Undue Advantage definition

Undue Advantage means unfair advantage, by way of any gratification which is considered unreasonable or excessive and it includes but is not restricted to expensive club memberships, lavish hospitality, loans / money taken by employees from vendors whether interest free or lower interest rates etc.

Undue Advantage means any gratification whatever, other than legal remuneration.

Undue Advantage means an advantage which is inappropriate, unreasonable or unlawful;”.

Examples of Undue Advantage in a sentence

• Employee (s) and / or Third Party (s) are prohibited from offering (in) Undue Advantage with the aim of speeding up or guaranteeing the obtaining of licenses, authorizations, permissions and certificates or inducing Public Agent to practice, omit or delay official act.

• None of the foregoing have accepted or been promised such Undue Advantage.

• Third Parties must always act with integrity and refuse to promise, give, offer or receive any Undue Advantage on behalf of or to Arteris.

• The following are non-exhaustive examples of Undue Advantage:  Cash or equivalent;  Gifts;  Travel expenses and/or payments for personal expenses;  Services;  Entertainment;  Privileged information;  Support in events and/or festivities, even if legitimate;  Jobs and/or internships for relatives or friends.

• In this sense, in order to avoid Conflicts of Interest that may even generate the appearance of Undue Advantage, it is prohibited: • Conducting business or personal commitments with Public Agents and authorities that, directly or indirectly, may influence decisions, or obtain authorizations, licenses or any transaction of interest to LDC.

More Definitions of Undue Advantage

Undue Advantage means advantage or favor in any form that is not authorized by law or contract and/or could not be obtained through lawful or proper means. For the purposes of the Applicable Anti-Corruption Laws, examples of Undue Advantage include: money, gifts, travel, entertainment, job offers, meals, sponsorship of events, scholarships and charitable contributions without due approval or non-compliant with CCR Gorup standards.

Undue Advantage means an advantage or benefit in any form that is not authorized by law or contract and/or that could not have been obtained by lawful or honest means. For purposes of applicable anti-corruption laws, examples of improper benefits include: money, gifts, travel, entertainment, job offers, meals, event sponsorships, scholarships and charitable contributions without proper authorization or outside the standards permitted by the CCR.

Undue Advantage means an improper benefit or a benefit obtained through inappropriate means; 15/ "person" means natural or juridical person;

Undue Advantage means any event, with economic value or not, that would not have occurred if by the promise or offer of "something" or "some benefit". Job offers, meals, sponsorship of events, scholarships, among others are example of what could be considered as “undue advantage”.

Undue Advantage means any gratification whatever, other than legal remuneration and shall have the same meaning as in the Indian Prevention of Corruption Act, 1988 (as amended).

Undue Advantage means any gratification, benefit or advantage, property or interest in such property, reward, fee, valuable security or gift or any other valuable thing (other than legal remuneration), whether pecuniary or non-pecuniary, tangible or intangible;

Undue Advantage means the requesting or offering of money or anything of value: in exchange for preferential treatment in obtaining or maintaining business or contracts for services or goods; with a view to influencing decisions in dealings with Government or private entities; or in order to induce a person to refrain from performing duties inherent to their position or office.