Commercial Bribery definition

Commercial Bribery under section 205(c)(1) means:

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Commercial Bribery means Bribery other than of a Public Official. This includes the Bribery of an employee or agent of a person in order to:

Commercial Bribery means SF or its employees directly or indirectly offer spiritual and material presents, such as kickbacks, tangible articles, entertainment, etc., to Vipshop employees with the view to seek business cooperation opportunities with Vipshop and the relevant benefits.

Examples of Commercial Bribery in a sentence

• Seller has not, nor to the best of its knowledge after reasonable inquiry has any Affiliate of Seller or any of their respective employees, representatives or agents has engaged in any conduct which would constitute a violation of PRC law prohibiting bribery, including, without limitation, any conduct or activity which would constitute a violation of Articles 163, 164 or 389 of the PRC Criminal Code, Article 8 of the Law Against Unfair Competition or the Interim Rules on Prohibition of Commercial Bribery.

• Komerčné úplatkárstvo Commercial Bribery K podplácaniu a korupcii môže dôjsť aj v neúradných vzťahoch, vzájomne medzi spoločnosťami.

• No part of the proceeds from the sale of the Shares will be used, directly or indirectly, in violation of the Foreign Corrupt Practices Act of 1977, the U.K. ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, the PRC Law on Anti-Unfair Competition promulgated on September 2, 1993, the Interim Rules on Prevention of Commercial Bribery promulgated on November 15, 1996, or any PRC Law in relation thereto, each as may be amended, or similar law of any other relevant jurisdiction, or the rules or regulations thereunder.

• In the course of cooperation, the Parties shall abide by the laws and regulations of the State, and develop all the commercial transaction activities in accordance with the Anti-Unfair Competition Law of the PRC, the Bidding Law of the PRC, and the Interim Provisions on Banning Commercial Bribery, and other related laws and regulations.

• The term Commercial Bribery used in this Agreement refers to all direct or indirect improper interests in material, service or spiritual forms given by Party B or its personnel to Party A's employees in order to obtain the opportunity of cooperation with Party A and cooperation benefits.

• The term Commercial Bribery used in this Agreement refers to all direct or indirect improper interests in material, service or spiritual forms given by Party B or its personnel to employees of Party A (including Party A and Party A's Affiliates, the same below) in order to obtain the opportunity of cooperation with Party A and cooperation benefits.

• During cooperation, both parties shall observe state laws and regulations on their own initiative and do businesses in accordance with the Law of the Peoples Republic of China against Unfair Competition, Law of the People’s Republic of China on Tenders and Bids, Interim Rules on Prohibition of Commercial Bribery.

• A party must not at any time engage in Bribery in any country, including without limitation Bribery of Public Officials or Commercial Bribery.

• For the purpose of this article, Commercial Bribery means any material and spiritual, direct or indirect, Improper Advantages given to employees of Party A by Party B or its employees so that Party B obtains cooperation and benefits of cooperation with Party A.

• Commercial Bribery The Company prohibits the payment or transfer of Company funds or assets to suppliers or customers in the form of bribes, kickbacks or other payoffs and prohibits Company employees and agents from participating in such schemes or from receiving such bribes, kickbacks or other payoffs.

More Definitions of Commercial Bribery

Commercial Bribery means any material and spiritual, direct or indirect, Improper Advantages given to employees of Party A by Party B or its employees so that Party B obtains cooperation and benefits of cooperation with Party A.

Commercial Bribery means the making or receiving of a corrupt payment to or from someone, including a private person, in the business context to secure an improper advantage. For example, a “kickback” – paying a Bribe to a decisionmaker at a client to ensure that you win a contract – would be considered Commercial Bribery.

Commercial Bribery. “means offering, paying, promising or giving, directly or indirectly, anything of value to the agent, representative, intermediary or employee of any company, including Sucampo, without the knowledge and consent of that company, with the intent to improperly influence the recipient’s action in relation to that company’s affairs or business for the benefit of Sucampo or ▇▇▇▇▇▇.

Commercial Bribery under §205(c)(1) means:

Commercial Bribery means unlawful transfer of money, securities, other property to a person performing managerial functions in a commercial or another organization, provision of property services to such person in the interests of the giver, granting of other property rights for the performance of acts (omissions) in connection with the official position held by such person;