Common use of ADMINISTRATION AND PAYMENT Clause in Contracts

ADMINISTRATION AND PAYMENT. It is understood and "Kickback," as used in this clause, means any money, fee agreed that the Company is authorized to and will make payment commission, credit, gift, gratuity, thing of value, or compensation of hereunder from Government funds advanced and agreed to be any kind which is provided, directly or indirectly, to any prime advanced to it by DOE and not from its own assets; and that Contractor, prime Contractor employee, subcontractor, or administration of this subcontract may be transferred from the subcontractor employee for the purpose of improperly obtaining or Company to DOE or its designee, and in case of such transfer and rewarding favorable treatment in connection with a prime contract notice thereof to the Seller the Company shall have no further or in connection with a subcontract relating to a prime contract. responsibilities hereunder. "Person," as used in this clause, means a corporation,