Common use of No Debarment Clause in Contracts

No Debarment. Neither State Street (nor any of State Street Personnel to State Street’s knowledge): (i) has been debarred by a governmental authority; (ii) has currently or has had in the past, a debarment proceeding initiated against them by a governmental authority; or (iii) will use, in any capacity, in connection with the activities to be performed under the Service Modules, any person or entity who, to State Street’s knowledge has been debarred or against whom a debarment proceeding has been initiated by any governmental authority. If State Street learns that a person or entity performing on its behalf under any Service Module has been debarred by any governmental authority, or has become the subject of debarment proceedings by any governmental authority, State Street will promptly so notify the applicable BTC Recipients and will prohibit such person or entity from performing on State Street’s behalf under the Service Modules, unless otherwise consented to in writing by such BTC Recipients.

No Debarment. Neither State Street (nor any of State Street Personnel to State Street’s knowledge):): Information Classification: Confidential Master Services Agreement -42- BFA-State Street Confidential (i) has been debarred by a governmental authority; (ii) has currently or has had in the past, a debarment proceeding initiated against them by a governmental authority; or (iii) will use, in any capacity, in connection with the activities to be performed under the Service Modules, any person or entity who, to State Street’s knowledge has been debarred or against whom a debarment proceeding has been initiated by any governmental authority. If State Street learns that a person or entity performing on its behalf under any Service Module has been debarred by any governmental authority, or has become the subject of debarment proceedings by any governmental authority, State Street will promptly so notify the applicable BTC BFA Recipients and will prohibit such person or entity from performing on State Street’s behalf under the Service Modules, unless otherwise consented to in writing by such BTC BFA Recipients.

No Debarment. Neither State Street (nor any of State Street Personnel to State Street’s 's knowledge): (i) has been debarred by a governmental authority; (ii) has currently or has had in the past, a debarment proceeding initiated against them by a governmental authority; or (iii) will use, in any capacity, in connection with the activities to be performed under the Service Modules, any person or entity who, to State Street’s 's knowledge has been debarred or against whom a debarment proceeding has been initiated by any governmental authority. If State Street learns that a person or entity performing on its behalf under any Service Module has been debarred by any governmental authority, or has become the subject of debarment proceedings by any governmental authority, State Street will promptly so notify the applicable BTC BGI Recipients and will prohibit such person or entity from performing on State Street’s 's behalf under the Service Modules, unless otherwise consented to in writing by such BTC BGI Recipients.

No Debarment. Neither State Street (nor any of State Street Personnel to State Street’s 's knowledge): (i) has been debarred by a governmental authority; (ii) has currently or has had in the past, a debarment proceeding initiated against them by a governmental authority; or (iii) will use, in any capacity, in connection with the activities to be performed under the Service Modules, any person or entity who, to State Street’s 's knowledge has been debarred or against whom a debarment proceeding has been initiated by any governmental authority. If State Street learns that a person or entity performing on its behalf under any Service Module has been debarred by any governmental authority, or has become the subject of debarment proceedings by any governmental authority, State Street will promptly so notify the applicable BTC Recipients and will prohibit such person or entity from performing on State Street’s 's behalf under the Service Modules, unless otherwise consented to in writing by such BTC Recipients.