Common use of IDENTIFICATION OF CONFLICTS OF INTEREST Clause in Contracts

IDENTIFICATION OF CONFLICTS OF INTEREST. Manager shall immediately notify the City Representative when a perceived or actual financial or economic interest of any Manager Party relating to this Agreement is identified. City shall have no obligation to pay or reimburse Contractor for services provided under this Agreement if such services relate to any contract awarded or financial obligation entered in violation of any State or local conflict of interest law. If a perceived or actual financial or economic interest of any Manager Party exists and the City Representative has not been notified, or it is later determined that there has been a violation of any federal, State or local conflict of interest law, City shall have the right to stop or reduce Assessment disbursements in connection with the violation, in addition to all

IDENTIFICATION OF CONFLICTS OF INTEREST. Manager shall immediately notify the City Representative when a perceived or actual financial or economic interest of any Manager Party relating to this Agreement is identified. City shall have no obligation to pay or reimburse Contractor for services provided under this Agreement if such services relate to any contract awarded or financial obligation entered in violation of any State or local conflict of interest law. If a perceived or actual financial or economic interest of any Manager Party exists and the City Representative has not been notified, or it is later determined that there has been a violation of any federal, State or local conflict of interest law, City shall have the right to stop or reduce Assessment disbursements in connection with the violation, in addition to allall other rights and remedies available under this Agreement and federal, State and local conflict of interest laws.