Inappropriate Inducement definition
Inappropriate Inducement means any payment, or thing of value, or any financial or other advantage with a potential of improperly inducing any person to do or not do something contrary to any ABC Laws.
Inappropriate Inducement means any payment or thing of value or any financial or other advantage to or for the use or benefit of:
Inappropriate Inducement means any payment or thing of value or any financial
More Definitions of Inappropriate Inducement
Inappropriate Inducement. - means a remunerative arrangement intended to
Inappropriate Inducement as used in this clause means any payment or thing of value or any financial or other advantage to or for the use or benefit of: (a) any Government Official; or (b) any director, officer, employee, agent, or representative of any commercial organization or private individual; or (c) any other person, entity, or third party intermediary knowing or having reason to know that all or any portion of such payment, thing of value, or advantage would be offered, promised, paid or given to any of the persons described in this definition, for the purpose of influencing any act or decision of any such person, including a decision to do or omit to do any act in violation of the duty of such person in order to obtain or retain business, secure any improper advantage, or obtain any license, permit, approval, certificate, or clearance. “Government Official” as used in this clause means any person who would constitute either: (a) a "foreign public official" as defined in the UK Bribery Act 2010; or (b) a "foreign official" as defined in the United States Foreign Corrupt Practices Act (15 U.S.C. Section 78dd-1, et. seq.), as amended.