Conflicted Party definition

Conflicted Party means a contractor for whom an actual organizational conflict of interest exists.

Conflicted Party means, with respect to a person or entity, that such person or entity has or potentially has a Conflict of Interest at the time Contractor is providing Services under this Agreement or receiving Protected Material in connection with such Services.

Conflicted Party means a Principal Party to whom a Conflict of Interest Matter relates;

Examples of Conflicted Party in a sentence

• Metrolinx shall have the authority to determine whether the Conflicted Party may continue to participate in the activity or provide the services in question, and shall also have the authority to attach limitations or conditions on the Conflicted Party’s participation in the Procurement.

• Contractor shall immediately notify Company if any Authorized Reviewer becomes a Conflicted Party (or otherwise Unauthorized Staff) in the course of performing the Services and provide relevant information regarding such conflict to enable Company to determine if such Authorized Reviewer should lose such authorization, in which case Section 6(c) shall apply.

• Every employee is required to report immediately any acts of violence or threat of violence against any coworker, supervisor, manager, elected official, visitor, or other individual.

• Remuneration of the officers and employees of the Conflicted Party which might encourage excessive risk taking.

• An ongoing review is performed every year, either under the form of a desk review or an on site visit, in accordance with the level of global risk that the Conflicted Party represents, as evaluated by the Company’s Compliance Officer.

• Each Party declares that, if at any time during the course of participating in the Procurement, a Party or any of its advisors, partners, directors, commissioners, officers, Personnel, agents, or contractors has an actual or potential Conflict of Interest (each, a “Conflicted Party”), the Conflicted Party will immediately disclose such Conflict of Interest to Metrolinx and the Project Manager.

• In case the conflict of interests originates from either the Company or its Conducting Officers or the Chairman of the relevant Fund, then the actual Conflicted Party shall be prohibited to vote.

• Minutes of the meeting referred to above shall reflect that proper and timely disclosure of a potential Funds- related conflict of interests was made and that the actual Conflicted Party, if any, was prohibited from voting, and accordingly was not counted for a decision.

• Disclosure of conflicts of interests In the event any Conflicted Party faces any Funds-related conflict of interests, such Conflicted Party shall immediately notify in writing (i.e. email message, fax message or letter) the Company and the Board of the relevant Fund.

• In more urban areas, public transportation often does not align to students’ and workers’ childcare, work, and school schedules, and may not effectively link workers from where they live to where they work and attend training.

More Definitions of Conflicted Party

Conflicted Party has the meaning set out in Clause 21.1; “Control” (including with correlative meaning, the term “Controlled by”) means the right of one person alone, or together with its Affiliates, to appoint the majority of the directors or to control the management or policy decisions of a person, directly or indirectly, whether by virtue of their shareholding, management rights, shareholders agreements, voting agreements, contracts, or by a management or advisory agreement or otherwise, it being understood, however, that Co-Control does not constitute Control for the purposes of this Agreement; “Deadlock Appointees” and each “Deadlock Appointee” has the meaning set out in Clause 12.2.1; “Deadlock Matter” has the meaning set out in Clause 12.1.2; “Debt Finance” means facilities (senior and subordinated facilities, together with any related hedging arrangements) for the provision of a material amount of third party debt to the Company, VTG or any other VTG Group Company, from time to time, for the funding of any acquisitions, repayment of and/or refinancing of third party debt, capital expenditure and/or working capital; “Default Call Option” has the meaning set out in Clause 26.4.2(i); “Default Call Option Notice” has the meaning set out in Clause 26.4.2(ii); “Default Call Option Shares” has the meaning set out in Clause 26.4.2(i); “Default Call Option SPA” has the meaning set out in Clause 26.4.2(ii)(a); “Default Notice” has the meaning set out in Clause 26.2.1; “Defaulting Shareholder” has the meaning set out in Clause 26.1; “Draft Revised Annual Budget” has the meaning set out in Clause 19.2; “Draft Revised Business Plan” has the meaning set out in Clause 19.2; “Effective Date” has the meaning set out in Clause 31.1; [***] [***] [***] [***] “Emergency Loan” has the meaning set in out in Clause 24.3; “Emergency SHL Agreement” has the meaning set in out in Clause 24.3.4(i); “Encumbrance” means any claim, charge, mortgage, lien, option, equitable right, power of sale, pledge, hypothecation, retention of title, right of pre-emption, right of first refusal or other third party right(s) or security interest of any kind or an agreement, arrangement or obligation to create any of the foregoing; “Expenditures” has the meaning set out in lit (b) of Schedule 9.2.1; “Extended Material Breach Cure Period” has the meaning set out in Clause 26.4.2(i);

Conflicted Party has the meaning given to it in clause 4.5.1;