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 COR3/P3 Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the COR3/P3 Authority's. This duty includes the continued obligation to disclose to the COR3/P3 Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the COR3/P3 Authority, and any interest which could influence the COR3/P3 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 COR3/P3 Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the COR3/P3 Authority's. This duty includes the continued obligation to disclose to the COR3/P3 Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the COR3/P3 Authority, and any interest which could influence the COR3/P3 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 ofethics applicable to its profession or industry, or in Puerto Rico's laws and regulations. The conduct herein described by one of its ofits 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 ofethics of its profession and assume assurhe 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 COR3/P3 Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the COR3/P3 Authority's. This duty includes the continued obligation to disclose to the COR3/P3 Authority, when permitted under the applicable rules of professional ofprofessional conduct, all circumstances of its ofits relationships with clients and third persons adverse to the COR3/P3 Authority, and any interest which could influence the COR3/P3 Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of one behalfofone 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 ofethics ápplicable to its profession or industry, or in Puerto Rico's laws and regulations. The tfhe conduct herein described by one of its ofits directors, partners or employees shall constitute a violation viólation of this prohibition. The Consultant shall avoid even the appearance of the ofthe existence of conflicting ofconflicting interests.

Appears in 1 contract

Samples: consultacontratos.ocpr.gov.pr

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 COR3/P3 Authority, including having no adverse interest to this government entity. Adverse interest includes representing clients who have interests contrary to the COR3/P3 Authority's. This duty includes the continued obligation to disclose to the COR3/P3 Authority, when permitted under the applicable rules of professional conduct, all circumstances of its relationships with clients and third persons adverse to the COR3/P3 Authority, and any interest which could influence the COR3/P3 Authority when executing the Agreement or while it is in effect. The Consultant represents conflicting interests when, on behalf of behalfof 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 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 IV-'_ 1 J\!)._\ towards the COR3/P3 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 COR3/P3 Authority's. This duty includes the continued obligation to disclose to the COR3/P3 Authority, when permitted pe1mitted under the applicable rules of professional ofprofessional conduct, all circumstances of its relationships with clients and third persons or any interests adverse to the COR3/P3 Authority, and any interest which could influence the COR3/P3 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 pa1iners or employees shall constitute a violation of this prohibition. The Consultant shall avoid even the appearance of the ofthe existence of conflicting conflict interests.

Appears in 1 contract

Samples: Professional Services Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.