Conflicts of interest and financial irregularities Sample Clauses

Conflicts of interest and financial irregularities. (a) The Grant Recipient, any Delivery Partner and all officers, employees and other persons engaged or consulted by the Grant Recipient in connection with the Project shall not be in a position where there is a conflict of interest. The Grant Recipient is required to have formal procedures obliging all such persons to declare any actual or potential personal or financial interest in any matter concerning the Project, and to be excluded from any discussion or decision-making relating to the matter concerned. Any such conflicts must be reported to the Secretary of State in writing.
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Conflicts of interest and financial irregularities. 11.5.1 The Borrower and all officers, employees and other persons engaged or consulted by the Borrower in connection with the Project shall not be in a position where there is a conflict of interest. The Borrower is required to have formal procedures obliging all such persons to declare any actual or potential personal or financial interest in any matter concerning the Project, and to be excluded from any discussion or decision-making relating to the matter concerned.
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Conflicts of interest and financial irregularities. The Recipient must use reasonable endeavours to ensure that the Representatives of the Recipient, the Project Partners and/or any other third parties working on or in relation to the Project are not influenced by any conflict of interest. The Recipient must put in place formal procedures to require all persons referred to in clause 22.1 to declare any personal or financial interest in any matter concerning the Project and to be excluded from any discussion or decision-making relating to such matter. If the Recipient has any grounds for suspecting any failure to comply with the Bribery Legislation, or any Financial Irregularity in the use of any Grant paid under this Grant Agreement, it must: notify the Authority immediately; explain what steps are being taken to investigate the suspicion; and keep the Authority informed on the progress of the investigation. Without limiting clause 22.3, the Recipient and the Project Partners must not without the Authority's prior written consent make any gifts from the Grant Funding or other special payments (including ex-gratia payments) as defined in Managing Public Money, including any payment which may: cause embarrassment to, or repercussions for, the Authority and/or HM Government; or result in unusual or over-generous conditions of service, such as excessive severance packages.
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Conflicts of interest and financial irregularities. 25.1 The ERDF Recipient, any Delivery Partner, any Financial Intermediary and all officers, employees and other persons engaged or consulted by the ERDF Recipient in connection with the Project shall not be in a position where there is a conflict of interest. The ERDF Recipient is required to have formal procedures obliging all such persons to declare any actual or potential personal or financial interest in any matter concerning the Project, and to be excluded from any discussion or decision-making relating to the matter concerned.
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Conflicts of interest and financial irregularities. (a) The Applicant and all officers, employees and other persons engaged or consulted by the Applicant in connection with the Project shall not be in a position where there is a conflict of interest and the Applicant shall keep in place formal procedures obliging all such persons to declare any actual or potential personal or financial interest in any matter concerning the Project, and to be excluded from any discussion or decision-making relating to the matter concerned.
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Related to Conflicts of interest and financial irregularities

  • Conflicts of Interests The Company shall use its best efforts to ensure that the Company's employees, during the term of their employment with the Company, do not engage in activities that would result in a conflict of interest with the Company. The Company's obligations hereunder include, but are not limited to, requiring that the Company's employees devote their primary productive time, ability, and attention, to the business of the Company (provided, however, the Company's employees may engage in other business activity if such activity does not materially interfere with their obligations to the Company), requiring that the Company's employees enter into agreements regarding proprietary information and confidentiality and preventing the Company's employees from engaging or participating in any business that is in competition with the business of the Company.

  • No Conflicts of Interest A. Contractor represents and warrants that it has no actual or potential conflicts of interest in providing the requested goods or services to System Agency under this Contract or any related Solicitation and that Contractor’s provision of the requested goods and/or services under this Contract and any related Solicitation will not constitute an actual or potential conflict of interest or reasonably create an appearance of impropriety.

  • Conflicts of Interest Prohibited Conflicts of interest, including those arising from University or outside activities, are prohibited. Employees are responsible for resolving such conflicts of interest, working in conjunction with their supervisors and other University officials.

  • Organizational Conflicts of Interest (a) The Contractor warrants that to the best of its knowledge and belief and except as otherwise disclosed, it does not have any organizational conflict of interest which is defined as a situation in which the nature of work under this contract and a contractor's organizational, financial, contractual or other interests are such that:

  • Conflicts of Interest The Parties confirm that they have not offered, given, or accepted, nor intend to give at any time hereafter any economic opportunity, future employment, gift, loan, gratuity, special discount, trip, favor, service to the other in connection with this Agreement. Vendor affirms that, to the best of Vendor’s knowledge, this Agreement has been arrived at independently, and is awarded without collusion with anyone to obtain information or gain any favoritism that would in any way limit competition or give an unfair advantage over other vendors in the award of this Agreement. Vendor agrees that it has disclosed any necessary affiliations with Region 8 Education Service Center and the TIPS Department, if any, through the Conflict of Interest attachment provided in the solicitation resulting in this Agreement.

  • Conflict of interest and financial or other irregularities 12.1 The Recipient, and employees of the Recipient, shall be careful not to be subject to conflicts of interest.

  • Exclusion of applications on preliminary points of law Any recourse to any Court for the determination of a preliminary point of law arising in the course of the arbitration proceedings is excluded.

  • Your General Obligations 6.1 Full information You must give us any information we reasonably require for the purposes of this contract. The information must be correct, and you must not mislead or deceive us in relation to any information provided to us.

  • Choice of Law clauses for TIPS Members If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law clauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to read as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. 8

  • General Obligations 1. Each Party shall apply its measures relating to the provisions of this Chapter in accordance with Article 116 (General Principles) and, in particular, shall expeditiously apply those measures so as to avoid unduly impairing or delaying trade in goods or services or conduct of investment activities under this Agreement. 2. Nothing in this Chapter shall be construed to prevent a Party from applying measures to regulate the entry of natural persons into, or their temporary stay in, its territory, including those measures necessary to protect the integrity of, and to ensure the orderly movement of natural persons across, its borders, provided that such measures are not applied in such a manner as to unduly impair or delay trade in goods or services or conduct of investment activities under this Agreement.

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