Business Standards Sample Clauses
The Business Standards clause sets out the expectations for the level of professionalism, ethical conduct, and quality that parties must maintain in their business dealings under the agreement. Typically, this clause requires parties to adhere to industry best practices, comply with applicable laws, and avoid actions that could harm the reputation or integrity of the business relationship. By establishing clear standards, the clause helps ensure consistent, responsible behavior and reduces the risk of disputes or reputational damage arising from substandard practices.
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Business Standards. Supplier will conduct its activities in an ethical manner and will not engage in any activity that could create a conflict of interest, such as making, receiving, or offering substantial gifts, entertainment, payments, loans or anything else of value to personnel or representatives of Purchaser or their families for the purpose of influencing those persons to act contrary to Purchaser’s best interests. Supplier will provide complete and accurate financial documentation to Purchaser. 28.
Business Standards. Symyx shall establish and maintain precautions to prevent its employees, agents or representatives from making, receiving, providing, or offering substantial gifts, entertainment, payments, loans, or other consideration to employees, agents, or representatives of ExxonMobil for the purpose of influencing those persons to act contrary to the best interests of ExxonMobil. This obligation shall apply to the activities of the employees of Symyx in their relations with the employees of ExxonMobil and their families and/or Third Parties arising from the Agreement. ExxonMobil shall establish and maintain precautions to prevent its employees, agents or representatives from making, receiving, providing, or offering substantial gifts, entertainment, payments, loans, or other consideration to employees, agents, or representatives of Symyx for the purpose of influencing those persons to act contrary to the best interests of Symyx. This obligation shall apply to the activities of the employees of ExxonMobil in their relations with the employees of Symyx and their families and/or Third Parties arising from the Agreement.
Business Standards. Each Party represents and warrants that it did not engage any person, firm or company as a commission agent for purposes of this Contract and that it has not given or offered to give nor will it give or offer to give (directly or indirectly) to any person any bribe, gift, gratuity, commission or other thing of significant value, as an inducement or reward for doing or forbearing to do any action or take any decision in relation to this Contract, or for showing or forbearing to show favor or disfavor to any person in relation thereto. The Contractor further represents and warrants that no loan, reward, offer, advantage or benefit of any kind has been given to any official of the State or any person for the benefit of such official or person or third parties, as consideration for an act or omission by such official in connection with the performance of such person’s duties or functions or to induce such official to use his or her position to influence any act or decisions of the administration with respect to this Contract.
Business Standards. Sunoco shall establish and maintain precautions to prevent its employees, agents or representatives from making, receiving, providing or offering substantial gifts, entertainment, payments, loans or other consideration to employees, agents or representatives of Motiva for the purpose of influencing those persons to act contrary to Motiva’s best interests. This obligation shall apply to the activities of the employees of Sunoco in their relations with the employees of Motiva and their families and/or third parties arising from this Agreement. Further, Sunoco agrees that all financial settlements, ▇▇▇▇▇▇▇▇ and reports rendered to Motiva or its representative shall reflect properly the facts about all activities and transactions handled for the account of Motiva.
Business Standards. Contractor, in performing its obligations under this Agreement, shall establish and maintain in effect appropriate business standards, procedures and controls to avoid any real or apparent impropriety that might affect adversely or conflict with the interests of Allegheny. Contractor shall exercise all reasonable care and diligence to prevent any actions or conditions, which could result in a conflict with the best interests of Allegheny. This obligation shall apply to the activities of the employees of Contractor and Subcontractors in their relations with the employees of Allegheny and their families and/or third parties arising from this Agreement. These efforts shall include, but not be limited to, establishing precautions to prevent their employees or Subcontractors from making, receiving, providing or offering any substantial gifts, extravagant entertainment, payments, loans, or other considerations.
Business Standards. Contractor, in performing its obligations under this Contract, shall establish and maintain appropriate business standards, procedures and controls, including those necessary to avoid any real or apparent impropriety or adverse impact on the interest of City or affiliates. Contractor shall review with City, at a reasonable frequency during the performance of the Work hereunder, such business standards and procedures including, without limitation, those related to the activities of Contractor's employees, Subcontractors and agents in their relations with City's employees, Consultants, agents, representatives, vendors, Subcontractors, other third parties and those relating to the placement and administration of purchase orders and subcontracts.
Business Standards. Supplier shall establish and maintain precautions to prevent itself and its Subcontractors from making, receiving, providing, or offering substantial gifts, entertainment, payments, loans, or other consideration to Representatives of Purchaser for the purpose of influencing those persons to act contrary to the best interests of Purchaser. This obligation shall apply to the activities of the Supplier and its Subcontractors in their relations with the Representatives of Purchaser and their families and/or third parties arising from this Agreement. Supplier agrees that all financial settlements, ▇▇▇▇▇▇▇▇, and reports rendered to Purchaser or its Representative may be relied upon as being complete and accurate in any further recordings and reports made by Purchaser or its Representatives for whatever purpose. Supplier agrees to notify Purchaser promptly upon discovery of, and work with Purchaser to rectify, any instance in which Supplier fails to comply with the provisions of this Section.
Business Standards. Each party to this Agreement shall establish precautions to prevent its employees or subcontractors from making, receiving, providing or offering any substantial gifts, extravagant entertainment, payments, loans, or other considerations to the employees of the other party and/or their families and/or third parties in connection with this Agreement.
Business Standards. Each Party shall establish and maintain policies prohibiting its employees, agents or representatives from making, receiving, providing, or offering substantial gifts, entertainment, payments, loans, or other consideration to employees, agents, or representatives of the other Party for the purpose of influencing those persons to act contrary to the best interests of the other Party. These policies shall apply to the activities of the employees of Enterprise and Customer and be requested of their respective subcontractors.
Business Standards. All UNILEVER dealings with third parties, in particular with governments and government personnel, are carried out in compliance with all applicable laws and regulations, including the United States Corrupt Foreign Practices Treaty, the Sarbanes Oxley Act and the standards of integrity required by all UNILEVER businesses. The Provider agrees that no payment or incentive can be made, offered, or authorized to political candidates, legislators, political parties and party officials or employees or government officials, whether local or national, including officers and employees of companies that belong to the government or international public organizations or organizations in the private sector. Similarly, no calidad y ▇▇▇▇▇ que requiera Unilever. Unilever podrá realizar o llevar a cabo las verificaciones que considere necesarias a fin de garantizar que el PROVEEDOR cumpla con los requisitos solicitados. El PROVEEDOR, se obliga a proporcionar a UNILEVER la información que este le requiera, así como a darle todas las facilidades para realizar dicha verificación. 8. PERMISOS Y LICENCIAS. El PROVEEDOR será el único responsable y estará obligado a la tramitación y obtención de las licencias, permisos y/o autorizaciones que requiera para cumplir con el objeto del presente Contrato, en el entendido que cualquier multa, sanción, adeudo y/o cualquier gasto en que incurra UNILEVER derivado del incumplimiento de cualquiera de los tramites antes mencionados, deberán de ser cubiertos por EL PROVEEDOR en un plazo que no podrá exceder de 3 (tres) ▇▇▇▇ naturales contados a partir de la fecha de reclamación por parte de UNILEVER, y en caso de incumplimiento el PROVEEDOR pagara a UNILEVER un interés del 10% mensual sobre la cantidad adeudada. 9. PENALIZACIONES. En caso de que incumplimiento en sus obligaciones el PROVEEDOR se obliga a pagar a UNILEVER una penalización del 3% (tres por ciento) por cada día de retraso, desde la fecha en que se debió ▇▇▇▇▇ entregado el bien o prestado el servicio hasta que cese el incumplimiento, lo anterior de conformidad con las especificaciones establecidas en el presente Contrato. 10. ESTANDARES DE NEGOCIO. Todos los tratos de UNILEVER con terceras personas, en particular con gobiernos y personal del gobierno se llevan a cabo en cumplimiento con todas las leyes y disposiciones aplicables, incluyendo el Tratado de Practicas Foráneas Corruptas de los Estados Unidos, ▇▇ ▇▇▇ Sarbanes Oxley y los estándares de integridad requeridos por todos lo...