Common use of Organizational Conflict of Interest Clause in Contracts

Organizational Conflict of Interest. Seller represents and warrants that its performance of this Contract does not constitute and will not create an Organizational Conflict of Interest (OCI) as defined in FAR Part 9.5 or under any other applicable OCI clause or regulation. If during performance, Xxxxxx becomes aware of any actual or potential organizational conflict of interest caused by its performance of this Contract, Seller shall promptly notify Buyer in writing of the nature of such actual or potential Organizational Conflict of Interest. Should the Buyer or Buyer’s customer determine that there is an unmitigable OCI, the Buyer may terminate this Contract pursuant to the Termination of Convenience. This clause is in addition to any DFAR required flow-down or special Prime Contract requirement.

Appears in 7 contracts

Samples: proxyinc.com, i3-corps.com, i3-corps.com

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