Common use of Financial Interest Representation Clause in Contracts

Financial Interest Representation. CONTRACTOR warrants and represents that no elected official, officer, agent or employee of CITY has a financial interest, directly or indirectly, in this Agreement or the compensation to be paid under it and, further, that no CITY employee who acts as a “purchasing agent” as defined in the appropriate Section of California Statutes, nor any elected or appointed officer of CITY, nor any spouse or child of such purchasing agent, employee or elected or appointed officer, is a partner, officer, director or proprietor of CONTRACTOR and, further, that no such CITY employee, purchasing agent, CITY elected or appointed officer, or the spouse or child of any of them, alone or in combination, has a material interest in CONTRACTOR. Material interest means direct or indirect ownership of more than five percent (5%) of the total assets or capital stock of CONTRACTOR.

Financial Interest Representation. 2 CONTRACTOR warrants and represents that no elected official, officer, agent or 3 employee of CITY has a financial interest, directly or indirectly, in this Agreement or the 4 compensation to be paid under it and, further, that no CITY employee who acts as a 5 “purchasing agent” as defined in the appropriate Section of California Statutes, nor any 6 elected or appointed officer of CITY, nor any spouse or child of such purchasing agent, 7 employee or elected or appointed officer, is a partner, officer, director or proprietor of 8 CONTRACTOR and, further, that no such CITY employee, purchasing agent, CITY elected 9 or appointed officer, or the spouse or child of any of them, alone or in combination, has a 10 material interest in CONTRACTOR. Material interest means direct or indirect ownership of 11 more than five percent (5%) of the total assets or capital stock of CONTRACTOR.

Financial Interest Representation. 4 CONTRACTOR warrants and represents that no elected official, officer, agent or 5 employee of CITY has a financial interest, directly or indirectly, in this Agreement or the 6 compensation to be paid under it and, further, that no CITY employee who acts as a 7 “purchasing agent” as defined in the appropriate Section of California Statutes, nor any 8 elected or appointed officer of CITY, nor any spouse or child of such purchasing agent, 9 employee or elected or appointed officer, is a partner, officer, director or proprietor of 10 CONTRACTOR and, further, that no such CITY employee, purchasing agent, CITY 11 elected or appointed officer, or the spouse or child of any of them, alone or in 12 combination, has a material interest in CONTRACTOR. Material interest means direct 13 or indirect ownership of more than five percent (5%) of the total assets or capital stock 14 of CONTRACTOR.

Financial Interest Representation. 2 CONTRACTOR warrants and represents that no elected official, officer, agent or 3 employee of CITY has a financial interest, directly or indirectly, in this Agreement or in 4 the compensation to be paid under it and, further, that no CITY employee who acts as a 5 “purchasing agent” as defined in the appropriate Section of California Statutes, nor any 6 elected or appointed officer of CITY, nor any spouse or child of such purchasing agent, 7 employee or elected or appointed officer, is a partner, officer, director or proprietor of 8 CONTRACTOR and, further, that no such CITY employee, purchasing agent, CITY 9 elected or appointed officer, or the spouse or child of any of them, alone or in 10 combination, has a material interest in CONTRACTOR. Material interest means direct 11 or indirect ownership of more than five percent (5%) of the total assets or capital stock 12 of CONTRACTOR.

Financial Interest Representation. CONTRACTOR warrants and 31 represents that no elected official, officer, agent or employee of CITY has a financial 32 interest, directly or indirectly, in this Agreement or in the compensation to be paid 33 under it and, further, that no CITY employee who acts as a “purchasing agent” as 34 defined in the appropriate Section of California Statutes, nor any elected or appointed 35 officer of CITY, nor any spouse or child of such purchasing agent, employee or elected 36 or appointed officer, is a partner, officer, director or proprietor of CONTRACTOR and, 37 further, that no such CITY employee, purchasing agent, CITY elected or appointed 38 officer, or the spouse or child of any of them, alone or in combination, has a material 1 interest in CONTRACTOR. Material interest means direct or indirect ownership of 2 more than five percent (5%) of the total assets or capital stock of CONTRACTOR.