Facilitating Payment definition

Facilitating Payment means an occasional small payment, promise to pay, or authorization of a payment made solely to expedite or secure the performance of routine government actions which would otherwise be lawful and proper, such as:
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Facilitating Payment means an occasional small payment, promise to pay, or authorization of a payment made solely to expedite or secure the performance of routine government actions including, but not limited to:
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Facilitating Payment means a small, unofficial payment made to expedite routine governmental action that does not involve obtaining, retaining or directing business. Examples include payments to (a) secure processing of visas, permits or papers such as work orders or customs documents to process legally transmitted goods and (b) induce minor government functionaries (government employees without discretionary authority over a project or transaction) to complete their jobs in the manner required and where the situation does not involve the securing of business.
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Examples of Facilitating Payment in a sentence

  • Suncor recognizes that Suncor Personnel may in some High Risk Countries confront situations where a payment, similar in nature to a Facilitating Payment, is demanded to avoid imminent physical harm.

  • A Facilitating Payment is a payment made to expedite a routine governmental action that is of non-discretionary acts.

  • Separate approval is required for each such Facilitating Payment.

  • Therefore, in order to ensure compliance with all applicable anti- bribery laws, TERNA prohibits any kind of Facilitating Payment.

  • A Facilitating Payment is a small value payment made to a Government Official to expedite or secure the performance of routine, or non-discretionary Governmental action, which is ordinarily and commonly performed by a Government Official.


More Definitions of Facilitating Payment

Facilitating Payment means a small payment that is designed to secure or expedite a routine government action by a Government Official;
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Facilitating Payment means any small payment, promise to pay, or authorization of a modest one-off payment made solely to expedite or secure the performance of routine government actions that are part of a Public Official’s duties or functions such as:
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Facilitating Payment means a small payment, promise to pay, or authorization of a small one off payment, made solely to a government official intended to expedite or secure the performance of routine government actions, such as:
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Facilitating Payment means a payment made solely to expedite or secure the performance of the following routine government actions only:
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Facilitating Payment means a small value payment made to a Government Official to expedite or secure the performance of routine, or non-discretionary governmental action that is ordinarily and commonly performed by a Government Official.
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Facilitating Payment. (also known as expediting payment, speed money or grease money) means anything of value provided to an individual employed by or acting on behalf of a government, ministry, embassy or consulate that is intended to encourage that individual to fulfil, or to speed up the execution of, his or her duties.
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Facilitating Payment means small, customary payments made to low-level Public Officials to secure a “routine governmental action,” such as small payments to expedite customs clearance of materials or persons. “Routine governmental action” does not include any decision by a Public Official to avoid taking the routine action, or any decision related to an award or continuation of business.
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