Absence of Conflicts of Interest Clause Samples

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Absence of Conflicts of Interest. Both parties represent they presently have no interest and shall acquire no interest, either direct or indirect, which would conflict in any manner with their performance under this Agreement and that no person having any conflicting interest shall be employed or engaged by either party in their performance hereunder.
Absence of Conflicts of Interest. The Supplier undertakes to avoid, and to ensure that the Supplier’s Representatives avoid, any situations that would result in a conflict of interest (apparent, real or potential) involving their own interests, others’ interests, including but without limiting the general nature of the foregoing, the interests of one of their resources or of a subsidiary of the Supplier or of a related person (as defined in the Code) as opposed to Caisse’s interests (a “Conflict of Interest”). If such a situation arises or is susceptible to arise, the Supplier must immediately inform ▇▇▇▇▇▇, which may, at its sole discretion, (i) issue instructions indicating how the Supplier can rectify the Conflict of Interest or (ii) resiliate this Agreement in accordance with the provisions of section 30(c) (Resiliation for cause). The Supplier represents that neither the Supplier nor the Supplier’s Representatives are in a Conflict of Interest situation in connection with the supply of products, the provision of services or the carrying out of this Agreement. The Supplier undertakes to sign all declarations to this effect at ▇▇▇▇▇▇’▇ request.
Absence of Conflicts of Interest. While this Agreement shall remain in effect, (a) no person shall serve as a member of the Board of Directors of Owner and have a conflict of interest unless such conflict of interest is disclosed to Manager; and (b) Manager shall not have any conflict of interest with respect to the Facility unless such conflict of interest is disclosed to the Board of Directors of Owner and approved by the Board of Directors. For purposes hereof, a “conflict of interest” shall be defined as any financial interest or investment, direct or indirect, in any department or Facility service or in any party to any contract or contracts for the providing of any goods or services to the Facility.
Absence of Conflicts of Interest. ‌ (a) Neither the Supplier, nor any of its Representatives has given or shall give or offer to give to the City or any official, officer, employee or agent of the City any gratuity, reward, advantage or benefit of any kind as consideration for doing or forbearing to do, or for having done or forborne to do, any act in connection with this Agreement. (b) To the best of the Supplier’s knowledge, the Supplier, its Subcontractors, and their respective directors, officers, employees and agents have no pecuniary interests or any other current or past interests or dealings, including with any officials, officers or employees of the City, that would cause any conflict of interest or be seen to cause a conflict of interest in respect of the Supply. Should such a conflict or perceived conflict arise during the term of this Agreement, the Supplier shall declare it immediately in writing to the City. The City may direct the Supplier to resolve any conflict or perceived conflict to the satisfaction of the City. The Supplier warrants that neither the Supplier nor any of its Subcontractors, or any of their respective directors, officers, employees or agents, has any predisposition, affinity or association with any third party which would impair or be seen to impair or qualify the Supplier’s provision of the Supply.
Absence of Conflicts of Interest. We have performed an internal search for potential conflicts of interest and are not aware of circumstances that constitute a conflict of interest or that would otherwise impair our ability to provide objective assistance. Our determination of conflicts is based primarily on the substance of our work and not the parties involved. We have performed an internal search for potential conflicts of interest and are not aware of circumstances that constitute a conflict of interest or that would otherwise impair our ability to provide objective assistance. Our determination of conflicts is based primarily on the substance of our work and not the parties involved.