Common use of Business Principles Clause in Contracts

Business Principles. Owners shall act in a manner consistent with BG Group’s Business Principles set out in Appendix F so as to enable Charterers to operate in accordance with those principles. Owners shall comply with the procedures for monitoring and reporting compliance as set out in the Business Principles Appendix F. Owners acknowledge that Charterers have a reporting policy and facility respectively called the ‘Speak Up Policy’ and ‘Speak Up’. The Speak Up Policy requires Charterers’ employees, and encourages others, to report any situation where there is reason to suspect that there has been a breach, or suspected breach, of BG Group’s Business Principles or other misconduct, Speak Up provides reporting channels by telephone and internet service (accessed via the BG Group website or through xxx.xx-xxxxxxx.xxx) to communicate any concerns confidentially. Owners are expected to use Speak Up.

Appears in 3 contracts

Samples: Master Time Charter Party (GasLog Partners LP), Master Time Charter Party (GasLog Ltd.), Master Time Charter Party (GasLog Ltd.)

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Business Principles. Owners shall act in a manner consistent with BG Group’s Business Principles set out in Appendix F E so as to enable Charterers to operate in accordance with those principles. Owners shall comply with the procedures for monitoring and reporting compliance as set out in the Business Principles Appendix F. E. Owners acknowledge that Charterers have a reporting policy and facility respectively called the ‘Speak Up Policy’ and ‘Speak Up’. The Speak Up Policy requires Charterers’ employees, and encourages others, to report any situation where there is reason to suspect that there has been a breach, or suspected breach, of BG Group’s Business Principles or other misconduct, . Speak Up provides reporting channels by telephone and internet service (accessed via the BG Group website or through xxx.xx-xxxxxxx.xxx) to communicate any concerns confidentially. Owners are expected to use Speak Up.

Appears in 2 contracts

Samples: LNG Time Charter Party (GasLog Partners LP), LNG Time Charter Party (GasLog Partners LP)

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