or advances of expenses incurred in the ordinary course of business or relocation expenses of employees. None of the Company’s officers or directors, or any members of their immediate families, are, directly or indirectly, indebted to the Company or, to the Company’s Knowledge, have any direct or indirect ownership interest in any firm or corporation with which the Company is affiliated or with which the Company has a business relationship, or any firm or corporation which competes with the Company. To the Company’s Knowledge, none of the Company’s officers or directors or any members of their immediate families are, directly or indirectly, interested in any Material Contract with the Company.
