Common use of Commitments of the Principal Clause in Contracts

Commitments of the Principal. (1) The Principal commits itself to take all measures necessary to prevent corruption and to observe the following principles:- X. Xx employee of the Principal, personally or through family members, will in connection with the tender for, or the execution of a contract demand, take a promise for or accept, for him/herself or third person, any material benefit which he/she is not legally entitled to. II. The Principal will, during the tender process treat all Bidders with equity and reason. The principal will in particular, before and during the tender process, provide to all Bidders the same information and will not provide to any Bidder confidential/additional information through which the Bidder could obtain an advantage in relation to the tender process or the contract execution. III. The Principal will exclude from the process all known prejudiced persons. (2) If the Principal obtains information on the conduct of any of its employees which is a criminal offence under the relevant Anti-Corruption Laws of India, or if there be a substantive suspicion in this regard, the Principal will inform its Vigilance Office and in addition can initiate disciplinary action. (1) The Bidder / Contractor commit himself to take all measures necessary to prevent corruption. He commits himself to observe the following principles during his participation in the tender process and during the contract execution. I. The Bidder / Contractor will not, directly or through any other person or firm, offer, promise or give to the Principal, to any of the Principal’s employee involved in the tender process or the execution of the contract or to any third person any material or immaterial benefit which he/she is not legally entitled to, in order to obtain in exchange an advantage during the tender process or the execution of the contract. II. The Bidder / Contractor will not enter with other Bidders into any illegal agreement or understanding, whether formal or informal. This applies in particular to prices, specifications, certifications, subsidiary contracts, submission or non-submission of bids or action to restrict competitiveness. III. The Bidder / Contractor will not commit any criminal offence under the relevant Anti- corruption Laws of India, further the Bidder/Contractor will not use improperly, for purposes of competition or personal gain, or pass on to others, any information provided by the Principal as part of the business relationship, regarding plans, technical proposals and business details, including information contained or transmitted electronically. IV. The Bidder/Contractor will, when presenting his bid, disclose any and all payments he has made, is committed to or intends to make to agents, brokers or any other intermediaries in connection with the award of the contract. (2) The Bidder / Contractor will not instigate third persons to commit offences outlined above or be an accessory to such offences.

Commitments of the Principal. (1) The Principal commits itself to take all measures necessary to prevent corruption and to observe the following principles:-principles: X. Xx a) No employee of the Principal, personally or through family members, will in connection with the tender fortender, or the execution of a contract the contract, demand, take a promise for or accept, for himhimself/herself or third person, any material or immaterial benefit which he/she is not legally entitled to. II. b) The Principal will, during the tender process process, treat all Bidders with equity and reason. The principal will Principal will, in particular, before and during the tender process, provide to all Bidders the same information and will not provide to any Bidder confidential/confidential / additional information through which the Bidder could obtain an advantage in relation to the tender process or the contract execution. III. c) The Principal will exclude from the process all known prejudiced persons. (2) If the Principal obtains information on the conduct of any of its employees which is a criminal offence under the relevant Anti-Corruption Laws of India, or if there be a substantive suspicion in this regard, the Principal will inform its Vigilance Office and in addition can initiate disciplinary actionactions. (1) The Bidder / Contractor commit himself Contractor/Supplier commits itself to take all measures necessary to prevent corruption. He commits himself to observe the following principles during his participation in the tender process and during the contract execution. I. a) The Bidder / Contractor Contractor/Supplier will not, directly or through any other person or firm, offer, promise or give to the Principal, to any of the Principal’s employee 's employees involved in the tender process or the execution of the contract or to any third person person, any material or immaterial benefit which he/she is not legally entitled to, in order to obtain in exchange an exchange, any advantage of any kind whatsoever during the tender process or during the execution of the contract. II. b) The Bidder / Contractor Contractor/Supplier will not enter with other Bidders into any illegal undisclosed agreement or understanding, whether formal or informal. This applies in particular to prices, specifications, certifications, subsidiary contracts, submission or non-submission of bids or action any other actions to restrict competitivenesscompetitiveness or to introduce cartelisation in the bidding process. III. c) The Bidder / Contractor Contractor/Supplier will not commit any criminal offence under the relevant Anti- corruption Anti-Corruption Laws of India, ; further the BidderBidder / Contractor/Contractor Supplier will not use improperly, for purposes of competition or personal gain, or pass on to others, any information or document provided by the Principal as part of the business relationship, regarding plans, technical proposals and business details, including information contained or transmitted electronically. IV. d) The BidderBidder / Contractor/Contractor Supplier will, when presenting his bid, disclose any and all payments he has made, is committed to to, or intends to make to agents, brokers or any other intermediaries in connection with the award of the contract. (2) The Bidder / Contractor Contractor/Supplier will not instigate third persons to commit offences outlined above or be an accessory to such offences.

Commitments of the Principal. (1) The Principal commits itself to take all measures necessary to prevent corruption and to observe the following principles:- X. Xx employee of the Principal, personally or through family members, will in connection with the tender for, or the execution of a contract demand, take a promise for or accept, for him/herself or third person, any material benefit which he/she is not legally entitled to. II. The Principal will, during the tender process treat all Bidders with equity and reason. The principal will in particular, before and during the tender process, provide to all Bidders the same information and will not provide to any Bidder confidential/additional information through which the Bidder could obtain an advantage in relation to the tender process or the contract execution. III. The Principal will exclude from the process all known prejudiced persons. (2) If the Principal obtains information on the conduct of any of its employees which is a criminal offence under the relevant Anti-Corruption Laws of India, or if there be a substantive suspicion in this regard, the Principal will inform its Vigilance Office and in addition can initiate disciplinary action. (1) The Bidder / Contractor commit himself to take all measures necessary to prevent corruption. He commits himself to observe the following principles during his participation in the tender process and during the contract execution. I. The Bidder / Contractor will not, directly or through any other person or firm, offer, promise or give to the Principal, to any of the Principal’s employee involved in the tender process or the execution of the contract or to any third person any material or immaterial benefit which he/she is not legally entitled to, in order to obtain in exchange an advantage during the tender process or the execution of the contract. II. The Bidder / Contractor will not enter with other Bidders into any illegal agreement or understanding, whether formal or informal. This applies in particular to prices, specifications, certifications, subsidiary contracts, submission or non-submission of bids or action to restrict competitiveness. III. The Bidder / Contractor will not commit any criminal offence under the relevant Anti- Anti-corruption Laws of India, further the Bidder/Contractor will not use improperly, for purposes of competition or personal gain, or pass on to others, any information provided by the Principal as part of the business relationship, regarding plans, technical proposals and business details, including information contained or transmitted electronically. IV. The Bidder/Contractor will, when presenting his bid, disclose any and all payments he has made, is committed to or intends to make to agents, brokers or any other intermediaries in connection with the award of the contract. (2) The Bidder / Contractor will not instigate third persons to commit offences outlined above or be an accessory to such offences.