Common use of Contractual and Financial Matters Clause in Contracts

Contractual and Financial Matters. 18.1.3.1 Notwithstanding Article 18.1.1.4, a Member who has any interest, direct or indirect, in any contract, transaction, proposed contract or proposed transaction under consideration by the University and is part of the decision-making process shall (a) declare the nature and extent of the interest as soon as possible and no later than the meeting at which the matter is to be considered; (b) refrain from taking part in any discussion or voting in relation to the matter; and (c) withdraw from the meeting when the matter is being discussed. 18.1.3.2 In particular, and without limiting the generality of the foregoing, unless specifically authorized by the Xxxxxxx and Vice-Principal (Academic) or designate, after full written disclosure of the conflict, a Member shall not (a) with University funds or with funds administered by the University, knowingly authorize the purchase of equipment, supplies, services or real property from a source with which the Member, or any individual with whom she/he has an immediate familial, sexual or financial relationship, has a material financial interest; or (b) engage any individual with whom the Member has an immediate familial, sexual or financial relationship in any capacity for which remuneration comes from University funds or from funds administered by the University.

Appears in 13 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Contractual and Financial Matters. 18.1.3.1 Notwithstanding Article 18.1.1.4, a Member who has any interest, direct or indirect, in any contract, transaction, proposed contract or proposed transaction under consideration by the University and is part of the decision-making process shall (a) declare the nature and extent of the interest as soon as possible and no later than the meeting at which the matter is to be considered; (b) refrain from taking part in any discussion or voting in relation to the matter; and (c) withdraw from the meeting when the matter is being discussed. 18.1.3.2 In particular, and without limiting the generality of the foregoing, unless specifically authorized by the Xxxxxxx and Vice-Principal (Academic) or designate, after full written disclosure of the conflict, a Member shall not (a) with University funds or with funds administered by the University, knowingly authorize the purchase of equipment, supplies, services or real property from a source with which the Member, or any individual with whom she/he has they have an immediate familial, sexual or financial relationship, has a material financial interest; or (b) engage any individual with whom the Member has an immediate familial, sexual or financial relationship in any capacity for which remuneration comes from University funds or from funds administered by the University.

Appears in 8 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Contractual and Financial Matters. 18.1.3.1 19.3.1 Notwithstanding Article 18.1.1.419.1.3, a Member who has any interest, direct directly or indirectindirectly, in any contract, transaction, proposed contract or proposed transaction under consideration by the University and is part of the decision-making process shall: (a) declare the nature and extent of the interest as soon as possible and no later than the meeting at which the matter is to be considered; (b) refrain from taking part in any discussion or voting vote in relation to the matter; and; (c) withdraw from the meeting when the matter is being discussed. 18.1.3.2 19.3.2 In particular, and without limiting the generality of the foregoing, unless specifically authorized by the Xxxxxxx and Vice-Principal (Academic) or designate, after full written disclosure of the conflict, a Member shall not: (a) with University funds or with funds administered by the University, knowingly authorize the purchase of equipment, supplies, services or real property from a source with which the Member, or any individual with whom she/he has an immediate familial, sexual or financial relationship, has a material financial interest; or; (b) engage any individual with whom the Member has an immediate familial, sexual or financial relationship in any capacity for which remuneration comes from University funds or from funds administered by the University.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Contractual and Financial Matters. 18.1.3.1 Notwithstanding Article 18.1.1.4, a Member who has any interest, direct or indirect, in any contract, transaction, proposed contract or proposed transaction under consideration by the University and is part of the decision-making process shall (a) declare the nature and extent of the interest as soon as possible and no later than the meeting at which the matter is to be considered; (b) refrain from taking part in any discussion or voting in relation to the matter; and (c) withdraw from the meeting when the matter is being discussed. 18.1.3.2 In particular, and without limiting the generality of the foregoing, unless specifically authorized by the Xxxxxxx and Vice-Principal (Academic) or designate, after full written disclosure of the conflict, a Member shall not (a) with University funds or with funds administered by the University, knowingly authorize the purchase of equipment, supplies, services or real property from a source with which the Member, or any individual with whom she/he has hasthey have an immediate familial, sexual or financial relationship, has a material financial interest; or (b) engage any individual with whom the Member has an immediate familial, sexual or financial relationship in any capacity for which remuneration comes from University funds or from funds administered by the University.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!