Common use of Certain Business Relationships with the Target Clause in Contracts

Certain Business Relationships with the Target. None of the ----------------------------------------------- Sellers and their Affiliates has been involved in any business arrangement or relationship with the Target within the past twelve months, and none of the Sellers and their Affiliates owns any asset, tangible or intangible, which is used in the business of Target. Target has not made any loan to, or entered into any other transaction with, any of its officers, directors or employees.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Lexar Media Inc)

Certain Business Relationships with the Target. None of the ----------------------------------------------- Sellers Seller and their its Affiliates has been involved in any business arrangement or relationship with the Target within the past twelve monthssince formation, and none of the Sellers Seller and their its Affiliates owns any asset, tangible or intangible, which is used in the business of the Target. Target has not made any loan to, or entered into any other transaction with, any of its officers, directors or employees.

Appears in 1 contract

Sources: Stock for Stock Exchange Agreement (Intac International Inc)

Certain Business Relationships with the Target. None of Neither the ----------------------------------------------- Sellers and their Seller nor any its Affiliates has been involved in any material business arrangement or relationship with the Target within the past twelve 12 months, and none neither the Seller nor any of the Sellers and their its Affiliates owns any material asset, tangible or intangible, which is used in the business of the Target. Target has not made any loan to, or entered into any other transaction with, any than those described in Section4(y) of its officers, directors or employeesthe Disclosure Schedule.

Appears in 1 contract

Sources: Stock Purchase Agreement (Aurelio Resource Corp)

Certain Business Relationships with the Target. None of the ----------------------------------------------- Sellers The Seller and their his Affiliates has have not been involved in any business arrangement or relationship with the Target within the past twelve (12) months, and none of the Sellers Seller and their his Affiliates owns do not own any asset, tangible or intangible, which is used in the business of the Target. Target has not made any loan to, or entered into any other transaction with, any of its officers, directors or employees.

Appears in 1 contract

Sources: Stock Purchase Agreement (Sys)

Certain Business Relationships with the Target. None of the ----------------------------------------------- Sellers Seller and their its Affiliates (other than the Target) has been involved in any business arrangement or relationship with the Target within the past twelve 12 months, and none of the Sellers Seller and their its Affiliates owns any asset, tangible or intangible, which is used in the business of the Target. Target has not made any loan to, or entered into any other transaction with, any of its officers, directors or employees.

Appears in 1 contract

Sources: Merger Agreement (American Consolidated Growth Corp)