Common use of Insider Contracts Clause in Contracts

Insider Contracts. 1. There is not outstanding, and there has not at any time since the Balance Sheet Date been outstanding, any Material agreement or arrangement to which the Company is a party and in which any of the following Persons is or has been interested, whether directly or indirectly: a. any of the Vendors; b. any Person beneficially interested in the Company's share capital; c. any Director; or d. any Person connected with any of them. 2. The Company is not a party to, nor have its profits or financial position during such period been affected by, any Material agreement or arrangement which is not entirely of an arm's length nature. 3. All costs incurred by the Company have been charged to the Company and not borne by any of the Vendors.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Natco Group Inc)

Insider Contracts. (1. ) There is not outstanding, and there has not at any time since during the Balance Sheet Date last three years been outstanding, any Material material agreement or arrangement to which the Company is a party and in which which (a) the Vendor, (b) any other member of the Vendor's Group, (c) any person beneficially interested in the Company's share capital, (d) any Director, or (e) any person connected with any of the following Persons them is or has been interested, whether directly or indirectly: a. any of the Vendors; b. any Person beneficially interested in the Company's share capital; c. any Director; or d. any Person connected with any of them. (2. ) The Company is not a party to, nor have its profits or financial position during such period been affected by, any Material agreement or arrangement which is not entirely of an arm's length nature. (3. ) All material costs incurred by the Company have been charged to the Company and not borne by any other member of the VendorsVendor's Group or any other person.

Appears in 1 contract

Sources: Share Purchase Agreement (Bio Technology General Corp)

Insider Contracts. 1. 15.1 There is not outstanding, and there has not at any time since during the Balance Sheet Date last three years been outstanding, any Material material agreement or arrangement to which the Company is a party and in which which: (a) the Vendors, (b) any other member of the Vendors’ Group, (c) any person beneficially interested in the Company’s share capital, (d) any Director, or (e) any person connected with any of the following Persons them is or has been interested, whether directly or indirectly: a. any of the Vendors; b. any Person beneficially interested in the Company's share capital; c. any Director; or d. any Person connected with any of them. 2. 15.2 The Company is not a party to, nor have its profits or financial position during such period been affected by, any Material agreement or arrangement which is not entirely of an arm's ’s length nature. 3. 15.3 All material costs incurred by the Company have been charged to the Company and not borne by any other member of the Vendors’ Group or any other person.

Appears in 1 contract

Sources: Share Purchase Agreement (KIT Digital, Inc.)