Common use of Management of Conflicts of Interest Clause in Contracts

Management of Conflicts of Interest. The Recipient warrants, to the best of its knowledge, as at the Commencement Date, that no Conflict of Interest exists or is likely to arise in the performance of the Recipient's obligations under this Agreement. If during the Agreement Period, a Conflict of Interest arises, or appears likely to arise, the Recipient must: immediately notify the Department in writing of the Conflict of Interest making a full disclosure of all relevant information relating to the Conflict of Interest and setting out the steps the Recipient proposes to take to resolve or otherwise deal with the Conflict of Interest; and take such steps as the Department may reasonably require to resolve or otherwise deal with that Conflict of Interest.

Appears in 5 contracts

Samples: Funding Agreement, Grant Funding Agreement, Grant Funding Agreement

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Management of Conflicts of Interest. The Recipient warrants, to the best of its knowledge, as at the Commencement Date, that no Conflict of Interest exists or is likely to arise in the performance of the Recipient's obligations under this Agreement. If during the Agreement Period, a Conflict of Interest arises, or appears likely to arise, the Recipient must: must immediately notify the Department in writing of the Conflict of Interest making a full disclosure of all relevant information relating to the Conflict of Interest and setting out the steps the Recipient proposes to take to resolve or otherwise deal with the Conflict of Interest; , and take such steps as the Department may reasonably require to resolve or otherwise deal with that Conflict of Interest.

Appears in 2 contracts

Samples: Standard Terms and Conditions, Standard Terms and Conditions

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