Common use of Disclosures; Lack of Business Integrity Clause in Contracts

Disclosures; Lack of Business Integrity. Funding Recipient represents and warrants that it has duly executed and filed all disclosures as applicable, in accordance with the New York City Administrative Code Section 6-116.2, applicable City rules, and the policies and procedures of the Mayor’s Office of Contract Services. Funding Recipient acknowledges that the City’s reliance on the completeness and veracity of the information stated therein is a material condition to the execution of this Agreement, and Funding Recipient represents and warrants that the information it and its principals have provided is accurate and complete. If at any time a City review or other investigation discloses any information about Funding Recipient and/or any vendor that indicates a lack of business integrity, the City, may, in its sole and absolute discretion: (a) in the case of Funding Recipient, terminate this Agreement and/or require that any Funding previously disbursed to Funding Recipient be promptly repaid to the City, (b) in the case of any such vendor, disqualify such vendor from receiving any funding and/or require that any Funding previously disbursed to Funding Recipient as reimbursement for payments made to such vendor be promptly repaid to the City, and (c) take any other actions available to the City under applicable law or this Agreement.

Appears in 6 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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