Common use of INTEREST OF THE FIRM Clause in Contracts

INTEREST OF THE FIRM. The FIRM covenants that it presently has no interest and shall not acquire any interest, direct or indirect, in any project to which this Agreement pertains or any other interest which would conflict in any manner or degree with its performance of any contracted service hereunder. The FIRM further covenants that in the performance of this Agreement no person having such interest shall be employed. The FIRM warrants that he or she has not employed or retained any company or person, other than a bona fide employee working solely for the FIRM to solicit or secure this Agreement and that he or she has not paid or agreed to pay any person, company, corporation, individual, or firm, other than a bona fide employee working solely for the FIRM any fee, commission, percentage, gift, or other consideration contingent upon or resulting from the award or making of this Agreement. The FIRM shall disclose any clients that may either conflict with or affect its independent judgment when performing any work for the City of Tampa covered by this Agreement. Failure of the FIRM to disclose the above professional conflict of interest may result in termination of this Agreement and may require the return of all payments, if any, made to the FIRM from the CITY. If, in its sole discretion, the City of Tampa determines that a professional conflict of interest is deemed to exist, the FIRM shall be in default of this Agreement.

INTEREST OF THE FIRM. The FIRM Firm covenants that it presently has no interest and shall not acquire any interest, direct or indirect, in any project to which this Agreement pertains or any other interest which would conflict in any manner or degree with its performance of any contracted service hereunder. The FIRM Firm further covenants that in the performance of this Agreement no person having such interest shall be employed. The FIRM Firm warrants that he or she has not employed or retained any company or person, other than a bona fide employee working solely for the FIRM Firm to solicit or secure this Agreement and that he or she has not paid or agreed to pay any person, company, corporation, individual, or firmFirm, other than a bona fide employee working solely for the FIRM Firm any fee, commission, percentage, gift, or other consideration contingent upon or resulting from the award or making of this Agreement. The FIRM Firm shall disclose any clients that may either conflict with or affect its independent judgment when performing any work for the City of Tampa covered by this Agreement. Failure of the FIRM Firm to disclose the above professional conflict of interest may result in termination of this Agreement and may require the return of all payments, if any, made to the FIRM Firm from the CITYCity. If, in its sole discretion, the City of Tampa determines that a professional conflict of interest is deemed to exist, the FIRM Firm shall be in default of this Agreement.