DECLARATION BY COMPANY Clause Samples
DECLARATION BY COMPANY. For so long as Citizens Capital shall hold the Convertible Debentures, the Company shall have by the Distribution Declaration Date immediately preceding a Distribution Payment Date declared by Distribution Declaration Notice the form of payment in which it intends to pay the interest on the Convertible Debentures held by the Citizens Capital. If the Company shall have by the Distribution Declaration Date in respect of a Distribution Payment Date, declared to pay interest on the Convertible Debentures in the form of cash, the holders of the Partnership Preferred Securities will receive payments of distributions from Citizens Capital only in the form of cash, notwithstanding any election by the holder to the contrary. If the Company shall have by the Distribution Declaration Date declared to pay interest on the Convertible Debentures in the form of shares of Common Stock, the holders of the Partnership Preferred Securities may receive distributions on the Partnership Preferred Securities in the form of cash or shares of Common Stock subject to the provision of this Section 6.4. If the Company fails to make a timely declaration, the Company shall be deemed to have elected to pay interest in the form of shares of Common Stock.
DECLARATION BY COMPANY. X
2.1 In relation to all our dealings with PIBB, we, the undersigned representing, and on behalf of Company X, agree that:
2.1.1 Our staff will not demand, accept or offer any bribe, gift, favour, benefit, advantage, or any other form of gratification as defined under Clause 3 of the Malaysian Anti-Corruption Commission ▇▇▇ ▇▇▇▇, for himself or any other person, organisation or third party, directly or through a friend, relative or other third party in relation to business dealings between PIBB and Company X.
2.1.2 Our staff will whistleblow on any corrupt activities, to PIBB through its whistleblowing channels, or to any relevant enforcement agencies, such as the MACC or the police, including those activities perpetrated by individuals within our company.
2.1.3 We will act in a fair and transparent manner by refusing to collude with other suppliers, contractors and/or third parties to secure any further contracts with PIBB, or influence the price of goods and services provided. We will also report to PIBB, through its whistleblowing channels, any such attempts made by others to involve Company X in acts of collusion against PIBB.
2.1.4 We will ensure that staff and other representatives of the company are aware of the provisions above as well as their responsibilities as representatives of our company.
2.1.5 We will provide full cooperation to PIBB to enforce the conditions stipulated above.