Common use of Conflict of Interests Clause in Contracts

Conflict of Interests. II.2.1 The beneficiary undertakes to take all the necessary measures to prevent any risk of conflicts of interests which could affect the impartial and objective performance of the agreement. Such conflict of interests could arise in particular as a result of economic interest, political or national affinity, family or emotional reasons, or any other shared interest. II.2.2 Any situation constituting or likely to lead to a conflict of interests during the performance of the agreement must be brought to the attention of the Agency, in writing, without delay. The beneficiary shall undertake to take whatever steps are necessary to rectify this situation at once. II.2.3 The Agency reserves the right to check that the measures taken are appropriate and may demand that the beneficiary take additional measures, if necessary, within a certain time.

Conflict of Interests. II.2.1 The beneficiary undertakes beneficiaries undertake to take all the necessary measures to prevent any risk of conflicts of interests which could affect the impartial and objective performance of the agreement. Such conflict of interests could arise in particular as a result of economic interest, political or national affinity, family or emotional reasons, or any other shared interest. II.2.2 Any situation constituting or likely to lead to a conflict of interests during the performance of the agreement must be brought to the attention of the Agency, in writing, without delay. The beneficiary beneficiaries shall undertake to take whatever steps are necessary to rectify this situation at once. II.2.3 The Agency reserves the right to check that the measures taken are appropriate and may demand that the beneficiary beneficiaries take additional measures, if necessary, within a certain time.

Conflict of Interests. II.2.1 The beneficiary undertakes beneficiaries undertake to take all the necessary measures to prevent any risk of conflicts of interests which could affect the impartial and objective performance of the agreementAgreement. Such conflict of interests could arise in particular as a result of economic interest, political or national affinity, family or emotional reasons, or any other shared interest. II.2.2 Any situation constituting or likely to lead to a conflict of interests during the performance of the agreement Agreement must be brought to the attention of the Agency, in writing, without delay. The beneficiary beneficiaries shall undertake to take whatever steps are necessary to rectify this situation at once. II.2.3 The Agency reserves the right to check that the measures taken are appropriate and may demand that the beneficiary beneficiaries take additional measures, if necessary, within a certain time.