Common use of Legal and Ethical Compliance Clause in Contracts

Legal and Ethical Compliance. Supplier declares that to the best of the Supplier’s knowledge: i. All diamonds and metals submitted for Sale have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations resolutions and the Xxxxxxxxx Process and have been sourced in compliance with all local laws to which Supplier is subject. ii. Based on personal knowledge and/or written guarantees from its suppliers, to the best of the Supplier’s knowledge, no diamonds or metals offered for Sale are connected in any way with any human rights violations (i.e. the mining or other means of production and refinement of the diamonds or metals did not involve murder, rape, physical violence or forced servitude). iii. No diamonds or metals offered for Sale are traded in violation of U.S sanctions or sourced from Marange, Zimbabwe or from other sources or locations banned or prohibited by Rapaport as informed to Supplier from time to time.

Appears in 5 contracts

Samples: Rapaport Trading Agreement, Supplier Agreement, Supplier Agreement

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