Common use of No Payments Clause in Contracts

No Payments. No payments of any kind have been made or authorized since the date of the Company Financial Statements to or on behalf of the Vendor or the Significant Shareholders or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor or under any management agreements with the Company, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them;

No Payments. No payments of any kind have been made or authorized since the date of the Company Financial Statements to or on behalf of the Vendor or the Significant Shareholders Vendors or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor or under any management agreements with the Company, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them;

No Payments. No payments of any kind have been made or authorized since the date of the Company Financial Statements incorporation to or on behalf of the Vendor or the Significant Company Shareholders or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor Company Shareholders or under any management agreements with the Company, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them;

No Payments. No payments of any kind have been made or authorized since the date of the Quarterly Company Financial Statements to or on behalf of the Vendor or the Significant Company Shareholders or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor or under any management agreements with the Company, except (1) payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them, (2) a dividend of $65,000, and (3) the repayment of approximately $235,000 of indebtedness to a shareholder;

No Payments. No payments of any kind have been made or authorized since the date of the Company Financial Statements to or on behalf of the Vendor or the Significant Shareholders or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor or under any management agreements with the Company, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them;

No Payments. No payments of any kind have been made or authorized since the date of the Company most recently prepared Financial Statements to or on behalf of the Vendor or the Significant Shareholders Vendors or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor Vendors or under any management agreements with the CompanyVendors, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them;

No Payments. No payments of any kind have been made or authorized since the date of the Company Financial Statements to or on behalf of the Vendor or the Significant Shareholders Shareholder or to or on behalf of officers, directors, shareholders or employees of the Company or the Vendor or under any management agreements with the Company, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them;