Common use of Ethical Investments Clause in Contracts

Ethical Investments. The Client shall not, directly or indirectly, through a subsidiary or otherwise, engage in: a. the sale, marketing or provision of gambling, gambling services or pornography; b. the production, sale or marketing of tobacco smoking products; or c. the manufacture, sale, distribution or promotion of goods or services that are not legal in the Province of Ontario. For greater certainty, the Client shall not be considered to be directly or indirectly engaged in the foregoing merely as a result of selling products to persons engaged in such activities, provided (i) that such products are not principally related to gambling, gambling services, pornography, tobacco smoking products or goods or services that are not legal in the Province of Ontario and (ii) the Client does not have a material interest in such persons.

Appears in 12 contracts

Samples: Collaboration Agreement, Funding Agreement, Funding Agreement

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Ethical Investments. The Client Participants shall not, directly or indirectly, through a subsidiary or otherwise, engage in: a. the sale, marketing or provision of gambling, gambling services or pornography; b. the production, sale or marketing of tobacco smoking products; or c. the manufacture, sale, distribution or promotion of goods or services that are not legal in the Province of Ontario. For greater certainty, the Client Participants shall not be considered to be directly or indirectly engaged in the foregoing merely as a result of selling products to persons engaged in such activities, provided (i) that such products are not principally related to gambling, gambling services, pornography, tobacco smoking products or goods or services that are not legal in the Province of Ontario and (ii) the Client does Participants not have a material interest in such persons.

Appears in 2 contracts

Samples: Funding Agreement, Oci Funding Agreement

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