Common use of IMPROPRIETY Clause in Contracts

IMPROPRIETY. A. In addition to the duties and prohibitions applying the law, including the Penal Law 5737-1977, the participant (Offeror, contractor, supplier, consultant, service provider, etc.) and any person on it's behalf (hereinafter: "the Participant"), hereby undertakes and declares as follows: (i) that it shall neither directly nor indirectly offer and/or give and/or receive any benefit and/or funds and/or anything of value in order to influence, directly and/or indirectly, the decision and/or action and/or inaction of IEC or of an officer of IEC and/or an employee of IEC and/or any person on the behalf thereof and/or any other persons, in connection with the Procurement Procedure and/or any contract/order placed consequent thereto; (ii) that it shall neither directly nor indirectly solicit and/or co-operate with any officer of IEC and/or employee of IEC and/or any person on the behalf thereof and/or any other persons in order to obtain restricted/confidential information in connection with the Procurement Procedure and/or any contract/order placed consequent thereto; (iii) that it shall neither directly nor indirectly solicit and/or co-operate with any officer of IEC and/or employee of IEC and/or any person on the behalf thereof and/or any other factor in order to establish prices in an artificial and/or non-competitive manner; (iv) subject to clause C below, that it is not a Family Member and does not employ or intend to employ for purposes of this contract/order, any "Family Member" (as such term is defined in the Government Corporations Regulations [Rules Pertaining to the Employment of Family Members], 5765-2005) insofar as such employment may be construed as constituting a conflict of interests between the Participant and any officers or employees of IEC; (v) that it has not acted contrary to the provisions of paragraphs (i)-(iv) above within Procurement Procedures of IEC and/or any contract/order placed consequent thereto. (vi) That the Contractor has not either directly or indirectly engaged in money laundering activities during the course of the Contract/Order or prior thereto; (vii) that throughout the period of any transaction with the Purchaser: • the Participant is not incorporated and/or located in any of the countries designated as enemy countries and is not otherwise designated as an enemy under the Trading with the Enemy Ordinance - 1939. • the Participant is not directly, or to the best of the Contractor's knowledge, indirectly, subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury ("OFAC") or directly, or to the best of Contractor's knowledge, indirectly, subject to any sanctions administered by any corresponding authority in any EU member state (the "Other Authorities"). • The Participant • is not an "unlawful association" as specified in the Defense (Emergency) Regulations 1945; • has not been classified by Israeli Governmental authorities as a "terrorist" as specified in the Prevention of Terrorism Ordinance 5708-1948; and • has not acted in contravention of the provisions of the Prohibition of Financing Terrorism Law 5765-2007 and is not a designated terrorist organization thereunder. (viii) For purposes of this provision:

Appears in 3 contracts

Samples: Frame Agreement, Frame Agreement, Four Year Frame Agreement for Supply of Circuit Breakers and Current Transformers

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IMPROPRIETY. A. In addition to the duties and prohibitions applying the law, including the Penal Law 5737-1977, the participant (Offeror, contractor, supplier, consultant, service provider, etc.) and any person on it's behalf (hereinafter: "the Participant"), hereby undertakes and declares as follows: (i) that it shall neither directly nor indirectly offer and/or give and/or receive any benefit anybenefit and/or funds and/or anything of value in order to improperly influence, directly and/or indirectly, the decision and/or action and/or inaction of IEC Purchaser or of an officer of IEC Purchaser and/or an employee of IEC Purchaser and/or any person on the behalf thereof of Purchaser and/or any other persons, in connection with the Procurement Procedure and/or any contractContract/order placed consequent theretoOrder; (ii) that it shall neither directly nor indirectly solicit and/or co-operate with any officer of IEC Purchaser and/or employee of IEC Purchaser and/or any person on the behalf thereof of Purchaser and/or any other persons in order to obtain restricted/confidential information in connection with the Procurement Procedure and/or any contract/order placed consequent thereto; (iii) that it shall neither directly nor indirectly solicit and/or co-operate with any officer of IEC Purchaser and/or employee of IEC Purchaser and/or any person on the behalf thereof and/or any other factor person/company/body in order to establish prices in an artificial and/or non-competitive mannermanner or that they have not acted contrary to the provisions of restraint of trade as detailed in the Anti-Trust Law 5748 - 1988; (iv) subject to clause C below, that it is not a Family Member and does not employ or intend to employ for purposes of this contractContract/orderOrder, any "Family Member" (as such term is defined in the Government Corporations Regulations [Rules Pertaining to the Employment of Family Members], 5765-2005) insofar as such employment may be construed as constituting a conflict of interests between the Participant and any officers or employees of IECPurchaser; (v) that it has not acted contrary to the provisions of paragraphs (i)-(iv) above within Procurement Procedures of IEC Purchaser and/or any contractContract/order Order placed consequent thereto. (vi) That that the Contractor has not either directly or indirectly engaged in money laundering activities during the course of the Contract/Order or prior thereto; (vii) that throughout the period of any transaction with the Purchaser: · the Participant is not incorporated and/or located in any of the countries designated as #enemy countries countries# and is not otherwise designated as an enemy #enemy# under the Trading with the Enemy Ordinance - # 1939. · the Participant is not directly, or to the best of the Contractor's knowledge, indirectly, subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury ("OFAC") or directly, or to the best of Contractor's knowledge, indirectly, subject to any sanctions administered by any corresponding authority in any EU member state (the "Other Authorities"). · The Participant o is not an "unlawful association" as specified in the Defense (Emergency) Regulations 1945; o has not been classified by Israeli Governmental authorities as a "terrorist" as specified in the Prevention of Terrorism Ordinance 5708-1948; and o has not acted in contravention of the provisions of the Prohibition of Financing Terrorism Law 5765-2007 and is not a designated terrorist organization thereunder. (viii) For purposes of this provision:

Appears in 1 contract

Samples: Two Year Frame Agreement for Supply of Direct Connected Single Phase Meter

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