Common use of Propriety Clause in Contracts

Propriety. 5.1 None of its members, employees, agents or consultants or of those of any of its partner organisation has any personal, proprietary or pecuniary interest in: 5.1.1 any person from whom it is purchasing land or property for the purposes of or in connection with this Agreement; 5.1.2 any contractor engaged or to be engaged by it in connection with this Agreement; 5.1.3 any land or other property to be acquired or developed refurbished or improved by the Relevant Consortium Member for the purposes of or in connection with this Agreement. 5.2 None of its members, employees, agents or consultants or of those of any of its partner organisation is, has or will be entitled to any preferential treatment by virtue of their position or associations whether in terms of: 5.2.1 access to properties developed, Rehabilitated or, disposed of pursuant to this Agreement; or 5.2.2 the prices at which such properties are let or disposed of.