Proper Practices Clause Samples
The "Proper Practices" clause defines the standards or methods that parties are expected to follow in performing their obligations under the agreement. Typically, this clause requires parties to adhere to industry norms, regulatory requirements, or generally accepted professional standards relevant to the subject matter of the contract. For example, a service provider may be required to use methods and procedures that are widely recognized as effective and safe within their industry. The core function of this clause is to ensure that all parties maintain a consistent and reliable level of quality and diligence, thereby reducing the risk of disputes over what constitutes acceptable performance.
Proper Practices. Each of the Parties agrees that it will comply in all material respects with the Corruption of Foreign Public Officials Act (Canada), the Bribery Act (United Kingdom) and any other applicable anti-corruption legislation in connection with its dealings relating to this Agreement and the Twangiza Project. Banro and the Seller shall comply with all Applicable Laws in all material respects, including without limitation, the World Gold Council Conflict-Free Gold Standard, with respect to all operations at the Twangiza Project.
Proper Practices. Each of the Parties agrees that it will comply in all material respects with (i) the Corruption of Foreign Public Officials Act (Canada), the Bribery Act (United Kingdom), the Foreign Corrupt Practices Act (United States), and all other anti-bribery, and anti-corruption Applicable Laws, whether within Canada or to the extent applicable to any Party, elsewhere, including any regulations, guidelines or orders thereunder and (ii) the Proceeds of Crime (Money
Proper Practices. (a) Each of the Parties agrees that it will comply in all material respects with (i) the Corruption of Foreign Public Officials Act (Canada), the Bribery Act (United Kingdom), the Foreign Corrupt Practices Act (United States) and all other anti- bribery, and anti-corruption Applicable Laws, whether within Canada or the United States of America, and, to the extent applicable to any Party, elsewhere, including any regulations, guidelines or orders thereunder (collectively, the “Anti-Bribery Laws”) and (ii) the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and all other anti-money laundering, anti- terrorist financing, government sanction and “know your client” Applicable Laws, whether within Canada or the United States of America, and, to the extent applicable to any Party, elsewhere, including any regulations, guidelines or orders thereunder (collectively, the “Money Laundering Laws”), in connection with its dealings relating to this Agreement and the Project.
(b) If they have not already done so, the Excelsior Entities shall adopt and implement within sixty (60) days of executing this Agreement reasonable policies and procedures designed to prevent them and others acting on their behalf from engaging in any activity, practice or conduct that would violate any of the Anti- Bribery Laws or Money Laundering Laws and ensures their compliance with the laws and regulations prohibiting or restricting their dealing with Restricted Persons. Such policies and procedures shall be consistent with the guidance that has been provided by Governmental Authorities in each of the countries in which the Excelsior Entities are doing or seek at any time in the future to do business.
Proper Practices. Each of the Parties agrees that it will comply with the Corruption of Foreign Public Officials Act (Canada) in connection with its dealings relating to this Agreement and the Prosperity Project. Taseko shall comply with all Applicable Laws, including without limitation, the World Gold Council Code with respect to all operations at the Prosperity Project.
Proper Practices. 30 6.11 Expropriation .........................................................................................................30 6.12
Proper Practices. Analytical results must be reported from actual analysis.
Proper Practices. Seller shall, and procure that each Seller Group Member shall, comply in all material respects with Anti-Bribery Laws to which it or any Seller Group Member is subject.