Common use of Prohibited Interest Clause in Contracts

Prohibited Interest. ‌ The following provision is made a part of this Contract and will be inserted in each of the Design-Builder’s subcontracts: “No member, officer, or employee of the Hillsborough County Aviation Authority during their tenure or for two years thereafter will have any interest, direct or indirect, in this Contract or the proceeds thereof.”

Prohibited Interest. ‌ The following provision is made a part of this Contract and will be inserted in each of the Design-Design- Builder’s subcontracts: “No member, officer, or employee of the Hillsborough County Aviation Authority during their tenure or for two years thereafter will have any interest, direct or indirect, in this Contract or the proceeds thereof.”

Prohibited Interest. ‌ The following provision is made a part of this Contract and will be inserted in each of the Design-BuilderContractor’s subcontracts: “No member, officer, or employee of the Hillsborough County Aviation Authority during their tenure or for two years thereafter will have any interest, direct or indirect, in this Contract or the proceeds thereof.”