Common use of Insider Contracts Clause in Contracts

Insider Contracts. (1) Each Seller other than 3i plc and 3i Group plc covenants with the Purchaser that neither that Seller nor any person or company or other entity connected (subject to the proviso set out below) with that Seller: (a) is a party to any outstanding agreement or arrangement for the provision of finance, goods, services or other facilities to or by any Company or in any way relating to any Company or its affairs except as is set out in the Disclosure Letter; and (b) has any claim against the Company and hereby waives any claim it may have against the Company except as is set out in the Disclosure Letter, provided that no regard shall be had regarding any financial interest of the nature described in the proviso to clause 10(2)(a) . (2) ▇▇▇ ▇▇▇▇▇ covenants with the Purchaser that neither ▇▇▇ ▇▇▇▇▇ nor any person or company or other entity connected with ▇▇▇ ▇▇▇▇▇: (a) is a party to any outstanding agreement or arrangement for the provision of finance, goods, services or other facilities to or by any Company or in any way relating to any Company or its affairs except as is set out in the Disclosure Letter; and (b) has any claim against the Company and hereby waives any claim it may have against the Company except as is set out in the Disclosure Letter, provided that no regard shall be had regarding any financial interest of the nature described in the proviso to clause 10(2)(a) . (3) Each of 3i plc and 3i Group plc covenants with the Purchaser that it: (a) is not a party to any outstanding agreement or arrangement for the provision of finance, goods, services or other facilities to or by any Company or in any way relating to any Company or its affairs except as is set out in the Disclosure Letter; and ------------------------------------------------------------------------------- (b) does not have any claim against the Company and hereby waives any claim it may have against the Company except as is set out in the Disclosure Letter.