Anti-Bribery Compliance Sample Clauses
The Anti-Bribery Compliance clause requires parties to adhere to laws and regulations prohibiting bribery and corrupt practices in connection with the agreement. It typically obligates each party to avoid offering, giving, or receiving any improper payments or advantages to influence business decisions, and may require the implementation of internal controls or reporting mechanisms. This clause serves to protect both parties from legal and reputational risks by ensuring that all activities under the contract are conducted ethically and in compliance with anti-corruption laws.
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Anti-Bribery Compliance. The Parties hereby acknowledge the importance of combating and preventing bribery and to that end both Parties agree to comply fully with all applicable laws, regulations and sanctions relating to anti-bribery and anti-corruption.
Anti-Bribery Compliance a. Distributor shall:
i. comply with all applicable laws, statutes, regulations, and codes relating to anti-bribery and anti-corruption including but not limited to the United States Foreign Corrupt Practices Act (“Relevant Requirements”);
ii. comply with MEC’s generally applicable Ethics, Anti-bribery and Anti- corruption Policies and the relevant industry codes on anti-bribery, in each case, that are provided to Distributor and as MEC or the relevant industry body may update them from time to time upon written notice to Distributor (“Relevant Policies”);
iii. have and shall maintain in place throughout the term of this Agreement, its own policies and procedures to ensure compliance with the Relevant Requirements and the Relevant Policies, and will enforce them where appropriate;
iv. to the extent permitted under applicable law, promptly report to MEC any request or demand for any undue financial or other advantage of any kind in violation of applicable law received by Distributor in connection with the performance of this Agreement; and
v. to the extent permitted under applicable law, immediately notify MEC (in writing) if it becomes aware that a foreign public official becomes an officer or employee of Distributor or acquires a direct or indirect interest in Distributor (and Distributor warrants that, to its knowledge, it has no foreign public officials as officers, employees or direct or indirect owners at the date of this Agreement).
b. Distributor shall use reasonable efforts to require that all of its agents and subcontractors who perform services or provide goods in connection with this Agreement do so only on the basis of a written contract which imposes on and secures from such persons terms consistent with those imposed on Distributor in this Section 37.
Anti-Bribery Compliance. 5.1 The Affiliate agrees and accepts not to engage or encourage directly or indirectly in any conduct that may be construed to be an act of bribery or corruption of any government or public official or any other executive (including indicatively corporate executives) who can make, direct or influence a decision, and to comply with all laws, statutes and regulations relating to anti-money laundering and corruption which are applicable to it.
5.2 The Affiliate shall on no occasion make or offer a payment in money or in kind, or otherwise offer or accept any inducement seeking to: (a) obtain or retain business; (b) obtain a share/percentage in the payment; or (c) induce someone to behave improperly, irrespective of whether they are government, public or private sector officials or employees.
Anti-Bribery Compliance. 11.1 The Parties undertake to comply with any applicable anti-bribery regulations and codes relating to anti-bribery and anti-corruption (the “Anti-Bribery Laws”), including but not limited to the US Foreign Corrupt Practices Act and the UK Bribery Act 2010. Consultant is prohibited from offering or paying directly or indirectly anything of value to a government official or any other person, entity or institution covered under the Anti-Bribery Laws in order to:
(i) win or retain business for Company;
(ii) improperly influence an act or decision that will benefit Company;
(iii) gain an improper advantage for Company. Consultant undertakes to keep accurate and transparent records to reflect transactions and payments. Should Consultant breach or have any reason to believe that it might have breached this section, it shall inform Company immediately, in writing, and cooperate with Company to investigate and document the facts.
11.2 Consultant will notify Company if Consultant attains a position to influence purchasing decisions of a government entity of health-care-related institution (including a hospital, health board or any other institution of a similar nature). Such purchasing decisions may relate, for instance, to tenders issued by health authorities or decisions of formulary committees of public hospitals. In case of such notification by the Consultant, Company has the right to terminate this Agreement with immediate effect by written notice. Consultant shall also notify the purchase decision-maker in said institution of the Consultant’s financial relationship with Company before any purchasing decision is made.
Anti-Bribery Compliance. 6.1 The Marketing Partner agrees and accepts not to engage or encourage directly or indirectly in any conduct that may be construed to be an act of bribery or corruption of any government or public official or any other executive (including indicatively corporate executives) who can make, direct or influence a decision, and to comply with all laws, statutes and regulations relating to anti-money laundering and corruption which are applicable to it.
6.2 The Marketing Partner shall on no occasion make or offer a payment in money or in kind, or otherwise offer or accept any inducement seeking to: (a) obtain or retain business; (b) obtain a share/percentage in the payment; or (c) induce someone to behave improperly, irrespective of whether they are government, public or private sector officials or employees.
Anti-Bribery Compliance. The Parties undertake to comply with any applicable anti-bribery regulations and codes related to anti-bribery and corruption (the “Anti-Bribery Laws”), the Organisation is prohibited from offering or paying directly or indirectly anything of value to a government official or any person, entity or institution covered under the Anti-Bribery Laws in order to: (a) win or retain business for ▇▇▇▇▇▇, (b) improperly influence an act or decision that will benefit Takeda, or (c) gain an improper advantage for ▇▇▇▇▇▇.
Anti-Bribery Compliance. The Distributor shall:
(a) comply with all applicable laws, statutes, regulations, and codes relating to anti-bribery and anti-corruption in the Territory (“Relevant Requirements”);
(b) comply with Medizone’s anti-bribery, anti-corruption and ethics policies as Medizone or the relevant industry or regulatory body may update them from time to time (“Relevant Policies”);
(c) have and shall maintain in place throughout the term of this Agreement its own policies and procedures to ensure compliance with the Relevant Requirements and the Relevant Policies, and will enforce them where appropriate;
(d) promptly report to Medizone any request or demand for any undue or suspicious financial or other advantage of any kind received by the Distributor in connection with the performance of this Agreement;
(e) immediately notify Medizone (in writing) if a public official in the Territory becomes an officer or employee of the Distributor or acquires a direct or indirect interest in the Distributor, and the Distributor warrants that it has no such public officials as direct or indirect owners, officers or employees at the date of this Agreement;
(f) within three (3) months of the date of this Agreement, and annually thereafter, certify to Medizone in writing signed by an officer of the Distributor, compliance with this clause by the Distributor and all persons referred to under Section 4.11(e). The Distributor shall provide such supporting evidence of compliance as Medizone may reasonably request.
(g) The Distributor shall ensure that all of its suppliers, agents, subcontractors and other members of its group or Affiliates who perform services or provide goods in connection with this Agreement do so only on the basis of a written contract which imposes on and secures from such persons terms equivalent to those imposed on the Distributor in this Section 4.11 (“Relevant Terms”). The Distributor shall be responsible for the observance and performance by such persons of the Relevant Terms, and shall be directly liable to Medizone for any breach by such persons of any of the Relevant Terms.
(h) Breach of this Section 4.11 shall be deemed a material breach.
Anti-Bribery Compliance. 23.1 Either Party or any of its subsidiaries or affiliates, or any directors, officers, agents, servants, employees or other persons associated with or acting on behalf of the Party, or any of its subsidiaries or affiliates shall:
(a) comply with all applicable laws and policies relating to anti-bribery and anti-corruption including the Malaysian Anti-Corruption Commission Act 2009 and any amendments thereto (“Anti-Corruption Laws”);
(b) not engage in any act which would constitute an offence under the Anti-Corruption Laws irrespective of whether or not such act had been carried out inside or outside Malaysia;
(c) comply with the ethics, anti-bribery and anti-corruption policies pursuant to the Anti- Corruption Laws;
(d) have and shall maintain in place adequate procedures under the Anti-Corruption Laws to ensure compliance thereunder.
23.2 If the Certificate Holder or any of its subsidiaries or affiliates, or any directors, officers, agents, servants, employees or other persons associated with or acting on behalf of the Certificate Holder, or any of its subsidiaries or affiliates, is convicted by a court of law for involvement in bribery or corruption or unlawful or illegal activities, SIRIM QAS International shall be entitled to terminate this Agreement at any time, by giving immediate written notice to that effect to the Certificate Holder.
23.3 Upon such termination in Clause 23.2 above, SIRIM QAS International shall be entitled to all losses, costs, damages and expenses (including any incidental costs and expenses) incurred by SIRIM QAS International arising from such termination. For the avoidance of doubt, the Parties hereby agree that the Certificate Holder shall not be entitled to claim from SIRIM QAS International any form of losses including loss of profit, damages, claims or whatsoever upon termination of this Agreement under this Clause.
Anti-Bribery Compliance. (a) The Supplier shall:
(i) comply with all applicable laws, statutes, regulations, and codes relating to anti-bribery and anti-corruption including but not limited to the Prevention of Corruption Acts 1889 to 2010;
(ii) comply with Fujitsu's ethics, anti-bribery and anti-corruption policies (as communicated and updated from time to time by Fujitsu);
(iii) have and shall maintain in place throughout the term of this Agreement its own policies and procedures, including but not limited to adequate procedures under the Prevention of Corruption Acts 1889 to 2010, to ensure compliance with Clauses 2.7(a)(i) and 2.7(a)(ii) above, and will enforce them where appropriate;
(iv) promptly report to Fujitsu any request or demand for any undue financial or other advantage of any kind received by the Supplier in connection with the performance of this Agreement;
(v) immediately notify Fujitsu (in writing) if a foreign public official becomes an officer of the Supplier or acquires a controlling interest in the Supplier (and the Supplier warrants that it has no foreign public officials as officers, and that no foreign public official has a controlling interest in the Supplier at the date of this Agreement and each Order);
(vi) on request certify to Fujitsu in writing signed by an officer of the Supplier, compliance with this Clause 2.7(a) by the Supplier and all persons associated with it under Clause 2.7(b). The Supplier shall provide such supporting evidence of compliance as Fujitsu may reasonably request.
(b) The Supplier shall ensure that any person associated with the Supplier who is performing services or providing goods in connection with this Agreement does so only on the basis of a written contract which imposes on and secures from such person terms equivalent to those imposed on the Supplier in this Clause 2.7.
(c) For the purpose of this Clause 2.7:
(i) the meaning of adequate procedures and foreign public official and whether a person is associated with another person shall be determined in accordance with section 7(2) of the Prevention of Corruption Acts 1889 to 2010.; and
(ii) a person associated with the Supplier includes but is not limited to any sub-contractor of the Supplier.
Anti-Bribery Compliance. Supplier shall comply with the United States Foreign Corrupt Practices Act (“FCPA”) laws and regulations, the United Kingdom Anti- Bribery Act (“UK ABA”), and other applicable anti-bribery and corruption laws and regulations. As such, Supplier agrees not to engage in improper business conduct, such as bribery and other activities, with the intent to improperly influence behaviors or obtain any benefit for ▇▇▇▇▇▇▇. To that end, Supplier agrees that it has not and will not give, offer, promise, or transfer any payment or anything of value, directly or indirectly, to:
(a) anyone working in an official capacity for a government, government entity, government-owned or government controlled company, or public international organization; (b) any political party, political party official, or political candidate; or (c) any third party acting on behalf of any of the foregoing in order to obtain, retain, or direct business; secure an improper advantage; or violate any applicable laws and regulations related to public or commercial bribery, extortion, kickbacks, or other unlawful or improper means of conducting business. Supplier also agrees that it will not take any action, directly or indirectly, to cause Leviton to be in violation of such laws and regulations. Supplier further agrees to notify ▇▇▇▇▇▇▇ immediately of: (a) any request Supplier receives to take any action; or (b) any action taken by Supplier that might place Supplier or Leviton in violation of these laws and regulations. If ▇▇▇▇▇▇▇ learns or reasonably believes Supplier has violated the FCPA, UK ABA, or other anti-bribery law applicable to Supplier, Leviton may, without prejudice to any other rights, terminate this Agreement, effective immediately, without any obligation to Supplier. Supplier acknowledges that it is a material condition of this Agreement that it comply with anti-corruption and bribery policy laws, and failure to do so may result in the immediate termination of this agreement and forfeiture of any monies otherwise due.
