Avoidance of Conflicts. 1. Within the framework of its own laws and to the extent compatible with its important interests, each Party shall, having regard to the purpose of this Agreement as set out in Article I, give careful consideration to the other Party's important interests throughout all phases of its enforcement activities, including decisions regarding the initiation of an investigation or proceeding, the scope of an investigation or proceeding and the nature of the remedies or penalties sought in each case.
2. When a Party informs the other that a specific enforcement activity may affect the first Party's important interests, the second Party shall provide timely notice of developments of significance to those interests.
3. While an important interest of a Party may exist in the absence of official involvement by the Party with the activity in question, it is recognized that such interest would normally be reflected in antecedent laws, decisions or statements of policy by its competent authorities.
4. A Party's important interests may be affected at any stage of enforcement activity by the other Party. The Parties recognize the desirability of minimizing any adverse effects of their enforcement activities on each other's important interests, particularly in the choice of remedies. Typically, the potential for adverse impact on one Party's important interests arising from enforcement activity by the other Party is less at the investigative stage and greater at the stage at which conduct is prohibited or penalized, or at which other forms of remedial orders are imposed.
5. Where it appears that one Party's enforcement activities may adversely affect the important interests of the other Party, each Party shall, in assessing what measures it will take, consider all appropriate factors, which may include but are not limited to:
(i) the relative significance to the anticompetitive activities involved of conduct occurring within one Party's territory as compared to conduct occurring within that of theother;
(ii) the relative significance and foreseeability of the effects of the anticompetitive activities on one Party's important interests as compared to the effects on the otherParty's important interests;
(iii) the presence or absence of a purpose on the part of those engaged in the anticompetitive activities to affect consumers, suppliers or competitors within the enforcing Party's territory;
(iv) the degree of conflict or consistency between the first Party's enforcement act...
Avoidance of Conflicts. The Company shall have adopted a resolution restricting any future transactions between the Company or any of its Initial Subsidiaries or affiliates and Xxx Xxxxxxx, The Xxxxxxx Group, any affiliates of The Xxxxxxx Group or any shareholders of the Company with the right to appoint a voting member of the Board of Directors or affiliates thereof, in order to avoid the appearance of a potential conflict of interest.
Avoidance of Conflicts. During the Term, Executive will not engage in any outside business or other activity detrimental to, or competitive with, the interests of Cash America or any of its affiliated companies, but otherwise may (i) engage in other businesses or activities, (ii) make personal, passive investments of Executive’s own funds, (iii) participate in customary civic and charitable activities, and (iv) serve on the boards of directors of other public or private companies. Notwithstanding the foregoing, Executive may not have any financial interest in any competitor of Cash America or its affiliated companies; provided, Executive may have such investments in Executive’s personal investment portfolio as long as Executive is the registered owner of less than 2 percent of the outstanding stock or securities of any such competitor of Cash America or its affiliated companies, and such stock or securities are registered and publicly traded on a national stock exchange of any country.
Avoidance of Conflicts. 1. It is in the Parties’ common interest to minimize any potentially adverse effects of one Party’s enforcement activities on the other Parties’ interests in the application of their competition and consumer laws.
2. Where one Party informs another Party that specific enforcement activity by the second Party may affect the first Party’s interests in the application of its competition and consumer laws, the second Party will endeavour to provide timely notice of significant developments relating to those interests and an opportunity to provide input regarding any proposed penalty or remedy.
3. Any questions arising out of this Arrangement will be addressed in as timely and practicable a manner as circumstances permit.
Avoidance of Conflicts a. This MOU expresses the intent of the two parties to enter into discussions with respect to potential mutually beneficial collaboration efforts; however, the parties agree that nothing in this MOU will give rise to any legally binding or enforceable obligation, liability, or agreement on the part of either party.
b. Portland certifies that as a result of GE’s participation in this MOU, GE will not be precluded by any applicable state or city law, rule or regulation from qualifying for and pursuing opportunities, submitting bids, or being awarded business opportunities that may arise as a result of or relate to work performed in connection to this MOU.
c. Without limitation, nothing in this MOU shall prevent Portland from discussing economic development opportunities with any other company or competitor of GE, or for GE from entering into an agreement with any other party or otherwise taking any action in accordance with its interests, whether relating to the subject matter of this MOU or otherwise.
d. Nothing in this MOU waives any Portland city policy or prohibits Portland from maintaining or enforcing its current policies or agreements, including, but not limited to, contracting, competitive bidding, workforce, and other requirements.
Avoidance of Conflicts. Within the framework of its own laws and to the extent compatible with its important interests, each Party shall, having regard to the purposes of this Agreement as set out in Article I, give careful consideration to the other Party's important interests throughout all phases of its enforcement activities, including decisions regarding the initiation of an investigation or proceeding, the scope of an investigation or proceeding and the nature of the remedies or penalties sought in each case.
Avoidance of Conflicts. During the Term, Xxxxxxx will not engage in any outside business or other activity detrimental to, or competitive with, the interests of Interface, but otherwise may (i) engage in other businesses or activities, (ii) make personal, passive investments of his own funds, (iii) participate in customary civic and charitable activities, and (iv) serve on the boards of directors of other public or private companies. Notwithstanding the foregoing, Xxxxxxx may not have any financial interest in any competitor of Interface; provided, Xxxxxxx may have such investments in his personal investment portfolio as long as he is the registered owner of less than 2 percent of the outstanding stock or securities of any such competitor of Interface, and such stock or securities are registered and publicly traded on a national stock exchange of any country.
Avoidance of Conflicts. 16 Section 3.11
Avoidance of Conflicts. The Parties shall, within the framework of their own laws and to the extent compatible with their important interests, give careful consideration to the other Party’s important interests throughout all phases of their enforcement activities, including decisions regarding the initiation of an investigation or proceeding, the scope of an investigation or proceeding, and the nature of the remedies or penalties sought in each case, provided that such consideration is in accordance with the country’s existing laws.
Avoidance of Conflicts. Executive shall devote sufficient working time, attention, and energy to the performance of Executive’s duties hereunder. Except with the prior written approval of the Board (which the Board may grant or withhold in its sole and absolute discretion), Executive shall not: (i) accept any other employment or consultancy; (ii) serve on the board of directors or similar body of any other entity; or (iii) engage, directly or indirectly, in any other business activity (whether or not pursued for pecuniary advantage) that is or may be competitive with, or that might place Executive in a competing position to, the Company Group. Notwithstanding the foregoing, Executive may, without Board approval, devote reasonable time to unpaid activities such as supervision of personal investments and activities involving professional, charitable, educational, religious, civic, and similar types of activities, speaking engagements, and membership on committees; provided such activities do not individually or in the aggregate interfere with the performance of Executive’s duties under this Agreement, violate the Company’s standards of conduct then in effect, or raise a conflict under the Company’s conflict of interest policies.