Common use of Professional Ethics Rules Clause in Contracts

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the Authority’s. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the Authority, and any interest which could influence the Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one client it must support that which it is its duty to oppose to comply with its obligations with another previous, present or potential client. Also, it represents conflicting interests when its conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Rico’s laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting interests.

Appears in 2 contracts

Samples: Professional Services Agreement, Professional Services Agreement

AutoNDA by SimpleDocs

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have relative to interests that are contrary to the Authority’s. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons or any interests adverse to the Authority, and any interest which could influence the Authority Consultant when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one client it must support that which it is its duty duly to oppose to o comply with its obligations with another previous, present or potential client. Also, it represents conflicting interests when its conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Rico’s laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting conflict interests.

Appears in 1 contract

Samples: Professional Services Agreement

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to lo this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the Authority’s's. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to lo the Authority, and any interest which could influence the Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one client it must support that which it is its duty to oppose to lo comply with its obligations with another previous, present or potential client. Also, it represents conflicting conilicting interests when its conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Rico’s 's laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting interests.

Appears in 1 contract

Samples: Professional Services Agreement

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the Authority’s's. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the Authority, and any interest which could influence the Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, ; on behalf of one client it must support that which it is its duty to oppose to comply with its obligations with another previous, present or potential client. Also, it represents conflicting interests when its iL conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Rico’s 's laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting interests.

Appears in 1 contract

Samples: Professional Services Agreement

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the Authority’s's. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the Authority, and any interest which could influence the Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one client it must support that which it is its duty to oppose to comply with its obligations with another previous, present or potential client. Also, it represents conflicting interests when its conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Rico’s 's laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting interests.

Appears in 1 contract

Samples: Professional Services Agreement

AutoNDA by SimpleDocs

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have relative to interests that are contrary to the Authority’s's. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons or any interests adverse to the Authority, and any interest which could influence the Authority Cons�ltant when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one client it must support that which it is its duty duly to oppose to o comply with its obligations with another previous, present or potential client. Also, it represents conflicting interests when its conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Rico’s 's laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting conflict interests.

Appears in 1 contract

Samples: Professional Services Agreement

Professional Ethics Rules. The Consultant acknowledges and accepts that, to the extent applicable, it is knowledgeable regarding the rules of ethics of its profession and assume responsibility for its own actions. The Consultant also acknowledges that in executing its professional services pursuant to this Agreement it has the obligation to exhibit complete loyalty towards the Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the Authority’s's. This duty includes the continued obligation to disclose to the Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the Authority, and any interest which could influence the Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one client it must support that which it is its duty to oppose to comply with its obligations with another previous, present or potential client. Also, it represents conflicting interests when its conduct is described as such in the standards of ethics applicable to its profession or industry, or in Puerto Pue1io Rico’s 's laws and regulations. The conduct herein described by one of its directors, partners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the existence of conflicting interests.

Appears in 1 contract

Samples: Professional Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!