Common use of Pecuniary Interest Clause in Contracts

Pecuniary Interest. ‌ The Consultant declares that the Consultant has no pecuniary interest in the business of any third party that would affect the objectivity of the Consultant in carrying out the Services. Should the Consultant acquire such an interest during the term of this Agreement, the Consultant shall declare it immediately to the GNWT Failure of the Consultant to declare such an interest may result in the GNWT terminating this Agreement without notice or penalty.

Pecuniary Interest. ‌ The Consultant declares that the Consultant has no pecuniary interest in the business of any third party that would affect the objectivity of the Consultant in carrying out the Services. Should the Consultant acquire such an interest during the term of this Agreement, the Consultant shall declare it immediately to the GNWT G.N.W.T. Failure of the Consultant to declare such an interest may result in the GNWT G.N.W.T. terminating this Agreement without notice or penalty.