Facilitating Payments definition

Facilitating Payments. For the avoidance of doubt, facilitating payments (otherwise known as “greasing payments” and defined as payments to an individual to secure or expedite the performance of a routine government action by government officials) are no exception to the general rule and therefore prohibited. Usnadňující platby – Aby se předešlo pochybnostem, usnadňující platby (odměny za urychlení vyřízení, definované jako platby jednotlivcům za účelem zajištění nebo urychlení vyřízení rutinní pracovní činnosti státních úředníků) nepředstavují výjimku z obecného pravidla a jsou tudíž zakázány.
Facilitating Payments. (otherwise known as “greasing payments”) means any payment to an individual to secure or expedite the performance of a routine government action by government officials.
Facilitating Payments means payments made for the purpose of expediting or securing routine governmental actions (e.g. processing a visa, providing police protection, scheduling an inspection, obtaining an ordinary license or business permit, loading or unloading of a cargo).

Examples of Facilitating Payments in a sentence

  • Facilitating Payments: otherwise known as “greasing payments” shall mean a payment to an individual to secure or expedite the performance of a routine government action by government officials.

  • Some Anti-Corruption Laws have a narrow exception for what are known as “facilitating payments” – payments to government employees to expedite or secure the performance of a routine governmental action (Facilitating Payments).

  • Facilitating Payments – For the avoidance of doubt, facilitating payments (otherwise known as “greasing payments” and defined as payments to an individual to secure or expedite the performance of a routine government action by government officials) are no exception to the general rule and therefore prohibited.

  • Facilitating Payments: otherwise known as "greasing payments" shall mean a payment to an individual to secure or expedite the performance of a routine government action by government officials.


More Definitions of Facilitating Payments

Facilitating Payments means and include but limited to any payments made to Government agencies, employees, department, government, political parties to expedite or secure the performance of routine services like tax assessments, customs clearances, utility connections like electricity, gas, telephone, internet, etc.
Facilitating Payments means and include but limited to any payments made to Government agencies, employees, department, government, political parties to
Facilitating Payments shall have the meaning given to such term in Section 13.1.

Related to Facilitating Payments

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.