Common use of Understanding of the Parties Clause in Contracts

Understanding of the Parties. (a) The Parties to this License understand that: (i) The offering, solicitation or acceptance of an offer, promise or gift of any pecuniary or other nature, including facilitation payments, whether directly or through intermediaries, to any private party or Official Employees, in order to act or refrain from acting in relation to the performance of official duties to achieve any favour or to otherwise obtain any business advantage; and (ii) Any acts complicit in any act described in this Section, including incitement, aiding and abetting, conspiracy to commit or authorization of such acts, are acts inconsistent with the Applicable Law, the Anticorruption Laws and this License are acts subject to appropriate Criminal Code and other enforcement and sanctions.

Appears in 3 contracts

Samples: Mining Exploration License, Mining Exploration License, Mining Exploration License

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Understanding of the Parties. (a) The Parties to this License understand that: (ia) The offering, solicitation or acceptance of an offer, promise or gift of any pecuniary or other nature, including facilitation payments, whether directly or through intermediaries, to any private party or Official Employees, in order to act or refrain from acting in relation to the performance of official duties to achieve any favour or to otherwise obtain any business advantage; and (iib) Any acts complicit in any act described in this Section, including incitement, aiding and abetting, conspiracy to commit or authorization of such acts, are acts inconsistent with the Applicable Law, the Anticorruption Laws and this License are acts subject to appropriate Criminal Code and other enforcement and sanctions.

Appears in 1 contract

Samples: Exploration License

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Understanding of the Parties. (a) The Parties to this License Agreement understand that: (i) The offering, solicitation or acceptance of an offer, promise or gift of any pecuniary or other nature, including facilitation payments, whether directly or through intermediaries, to any private party or Official EmployeesState Official, in order to that the private party or a third party act or refrain from acting in relation to the performance of official duties to achieve any favour or to otherwise obtain any business advantage; and (ii) Any acts complicit in any act described in this Section, including incitement, aiding and abetting, conspiracy to commit or authorization of such acts, are acts inconsistent with the Applicable Law, the Anticorruption Laws and this License Agreement are acts subject to appropriate Criminal Code criminal and other enforcement and sanctions.

Appears in 1 contract

Samples: Model Mine Development Agreement

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