ANTI-CORRUPTION AND BRIBERY. Each party represents that neither it nor anyone acting on its behalf has offered, given, requested or accepted any undue financial or other advantage of any kind in entering into this Agreement, and that it will comply with all applicable laws and regulations pertaining to corruption, competition and bribery in carrying out the terms and conditions of this Agreement.
ANTI-CORRUPTION AND BRIBERY. Seller represents and warrants that it will comply with all applicable local and national laws and regulations pertaining to its performance of its obligations under this purchase order. In particular and without limitation, Seller shall not act in any fashion or take any action that will render Buyer liable for a violation of any applicable anti-bribery legislation (including without limitation, The U.S. Foreign Corrupt Practices Act, the UK Xxxxxxx Xxx 0000 and the Criminal Law of the PRC), which prohibits the offering, giving or promising to offer or give, or receiving, directly or indirectly, money or anything of value to any third party to assist in retaining or obtaining business or in performing the Work. Seller's failure to comply with this provision shall constitute a material breach of an Order.
ANTI-CORRUPTION AND BRIBERY. Sealed Air is fully committed to eliminate corruption from business transactions. We require that Suppliers are not only compliant with all applicable legal and ethical standards, but that Suppliers are equally committed to eliminate corruption in any of its forms, including bribery, facilitation payments, extortion, money laundering, and other illegal or unethical gratuities.
ANTI-CORRUPTION AND BRIBERY. 12.1 The Company takes a zero tolerance approach to bribery and corruption. The Supplier warrants that it and its Associated Persons has complied with all Anti- Corruption Legislation and the Anti-Corruption Policies when entering into this agreement;
12.2 The Supplier warrants that no foreign public official owns a direct or indirect interest in the counterparty or Associated Persons and no public official has any legal or beneficial interest in any payments made by the Company under this agreement.
12.3 The Supplier warrants that it shall comply with the Anti-Corruption Policies and Anti- Corruption Legislation throughout the term of this agreement, including that it shall monitor, maintain and shall enforce where appropriate Adequate Procedures to ensure its own employees, agents and Associated Persons’ compliance with the Anti- Corruption Policies and Anti-Corruption Legislation. The Supplier shall provide such supporting evidence of compliance with this as the Company may reasonably request.
12.4 The Supplier shall inform the Company immediately in the case of a breach of any of the Anti-Corruption Policies and the Anti-Corruption Legislation including but not limited to any request or demand for any undue financial or other advantage of any kind received by the Supplier in connection with the performance of this agreement;
12.5 If requested, the Supplier shall provide the Company with any reasonable assistance to enable the Company to perform any activity required by any relevant government or agency in any relevant jurisdiction for the purpose of compliance with any of the Anti-Corruption Legislation or Anti-Corruption Policies that apply to the Company;
12.6 Breach of any provisions of this Clause shall be a material breach and may result in the immediate termination of the agreement and/or legal action. If the Company terminates this agreement for breach of this clause 13, the Supplier shall not be entitled to claim compensation or any further remuneration, regardless of any activities or agreements with additional third parties entered into before termination. This Clause does not affect the operation of any other clause with reference to the Company’s termination rights.
ANTI-CORRUPTION AND BRIBERY. 14.1 In recognition of the principles enshrined in Malaysian Anti-Corruption Commission Act 2009 and amendment thereof, international and regional laws, regulations and conventions on combating corruption and bribery and to ensure compliance with the anti-corruption and bribery laws applicable to the activities contemplated under this Agreement and any other anti-corruption and bribery laws otherwise applicable to the Parties.
14.2 Each Party represents and warrants to the other Party that neither it, nor anyone on its behalf, will violate any anti-corruption and bribery rules and regulations of the applicable laws. Each Party agrees that it will not, directly or indirectly, receive, pay, promise to pay, or authorize the payment of any money or anything of value to:
i) an officer, employee or representative of any government, including any person acting in an official capacity on behalf hereof; or
ii) any other person or entity in order to assist either Party in the transactions contemplated under this Contract. Recording the payments in the paying Party’s books must include disclosing the accurate purpose behind the payment with the reasonable amount of details to describe the payment purpose.
14.3 Each Party undertakes that no payment will be made to anyone for any reason on behalf of either Party which is not accurately recorded in the books and records of the paying Party.
14.4 Each Party shall cause its employees, subcontractors, agents, consultants or associated persons (if any) to comply with the obligations set forth in terms and conditions contained herein and to warrant the same under the terms of its agreements with any subcontractor’s agents, consultants or associated persons, as the case may be.
14.5 Each of the Parties agrees to and shall adopt, implement and comply with all policies, procedures and guidelines designed to ensure ethical business practices, particularly for avoiding all types of illegal payments including bribery or facilitation payments.
14.6 Each Party shall provide all reasonable assistance, information and documentation to the other party during the course of the investigation by authorities, if any in relation to any suspected bribery or corruption.
14.7 The Party found to have breached the terms and conditions contained herein shall indemnify and hold harmless the other party against any liability or losses arising out of or in connection with the said breach.
14.8 Each Party reserves the right to terminate this agreemen...
ANTI-CORRUPTION AND BRIBERY. 26.1 During the continuance of the Employment the Employee:
26.1.1 shall not directly or indirectly procure accept or obtain for the Employee’s own benefit (or for the benefit of any other person) any payment, rebate, discount, commission, vouchers, gift, entertainment or other benefit outside the normal course of business (“Gratuities”) from any third party in respect of any business transacted (whether or not by the Employee) by or on behalf of the Company or any Group Company;
26.1.2 shall observe the terms of any policy issued by the Company or any Group Company in relation to Gratuities and/or Bribery and Anti Corruption; and
26.1.3 shall, as soon as reasonably practicable, disclose or account to the Company or any Group Company for any Gratuities received by the Employee (or any other person on the Employee’s behalf or at the Employee’s instruction).
ANTI-CORRUPTION AND BRIBERY. (a) No Group Company, nor, so far as the Warrantors are aware, any Director, officer, agent, Employee or other person acting for or on behalf of any Group Company is or has at any time engaged in any activity, practice or conduct which would constitute an offence under the Xxxxxxx Xxx 0000 or any other applicable legislation or regulation on the giving or receiving of bribes in any other jurisdiction.
(b) So far as the Warrantors are aware, no Associated Person of any Group Company has bribed another person (within the meaning given in section 7(3) of the Bribery Act 2010) intending to obtain or retain business or an advantage in the conduct of business for that particular company and/or any other Group Company nor, so far as the Warrantors are aware, has an Associated Person of any Group Company been bribed within the meaning given in section 2 of the Xxxxxxx Xxx 0000.
(c) Each Group Company has in place adequate procedures to prevent their Associated Persons from undertaking conduct which would constitute an offence under the Xxxxxxx Xxx 0000.
(d) So far as the Warrantors are aware, no Group Company nor any Director, officer, agent, Employee or other person acting for or on behalf of any Group Company is or has been the subject of any investigation, or enquiry by, or on behalf of, any governmental, administrative or regulatory authority, or any customer, in respect of any offence or alleged offence under the Xxxxxxx Xxx 0000, or under applicable anti-corruption laws or regulation of any other jurisdiction, and, so far as the Warrantors are aware, there are no circumstances likely to give rise to such investigation or enquiry.
(e) So far as the Warrantors are aware, no Director, officer, agent, Employee or other person acting for or on behalf of any Group Company has been party to any of the following:
(i) the use of any assets of a Group Company for unlawful contributions, gifts, entertainment or other unlawful expenses relating to any activity, including any political activity;
(ii) the establishment or maintenance of any unlawful or unrecorded fund of monies or other assets;
(iii) the making of any false or fictitious entries in the books or records of the Group Company; or
(iv) the making of any unlawful payment.
ANTI-CORRUPTION AND BRIBERY. 7.1. You undertake to perform and execute your studies and/or training and/or work in good faith and to act in the interest of the Company at all times. You confirm that during the period of this Agreement you will not, directly or indirectly, conduct yourself, be involved, participate, engage, promote, be implicated, associate and/or encourage any acts or practices in breach of any applicable laws in South Africa pertaining to the preventionof fraud, bribery, corruption, money laundering or terrorism, including but not limited to the Prevention and Combating of Corrupt Activities Act, as amended, and the Prevention of Organised Crime Act, as amended.
7.2. Should you believe or suspect and/or become aware that any of the employees in the Company may have acted contrary or in breach of any applicable laws in South Africa set out in clause 7.1, it will be incumbent upon you toimmediately notify the Company thereof.
7.3. Notwithstanding anything to the contrary contained in this Agreement, you shall be liable for any loss or damage suffered or incurred by the Company, whether discovered by the Company during the course of or after the termination of this Agreement, which is a result of, or in connection with your direct or indirect involvement, participation, promotion, implication, association and/or encouragement of acts or practices in breach of any applicable South African laws for the prevention of fraud, bribery, corruption, money laundering or terrorism.
7.4. The Company may also recover any reasonable legal costs incurred by the Company in defending or opposingany legal proceedings related to and/or incidental to the claims of fraud, bribery, corruption, money laundering or terrorism as a result of your direct or indirect involvement during the course of this Agreement.
ANTI-CORRUPTION AND BRIBERY. The Company takes a zero-tolerance approach to bribery and corruption. The Employee must comply with the Policies and Procedures, in particular, any anti-corruption and bribery policy and related procedures at all times. Failure to do so will be treated as a disciplinary matter and may be a cause for termination without Notice or compensation in lieu of Notice.
ANTI-CORRUPTION AND BRIBERY. The parties to this Agreement shall comply with all Applicable Laws, statutes and regulations relating to anti-bribery and anti-corruption including but not limited to the Bribery Act 2010 and the parties shall not engage in any activity, practice or conduct which would constitute an offence under the Bribery Act 2010 if such activity, practice or conduct had been carried out in the UK.
