Common use of TAX EVASION AND FACILITATION OF TAX EVASION Clause in Contracts

TAX EVASION AND FACILITATION OF TAX EVASION. 16.1 Both GBG and the Client agree not to engage in Tax Evasion of any kind in any territory nor in the Facilitation of Tax Evasion of any kind in any territory. 16.2 Both GBG and the Client shall take such steps as may be required to ensure that they are not liable under Part 3 of the Criminal Finances Xxx 0000 (Corporate Offence of Failure to Prevent Facilitation of Tax Evasion). Where relevant the Client shall take such steps to comply with any equivalent legislation relating to where the Client is situated. In particular, both parties shall implement reasonable prevention procedures to prevent the Facilitation of Tax Evasion by Persons Associated with the relevant party whilst acting in that capacity. 16.3 Each party shall immediately notify the other as soon as it becomes aware of a breach of any of the requirements in this clause. 16.4 Any breach of this clause shall be deemed a material breach of this Agreement that is not remediable.

Appears in 2 contracts

Samples: Data Services Agreement, Data Services Agreement

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TAX EVASION AND FACILITATION OF TAX EVASION. 16.1 24.1 Both GBG and the Client Supplier agree not to engage in Tax Evasion of any kind in any territory nor in the Facilitation of Tax Evasion of any kind in any territory. 16.2 24.2 Both GBG and the Client Supplier shall take such steps as may be required to ensure that they are not liable under Part 3 of the Criminal Finances Xxx 0000 (Corporate Offence of Failure to Prevent Facilitation of Tax Evasion). Where relevant the Client Supplier shall take such steps to comply with any equivalent legislation relating to where the Client Supplier is situated. In particular, both parties Parties shall implement reasonable prevention procedures to prevent the Facilitation of Tax Evasion by Persons Associated with the relevant party Party whilst acting in that capacity. 16.3 24.3 Each party Party shall immediately notify the other as soon as it becomes aware of a breach of any of the requirements in this clause. 16.4 24.4 Any breach of this clause 24 shall be deemed a material breach of this Agreement that is not remediable.

Appears in 1 contract

Samples: Supplier Agreement

TAX EVASION AND FACILITATION OF TAX EVASION. 16.1 15.1. Both GBG and the Client Customer agree not to engage in Tax Evasion of any kind in any territory nor in the Facilitation of Tax Evasion of any kind in any territory. 16.2 15.2. Both GBG and the Client Customer shall take such steps as may be required to ensure that they are not liable under Part 3 of the Criminal Finances Xxx 0000 (Corporate Offence of Failure to Prevent Facilitation of Tax Evasion). Where relevant the Client Customer shall take such steps to comply with any equivalent legislation relating to where the Client Customer is situated. In particular, both parties Parties shall implement reasonable prevention procedures to prevent the Facilitation of Tax Evasion by Persons Associated with the relevant party Party whilst acting in that capacity. 16.3 15.3. Each party Party shall immediately notify the other as soon as it becomes aware of a breach of any of the requirements in this clause. 16.4 15.4. Any breach of this clause shall be deemed a material breach of this the Agreement that is not remediable.

Appears in 1 contract

Samples: General Terms and Conditions

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TAX EVASION AND FACILITATION OF TAX EVASION. 16.1 Both GBG and the Client agree not to engage in Tax Evasion of any kind in any territory nor in the Facilitation of Tax Evasion of any kind in any territory. 16.2 Both GBG and the Client shall take such steps as may be required to ensure that they are not liable under Part 3 of the Criminal Finances Xxx 0000 (Corporate Offence of Failure to Prevent Facilitation of Tax Evasion). Where relevant the Client shall take such steps to comply with any equivalent legislation relating to where the Client is situated. In particular, both parties Parties shall implement reasonable prevention procedures to prevent the Facilitation of Tax Evasion by Persons Associated with the relevant party Party whilst acting in that capacity. 16.3 Each party Party shall immediately notify the other as soon as it becomes aware of a breach of any of the requirements in this clause. 16.4 Any breach of this clause shall be deemed a material breach of this Agreement that is not remediable.

Appears in 1 contract

Samples: Data Services Agreement

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