Anti-Bribery Provisions. 20.13.1 Each Party agrees that it shall comply with, and that the Services will be performed in accordance with, the Anti-Corruption Laws, subject to the Change Control Procedure in respect of any change in Anti-Corruption Laws after the date hereof, and that it shall not cause, by act or omission, any other Party to be in breach of any Anti-Corruption Laws.
20.13.2 Each Party shall have in place and comply with its own anti-bribery and corruption policy to ensure that it complies with the Anti-Corruption Laws (each such policy, an “Anti-Bribery and Corruption Policy”). If requested, a Party shall provide to the other Party a copy of its Anti-Bribery and Corruption Policy and, if required, the providing Party will explain to the receiving Party how the features set out in its Anti-Bribery and Corruption Policy correspond to the receiving Party’s Anti-Bribery and Corruption Policy. Subject to the Change Control Procedure, the providing Party shall promptly implement any amendments to its Anti-Bribery and Corruption Policy which the receiving Party, acting reasonably, considers necessary following its review of the providing Party’s Anti-Bribery and Corruption Policy to ensure that the providing Party complies with the Anti-Corruption Laws.
20.13.3 Each Party shall review its Anti-Bribery and Corruption Policy on a regular basis and shall promptly implement and notify the other Party of any amendments to its Anti-Bribery and Corruption Policy which it considers necessary for continued compliance with the Anti-Corruption Laws.
20.13.4 Each Party shall cooperate with the other Party and promptly provide any information or confirmation which the other Party requires from time to time in connection with the obligations set forth in this Section 20.13. Each Party acknowledges that the other Party will place reliance upon the information provided.
20.13.5 Each Party shall immediately notify the other Party in writing of any suspected or known breach of its Anti-Bribery and Corruption Policy or any of the Anti-Corruption Laws.
20.13.6 Each Party shall have the right to suspend and/or terminate any Service Schedule for material breach immediately, or on such other time specified by the terminating Party, upon written notice to the Provider under such Service Schedule if: (i) the Provider, or any person employed by it or acting on its behalf (whether with or without the knowledge of such Service Provider) fails to comply with any of the Anti-Corruption Laws or is in ...
Anti-Bribery Provisions. Subcontractor undertakes to protect the standards of business practice of the Contractor at all times and to act in such a way as to uphold the Contractor’s good name and reputation and not to do or attempt to do any act or thing which is intended and/or which in fact causes any damage to or brings discredit upon the Contractor. In particular, the Subcontractor will not:
(a) Offer, give or agree to give to any director, officer, employee or agent of the Contractor or Owner any gift or consideration of any kind as an inducement or reward for either (i) taking or electing not to take any action in relation to this Subcontract or any other contract with the Contractor or the Owner or (ii) demonstrating or electing not to demonstrate either favorable or unfavorable behavior towards any person in relation to the Subcontract or any other contract with the Contractor or the Owner.
(b) Induce or attempt to induce any officer, servant or agent of any private or public body to depart from his duties to his employer or be involved with any such arrangement. Any violation of this Article 27 shall constitute a material failure to perform by Subcontractor giving rise to a termination for default pursuant to Article 10 herein.
Anti-Bribery Provisions. This portion of the Act makes it a criminal offense for an employee (or an officer, director, agent or shareholder of the corporation) to make an offer, payment or gift of any money or other item of value, directly or indirectly, to (i) a foreign official, (ii) a foreign political party, (iii) a party official or (iv) a candidate for foreign political office for the “corrupt” purpose of obtaining or retaining business for the Company or for the purpose of directing business to any other person. The term “corrupt” is construed to prohibit any activity, including the provision of meals, lodging or entertainment, which is meant to influence the recipient and which is done for the stated illegal purposes. This highly publicized provision carries with it prosecution of officers, directors, employees or agents resulting in fines of up to US$100,000 or imprisonment of up to five years, or both. The Act does provide a narrow exception for payments to a foreign official, foreign political party, or party official intended to hasten or secure the performance of a “routine governmental action.” Such “routine governmental actions” are those ordinarily performed by a foreign official in:
Anti-Bribery Provisions. 6.1 Both Parties shall act in good faith with respect to the provisions of this Agreement and shall conduct themselves in accordance with the spirit and anti-bribery provisions of the Xxxxxxx Xxx 0000. Each Party shall ensure proportionate compliance with this Clause 6, taking into account factors including, but not limited to, the size and nature of its business; the markets and territories in which it operates; and the nature of any other parties with which it transacts including, but not limited to, contractors, agents, suppliers, service providers and clients.
6.2 In particular, neither Party shall offer, request, agree to receive or accept anything that may, under the relevant provisions of the Xxxxxxx Xxx 0000, constitute a bribe including, but not limited to, financial incentives and disproportionately lavish hospitality (or promises thereof) designed to induce, reward or constitute improper performance by the Party concerned of its obligations.
6.3 Each Party shall ensure that adequate procedures are in place to prevent any associated persons (as defined by Section 8 of the Bribery Act 2010) from bribing another person with the intention of obtaining or retaining business, or obtaining or retaining an advantage in the conduct of business, for that Party insofar as any actions of such associated persons relate to this Agreement.
Anti-Bribery Provisions. (a) The Parties agree to comply with the anti- bribery laws and regulations and to act in good faith in all transactions with each other. None of the Founders, the Management Team Members or the Target Company shall offer, undertake or provide any thing of value, directly or indirectly, to the Investor or employees of the Investor or employees of its Affiliates in connection with this Agreement or any commercial transaction among the Parties, which would constitute bribery under any applicable laws or regulations, including but not limited to the Anti-Unfair Competition Law and the Criminal Law. The Parties acknowledge that they have not paid and will not pay any monies or gifts or provide any other benefits to the Investor or employees of the Investor or employees of its Affiliates.
(b) Each Party shall promptly notify the other Party of any violation of these Articles or any applicable anti-bribery or anti-corruption laws or regulations which it becomes aware of. The Parties agree to cooperate fully with each other and with any governmental or regulatory authority in any investigations of violations of these Articles or any applicable laws or regulations.
(c) In the event of any breach of these Articles by either Party, the non-breaching Party shall have the right immediately to terminate this Agreement and to seek any and all available remedies, including, without limitation, damages and injunctive relief.
(d) These Articles shall survive any termination or expiration of this Agreement and shall remain in effect for a period of five (5) years.
(e) These Articles are an essential part of this Agreement and any non-compliance with its terms shall be considered a material breach of this Agreement.
Anti-Bribery Provisions. 6.1 In particular, neither Party shall offer, request, agree to receive or accept anything that may constitute a bribe, including, but not limited to, financial incentives and disproportionately lavish hospitality (or promises thereof) designed to induce, reward or constitute improper performance by either Party concerned of its obligations.
Anti-Bribery Provisions. The Parties hereby agree that they shall comply with all applicable anti- bribery laws as well as the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act as well as any other applicable laws and regulations.
Anti-Bribery Provisions. 28.1. The Provider will not, and nor will any The Provider Personnel directly or indirectly, offer, give or agree to offer or give (either itself or in agreement with others) any payment, gift or other advantage with respect to any matters which are the subject of this Contract which:
28.1.1. would violate any anti-corruption laws or regulations applicable to The Provider (or which would apply if for these purposes The Provider was assumed to be a UK person or incorporated company) or LAL (including the Bribery Act 2010);
28.1.2. is intended to, or does, influence or reward any person for acting in breach of an expectation of good faith, impartiality or trust, or which it would otherwise be improper for the recipient to accept;
28.1.3. is made to or for a public official with the intention of influencing them and obtaining or retaining an advantage in the conduct of business; or
28.1.4. which a reasonable person would otherwise consider to be unethical, illegal or improper, (any one of 28.1.1 to 28.1.4 being a "Corrupt Act").
28.2. The Provider shall, and shall procure that its sub-contractors shall, have in place, during the term of this Contract, adequate procedures designed to prevent any person associated with Supplier or its sub-contractors from committing a Corrupt Act and as a minimum such procedures shall comply with the most recent guidance issued from time to time by the relevant regulator pursuant to the Xxxxxxx Xxx 0000.
28.3. The Provider shall throughout the term of the Contract comply with, monitor and enforce the procedures referred to in Clause 28.2.
28.4. To the best of its knowledge and belief, neither The Provider nor any of The Provider Personnel nor any sub-contractor:
28.4.1. has at any time been found by a court in any jurisdiction to have engaged in any Corrupt Act (or similar conduct);
28.4.2. has at any time admitted to having engaged in any Corrupt Act (or similar conduct); or
28.4.3. has at any time been investigated or been suspected in any jurisdiction of having engaged in any Corrupt Act (or similar conduct). The Provider represents and warrants that it and any The Provider Personnel have not engaged in any Corrupt Act prior to the date of this Contract.
28.5. At any time during the term of this Contract and for two (2) years thereafter The Provider shall upon 10 Working Days’ written request from LAL make its books and records which are relevant to the provision of the Services available to an accountant from an internation...
Anti-Bribery Provisions. Definitions
Anti-Bribery Provisions. 19.1 The Agent shall comply with the requirements of the anti-bribery laws in accordance with the following provisions of this paragraph 19.
19.2 The Agent shall not make or receive any bribe or other improper payment or allow any such to be made or received on its behalf, and shall implement and maintain adequate procedures to ensure that none is made or received directly or indirectly on its behalf.
19.3 The Agent shall ensure that:
19.3.1 it has adequate procedures relating to the prevention of bribery and corruption; “adequate procedures” are policies, procedures, processes and systems designed to ensure, and which are reasonably expected to continue to ensure, compliance with the applicable anti-bribery laws;
19.3.2 all the Agent’s personnel, others associated with the Agent and any Agent’s sub-contractors involved in performing services in connection with this Agreement so comply; and
19.3.3 there are proper arrangements in place to monitor adherence to the adequate procedures it has in place.
19.4 References in this paragraph 19 to the “Anti-Bribery Laws” are to the laws in force under the Xxxxxxx Xxx 0000 and its subordinate legislation; references to a “bribe” includes any activity, conduct or practice which would constitute an offence under sections 1, 2 and 6 of the Xxxxxxx Xxx 0000.
