No Advantages Clause Samples
The "No Advantages" clause prohibits either party from receiving special benefits, privileges, or preferential treatment not expressly outlined in the agreement. In practice, this means that neither side can claim or accept undisclosed incentives, rebates, or side agreements that would give them an unfair edge over the other party. This clause ensures a level playing field and prevents hidden arrangements, thereby promoting transparency and fairness in the contractual relationship.
No Advantages. No advantage that is conditional in any way on the existence of the Plan may be extended to you or to a person with whom you do not deal at arm’s length, other than the benefits and advantages permitted by the Act.
No Advantages. No advantage that is conditional in any way on the existence of the Fund may be extended to you or to a person with whom you do not deal at arm’s length, other than the benefits and advantages permitted by the Act.
No Advantages. No advantage that is conditional on the existence of the Tax-Free Savings Account may be extended to accountholder or to any person with whom account holder do not deal at arm's length other than those advantages or benefits which may be permitted under subsection 207.01(1) of the Income Tax Act (Canada) under the definition of "advantage" within that Act.
No Advantages. Proposer shall not at any time directly or indirectly use any or all of the Confidential Information to Proposer’s own advantage or to the advantage of any other person or entity other than the Town, and shall not directly or indirectly attempt to so.