Examples of Covered Recipient in a sentence
Those payments or transfers-of-value include compensation, reimbursement for expenses, and meals provided to faculty (planners, speakers, investigators, project leads, etc.) and “items of value” (items that possess a discernible value on the open market, such as textbooks) provided to faculty and participants, if those faculty and/or participants meet the definition of Covered Recipient.
This includes compensation, reimbursement for expenses, and meals provided to faculty (planners, speakers, investigators, project leads, etc.) and “items of value” (items that possess a value on the open market, such as textbooks) provided to faculty and participants, if such faculty and/or participants meet the definition of Covered Recipient.
Moreover, under no circumstances shall the Company provide travel and lodging for the spouse, child, close family member, or other companion of a Foreign Official or other Covered Recipient.
Under Applicable Anti-Corruption Laws, the Company and individuals may be liable for making or authorizing payments or transfers of Anything of Value to third parties (including without limitation sales agents, customs and immigration agents, or freight forwarders) if such payments are made with (i) knowledge, (ii) belief, or (iii) an awareness of facts that indicate a high probability that all or part of the payments will be used to make an improper payment to a Foreign Official or Covered Recipient.
If there is doubt about the permissibility of a particular business courtesy (Gift or Payment) to a Foreign Official or another Covered Recipient, an Opinion from the Department of Justice may be sought in advance of undertaking the transaction.
For each selected Physician Covered Recipient, the IRO shall review the entry in the report and the Control Documents relating to Payments reflected in the report identified by the IRO as necessary and sufficient to validate the Payment information in the report.
The Foreign Official or Covered Recipient must provide the Company with written support from his or her employer for anything other than economy class travel and/or accommodations of more than a modest value.
Company Personnel must obtain approval in accordance with the Anti-Corruption Procedures before making ANY Payment to a Foreign Official or other Covered Recipient, and must ensure that all Payments made are accurately recorded in the Company’s books and records.
Payments for Expenses: The Foreign Official’s or Covered Recipient’s expenses must be paid directly by the Company to the provider and not to the Foreign Official or Covered Recipient (not even as reimbursement).
Those payments or transfers-of-value include compensation, reimbursement for expenses, and meals provided to faculty (planners, speakers, investigators, project leads, etc.) and “items of value” (items that possess a discernable value on the open market, such as textbooks) provided to faculty and participants, if those faculty and/or participants meet the definition of Covered Recipient.