Common use of Affiliated Relationships Clause in Contracts

Affiliated Relationships. Organitech represents that all services rendered and all goods sold by (i) Organitech to any of the Organitech Shareholders or any Affiliate(s) of the Organitech Shareholders, or (ii) by any of the Organitech Shareholders or any Affiliate(s) of the Organitech Shareholders to Organitech, have been recorded in the accounts of Organitech at their full value as if they were transferred in arm's length transactions.

Appears in 2 contracts

Sources: Stock Exchange Agreement (Incubatethis Inc), Stock Exchange Agreement (Incubatethis Inc)