Common use of Financial Interest Representation Clause in Contracts

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. 2 CONTRACTOR warrants and 31 represents that no elected official, officer, agent or 3 employee of CITY has a financial 32 interest, directly or indirectly, in this Agreement or in the 4 compensation to be paid 33 under it and, further, that no CITY employee who acts as a 5 “purchasing agent” as 34 defined in the appropriate Section of California Statutes, nor any 6 elected or appointed 35 officer of CITY, nor any spouse or child of such purchasing agent, 7 employee or elected 36 or appointed officer, is a partner, officer, director or proprietor of 8 CONTRACTOR and, 37 further, that no such CITY employee, purchasing agent, CITY elected 9 or appointed 38 officer, or the spouse or child of any of them, alone or in combination, has a 10 material 1 interest in CONTRACTOR. Material interest means direct or indirect ownership of 11 2 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 in 4 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 9 elected 9 or appointed officer, or the spouse or child of any of them, alone or in 10 combination, has a 10 material interest in CONTRACTOR. Material interest means direct 11 or indirect ownership of 11 more than five percent (5%) of the total assets or capital stock 12 of CONTRACTOR.

Financial Interest Representation. 2 4 CONTRACTOR warrants and represents that no elected official, officer, agent or 3 5 employee of CITY has a financial interest, directly or indirectly, in this Agreement or the 4 6 compensation to be paid under it and, further, that no CITY employee who acts as a 5 7 “purchasing agent” as defined in the appropriate Section of California Statutes, nor any 6 8 elected or appointed officer of CITY, nor any spouse or child of such purchasing agent, 7 9 employee or elected or appointed officer, is a partner, officer, director or proprietor of 8 10 CONTRACTOR and, further, that no such CITY employee, purchasing agent, CITY 11 elected 9 or appointed officer, or the spouse or child of any of them, alone or in 12 combination, has a 10 material interest in CONTRACTOR. Material interest means direct 13 or indirect ownership of 11 more than five percent (5%) of the total assets or capital stock 14 of CONTRACTOR.