Common use of FRAUD AND CORRUPT PRACTICES Clause in Contracts

FRAUD AND CORRUPT PRACTICES. 12.1 The Licencee and its Shareholders and their respective officers, employees, Directors, representatives, contractors, agents and advisers shall observe the highest standard of ethics during the entire term of the Licence Period. Notwithstanding anything to the contrary contained herein or in the Letter of Award or the Tender Document, the Licensor may, at any time, withdraw the Letter of Award and terminate this Agreement and other Definitive Documents, without being liable in any manner whatsoever to the Licencee, if the Licensor determines that the Licencee or any of its Shareholders has, directly or indirectly, or through any Person, engaged in any Corrupt Practice, Fraudulent Practice, Coercive Practice, Undesirable Practice and/or Restrictive Practice in the Bidding Process, the issuance of the Letter of Award or the execution of the Definitive Agreements. If the Licensor determines that the Licencee or any of its Shareholders or any of their respective officers, employees, Directors, representatives, contractors, agents and advisers, as the case may be, has, directly or indirectly, or through any of other Person, engaged in any Corrupt Practice, Fraudulent Practice, Coercive Practice, Undesirable Practice and/or Restrictive Practice in the Bidding Process, in the issuance of the Letter of Award or the execution of the Definitive Agreements, then the Licensor shall be entitled to forfeit and appropriate the Upfront Fee and the Performance Security, as damages, and forthwith terminate this Agreement, without prejudice to any other right or remedy that may be available to it under the Tender Document or the Definitive Documents or under Applicable Law or otherwise.

FRAUD AND CORRUPT PRACTICES. 12.1 15.1 The Licencee Lessee and its Shareholders and their respective officers, employees, Directors, representatives, contractors, agents and advisers shall observe the highest standard of ethics during the entire term of the Licence PeriodTerm. Notwithstanding anything to the contrary contained herein or in the Letter of Award or the Tender DocumentRFP Documents, the Licensor Lessor may, at any time, withdraw the Letter of Award and terminate this Agreement and other Definitive DocumentsLease Deed, without being liable in any manner whatsoever to the LicenceeLessee, if the Licensor Lessor determines that the Licencee or any of its Shareholders Lessee has, directly or indirectly, or through any Person, engaged in any Corrupt Practice, Fraudulent Practice, Coercive Practice, Undesirable Practice and/or Restrictive Practice in the Bidding Processbidding process under the RFP, the issuance of the Letter of Award or the execution of the Definitive Agreementsthis Xxxxx Xxxx. If the Licensor Lessor determines that the Licencee Lessee or any of its Shareholders or any of their respective officers, employees, Directors, representatives, contractors, agents and advisers, as the case may be, has, directly or indirectly, or through any of other Person, engaged in any Corrupt Practice, Fraudulent Practice, Coercive Practice, Undesirable Practice and/or Restrictive Practice in the Bidding Processbidding process under the RFP, in the issuance of the Letter of Award or the execution of the Definitive Agreementsthis Lease Deed, then the Licensor Lessor shall be entitled to forfeit and appropriate the Upfront Fee Premium and the Performance SecurityGuarantee (if applicable at such time), as damages, and forthwith terminate this AgreementLease Deed, without prejudice to any other right or remedy that may be available to it under the Tender Document or the Definitive RFP Documents and this Lease Deed or under Applicable Law or otherwise.

FRAUD AND CORRUPT PRACTICES. 12.1 15.1 The Licencee Lessee and its Shareholders and their respective officers, employees, Directors, representatives, contractors, agents and advisers shall observe the highest standard of ethics during the entire term of the Licence PeriodTerm. Notwithstanding anything to the contrary contained herein or in the Letter of Award or the Tender DocumentRFP Documents, the Licensor Lessor may, at any time, withdraw the Letter of Award and terminate this Agreement and other Definitive DocumentsLease Deed, without being liable in any manner whatsoever to the LicenceeLessee, if the Licensor Lessor determines that the Licencee or any of its Shareholders Lessee has, directly or indirectly, or through any Person, engaged in any Corrupt Practice, Fraudulent Practice, Coercive Practice, Undesirable Practice and/or Restrictive Practice in the Bidding Processbidding process under the RFP, the issuance of the Letter of Award or the execution of the Definitive Agreementsthis Lease Deed. If the Licensor Lessor determines that the Licencee Lessee or any of its Shareholders or any of their respective officers, employees, Directors, representatives, contractors, agents and advisers, as the case may be, has, directly or indirectly, or through any of other Person, engaged in any Corrupt Practice, Fraudulent Practice, Coercive Practice, Undesirable Practice and/or Restrictive Practice in the Bidding Processbidding process under the RFP, in the issuance of the Letter of Award or the execution of the Definitive Agreementsthis Lease Deed, then the Licensor Lessor shall be entitled to forfeit and appropriate the Upfront Fee Premium and the Performance SecurityGuarantee (if applicable at such time), as damages, and forthwith terminate this AgreementLease Deed, without prejudice to any other right or remedy that may be available to it under the Tender Document or the Definitive RFP Documents and this Lease Deed or under Applicable Law or otherwise.