Anti-Corruption Clause. Both Sides share a common concern in the fight against corruption, which jeopardizes good governance and the proper use of resources needed for development and, in addition, endangers fair and open competition based on price and quality. They declare, therefore, their intention of combining their efforts to fight corruption and declare, in particular, that no offer, gift, payment, consideration or benefit of any kind, which constitutes an illegal act or corrupt practice, has been or will be made directly or indirectly as an inducement or reward for the execution of this Agreement. Any act of this kind constitutes sufficient ground to terminate this Agreement or for taking any other corrective measures foreseen by the applicable law.
Anti-Corruption Clause. 8.1. The anti-corruption policy provides that none of the PARTIES’ employees, and any third party acting for them or in their name, may have any interest or commitment which comes into conflict with, or prevents them from, performing their obligations under this Contract. All work must be carried out with strict respect for, and compliance with, the applicable ethical standards and legislation. The PARTIES consider that behaving with integrity and transparency is essential, with a zero tolerance policy towards any corrupt practices.
Anti-Corruption Clause. The anti-corruption policy provides that none of the PARTIES’ employees, and any third party acting for them or in their name, may have any interest or commitment which comes into conflict with, or prevents them from, performing their obligations under this Contract. All work must be carried out with strict respect for, and compliance with, the applicable ethical standards and legislation. The PARTIES consider that behaving with integrity and transparency is essential, with a zero tolerance policy towards any corrupt practices. The PARTIES’ employees, and any third party acting in their name, will not make payments of any kind, under any circumstances, either directly or indirectly, to any of the PARTIES taking part in the TRIALS for the purpose of obtaining an unfair advantage or unduly influencing any decision making. This concept includes payments, or promises to pay, in kind and/or in cash, and any other offer of goods or services. The FOUNDATION will accurately record all financial transactions arising from this Contract and will, when requested to do so in writing, make the relevant documentation available to the SPONSOR allowing verification of compliance with the commitments included in this document.
Anti-Corruption Clause. Giving or offering money or any donation will be decisive cause of rejection, without further proceedings of the proposal or bid, in any phase of the proceeding or of the full rights contract cancellation so as to:
Anti-Corruption Clause. 9.1 The Parties agree that in connection with the performance of the Contract each Party shall:
Anti-Corruption Clause a. If it is proven that the Supplier directly or indirectly gave or offered financial or other material or immaterial rewards and benefits to any person employed by Iskra ISD in order to persuade Iskra ISD to conclude a business deal with such a Supplier, the Seller and Iskra ISD agree that Iskra ISD may request and achieve an annulment or nullification of the business deal. In this case, the Parties are obligated to hand over to each other everything they received from the other Party who participated in such a business deal, in which case the Supplier must first return what they have received to Iskra ISD and only then shall Iskra ISD return what they received to the Supplier. In this case, Iskra ISD is entitled to compensation that equals the compensation given if the Supplier failed to fulfil any of the obligations from the annulled business deal.
Anti-Corruption Clause. 9.1. As the parties have an interest in establishing and developing mutually fair cooperation based on mutual trust and respect for ethical principles, a) the Seller declares that, neither in connection with the conclusion of this Contract nor in connection with the pre- contractual negotiations with the Buyer, his employees, members of statutory bodies or other persons acting for the Buyer or representing him or acting directly or indirectly in favor of the Buyer (hereinafter referred to as a „person representing the Buyer“), • he was not asked and has not promised and has not provided directly or indirectly to any person representing the Buyer or to other person directly or indirectly designated by the person representing the Buyer any kind of material or other performance of property nature or of any other nature (other than remuneration negotiated under this contract), • with excercising of maximum professional care he is unaware of the fact that any of his employees, members of the statutory body, another subject acting in the name of the Seller or any person representing or acting directly or indirectly in favor of the Seller (hereinafter referred to as a "person representing the Seller“) was asked or promised or provided directly or indirectly any kind of material or other performance of property nature or of any other nature to a person representing the Buyer or other person directly or indirectly designated by the person representing the Buyer,
Anti-Corruption Clause. Within the framework of this contract, the parties shall neither directly nor indirectly propose benefits of any nature whatsoever. They shall not accept any such proposals. Any corrupt or illegal behaviour constitutes a violation of the present contract and justifies its termination as well as/or the recourse to supplementary measures in accordance with applicable legislation.
Anti-Corruption Clause. The anti-corruption policy establishes that no employee of __________(the SPONSOR), or of any third party acting on its own behalf or for the SPONSOR, may have any interest or commitment that could conflict with or hinder the performance of their obligations under this Contract in an ethical and suitable manner, and all activities shall be conducted in strict observance of and compliance with such ethical standards and applicable legislation. ___________(the SPONSOR) considers integrity and transparency to be essential and applies a zero-tolerance policy to any corrupt practice. The employees of__________(the SPONSOR) and any third party acting on behalf of the same shall not make contact with or authorise, under any circumstances, neither directly nor indirectly, payments of any type made to any of the individuals participating in the CLINICAL TRIAL in order to obtain an improper advantage or to exert undue influence upon the making of any decision. Included in the concept of “payments” are payments or promises of payment, in kind and/or in cash, as well as any other offering of a good or service. The FOUNDATION shall properly record all financial transactions resulting from this Contract and shall make available to ______ (the SPONSOR) the corresponding documentation that allows for verification of fulfilment of the commitments contained in this document.
Anti-Corruption Clause. Neither the Seller, nor the Buyer or any party acting on behalf of the Seller or the Buyer, including any director, partner, manager, or employee of the Seller and/or the Buyer (i) has not, as of the Transaction Execution Date, made any direct or indirect illegal payment to any foreign or Russian government official or employee, (ii) has not participated and will not participate in violation, by the Company, the Seller or the Buyer, of any anti-corruption law, applicable to the Parties and prohibiting the payment of bribes to public officials or employees, (iii) has not paid any bribes or made any other illegal payments, including in connection with the activities of the Company, and (iv) has not concealed from the Seller and/or the Buyer any information that could materially affect the legality of the execution of this Agreement and Execution of the Transaction. Similar restrictions and provisions are stipulated (included) in the FCPA and/or the UK BRIBERY ACT, whereunder neither the Seller, nor the Buyer, nor any of their affiliates or other parties associated therewith have committed and/or will commit any act (or omission) that constitutes a violation, may be deemed a violation, or may result in a violation of the FCPA and/or the UK BRIBERY ACT by the Buyer or its affiliates.
