Common use of Compliance with the Foreign Corrupt Practices Act Clause in Contracts

Compliance with the Foreign Corrupt Practices Act. In connection with the Acquired Businesses, Seller and its representatives have not, to obtain or retain business, directly or indirectly offered, paid or promised to pay, or authorized the payment of, any money or other thing of value (including any fee, gift, sample, travel expense or entertainment with a value in excess of One Hundred Dollars ($100.00) in the aggregate to any one individual in any year) to: (i) any person who is an official, officer, agent, employee or representative of any governmental body or of any existing or prospective customer (whether government owned or nongovernment owned); (ii) any political party or official thereof; (iii) any candidate for political or political party office; or (iv) any other individual or entity; while knowing or having reason to believe that all or any portion of such money or thing of value would be offered, given, or promised, directly or indirectly, to any such official, officer, agent, employee, representative, political party, political party official, candidate, individual, or any entity affiliated with such customer, political party or official or political office.

Appears in 1 contract

Sources: Asset Purchase Agreement (Proquest Co)

Compliance with the Foreign Corrupt Practices Act. In connection with the Acquired Businesses, Seller and its representatives have not, to obtain or retain business, directly or indirectly offered, paid or promised to pay, or authorized the payment of, any money or other thing of value (including any fee, gift, sample, travel expense or entertainment with a value in excess of One Hundred Dollars ($100.00) in the aggregate to any one individual in any year) to: (ia) any person who is an official, officer, agent, employee or representative of any governmental body or of any existing or prospective customer (whether government owned or nongovernment owned); (iib) any political party or official thereof; (iiic) any candidate for political or political party office; or (ivd) any other individual or entity; while knowing or having reason to believe that all or any portion of such money or thing of value would be offered, given, or promised, directly or indirectly, to any such official, officer, agent, employee, representative, political party, political party official, candidate, individual, or any entity affiliated with such customer, political party or official or political office.

Appears in 1 contract

Sources: Asset Purchase Agreement (Meadowbrook Insurance Group Inc)

Compliance with the Foreign Corrupt Practices Act. In connection with the Acquired Businesses, Seller and its representatives Representatives have not, to obtain or retain businessbusiness related to the Product Line, directly or indirectly offered, paid or promised to pay, or authorized the payment of, any money or other thing of value (including any fee, gift, sample, travel expense or entertainment with a value in excess of One Hundred Dollars one hundred dollars ($100.00) in the aggregate to any one individual in any year) ), to: : (ia) any person who is an official, officer, agent, employee or representative of any governmental body Governmental Authority or of any existing or prospective customer (whether government owned or nongovernment owned); ; (iib) any political party or official thereof; ; (iiic) any candidate for political or political party office; or or (ivd) any other individual or entity; while knowing or having reason to believe that all or any portion of such money or thing of value would be offered, given, or promised, directly or indirectly, to any such official, officer, agent, employee, representative, political party, political party official, candidate, individual, or any entity affiliated with such customer, political party or official or political office.

Appears in 1 contract

Sources: Asset Purchase Agreement (Widepoint Corp)