Corrupt Act means any offence in respect of corruption or corrupt activities contemplated in the Prevention and Combating of Corrupt Activities Act No. 12 of 2004;
Corrupt Act means:
29.1.1 offering, giving or agreeing to give to SANParks or any other organ of state or to any person employed by or on behalf of SANParks or any other organ of state any gift or consideration of any kind as an inducement or reward:
29.1.2 for doing or not doing (or for having done or not having done) any act in relation to the obtaining or performance of this PPP Agreement or any other contract with SANParks or any other organ of state; or
29.1.3 for showing or not showing favor or disfavor to any person in relation to this PPP Agreement or any other contract with SANParks or any other organ of state;
29.1.4 entering into this PPP Agreement or any other contract with SANParks or any other organ of state in connection with which commission has been paid or has been agreed to be paid by the Private Party or on its behalf, or to its knowledge, unless before the relevant contract is entered into particulars of any such commission and of the terms and conditions of any such contract for the payment of such commission have been disclosed in writing to SANParks;
29.1.5 committing any offence:
29.1.5.1 under any law from time to time dealing with bribery, corruption or extortion;
29.1.5.2 under any law creating offences in respect of fraudulent acts; or
29.1.5.3 at common law, in respect of fraudulent acts in relation to this PPP Agreement or any other contract with SANParks or any other public body; or
29.1.5.4 defrauding or attempting to defraud or conspiring to defraud SANParks or any other public body.
Corrupt Act means any offence in respect of corruption or corrupt activities contemplated in the Prevention and Combatting of Corrupt Activities Act, 2004 of South Africa.
Examples of Corrupt Act in a sentence
The Private Party warrants that in entering into this PPP Agreement it has not committed any Corrupt Act.
The Seller warrants that, in entering into this Agreement it has not committed any Corrupt Act.
The Private Party shall notify the NDoT of the occurrence (and details) of any Corrupt Act promptly on the Private Party becoming aware of its occurrence.
Without prejudice to its other rights or remedies under this Clause 49 (TERMINATION FOR CORRUPT ACTS), the NDoT shall be entitled to recover from the Private Party, the greater of:- the amount or value of the gift, consideration or commission which is the subject of the Corrupt Act; and any direct losses sustained by the NDoT in consequence of any breach of this Clause by the Private Party.
The Agency represents and warrants that neither it nor any of its personnel have engaged in any Corrupt Act prior to the date of this Agreement.
More Definitions of Corrupt Act
Corrupt Act means the deliberate act (i) of giving, offering or promising directly or indirectly through others such as third party intermediaries, or (ii) soliciting or accepting, directly or indirectly through others such as third party intermediaries, any offer, donation, gift, invitation, reward or anything of value to any person (including any Public Official), for themselves or for a third party, that would or could be perceived either as an inducement to commit an act of corruption or as a deliberate act of corruption, in each case with a view to inducing any person (including a Public Official) to perform their functions improperly or dishonestly and/or getting any undue benefit.
Corrupt Act means any offense in respect of corruption or corrupt activities contemplated in the Prevention and Combating of Corrupt Activities Act, 2004, committed in relation to this Agreement or any other contract between Seller and the Purchaser;
Corrupt Act means any act of seeking, authorizing, offering, promising or granting a financial or other benefit (including a payment, loan, gift or transfer of anything of value) for the purpose of inducing a private person or public official to perform his or her duties dishonestly or in breach of his or her professional, legal or contractual obligations and/or to obtain or retain business for Pegasystems and or Customer in an undue or dishonest manner.
Corrupt Act shall have the meaning ascribed to it in Clause 40; 2.1.21 “CPI” - the average rate of change (expressed as a percentage) in the Consumer Price Index for all urban areas as published in the Government Gazette by Statistics South Africa, or such other index reflecting the official rate of inflation in South Africa as may replace it, which change shall be determined by comparing the most recently published index with the index published in respect of the corresponding month in the previous period; 2.1.22 “Depreciated Value” - the value of assets calculated in accordance with depreciation presented for income tax purposes, taking into consideration the unexpired portion of the period specified in Clause 3, provided that the minimum rates of depreciation shall not be less than normal custom and practice; 2.
Corrupt Act shall have the meaning ascribed to it in Clause 40;
Corrupt Act directly or indirectly offering, giving or agreeing to give to the NDoT, any NUD or any other organ of state or to any person employed by or on behalf of the NDoT, any NUD or any other organ of state any gift or consideration of any kind as an inducement or reward:- for doing or not doing (or having done or not having done) any act in relation to the obtaining or performance of this Agreement or any other agreement with the NDoT, any NUD or any other organ of state; or for showing or not showing favour or disfavour to any person in relation to this Agreement or any other agreement with the NDoT, any NUD or any other organ of state; entering into this Agreement or any other agreement with the NDoT, any NUD or any other organ of state in connection with which commission had been paid or had been agreed to be paid by the Private Party or on its behalf, or to its knowledge, unless before the relevant agreement is entered into particulars of any such commission and the terms and conditions of any such agreement for the payment of such commission have been disclosed in writing to the NDoT; committing any offence:- under any Law from time to time dealing with bribery, corruption or extortion; under any Law creating offences in respect of fraudulent acts; or at common law, in respect of fraudulent acts in relation to this Agreement or any other agreement with the NDoT, any NUD or any other public body; or defrauding or attempting to defraud or conspiring to defraud the NDoT, any NUD or any other organ of state;
Corrupt Act has the meaning given in Clause 25.2.