Common use of Improper Actions Clause in Contracts

Improper Actions. Supplier shall refrain from actions or omissions that, regardless of the form of participation, may lead to administrative fines or criminal prosecution, in particular but not limited to for corruption or a violation of antitrust or competition law by Supplier, by employ- ees of Supplier or by third parties engaged by Supplier (hereinafter referred to as “EBC-Violation(s)”, where “EBC” stands for ethical business conduct). Supplier shall be obligated to take all steps necessary to avoid EBC-Violations. For this purpose, Supplier shall be responsible for the compliance and proper performance by its employees and all third-party representatives with all relevant laws. In the event of an EBC-Violation, Supplier shall immediately cease such actions and shall compensate Customer for any and all damage suffered by Customer due to such ▇▇▇▇▇- tion.

Appears in 1 contract

Sources: Terms and Conditions

Improper Actions. Supplier shall refrain from actions or omissions that, regardless of the form of participation, may lead to administrative fines or criminal prosecution, in particular but not limited to for corruption or a violation of antitrust or competition law by Supplier, by employ- ees of Supplier or by third parties engaged by Supplier (hereinafter referred to as “EBC-Violation(s)”, ,” where “EBC” stands for ethical business conduct). Supplier shall be obligated to take all steps necessary to avoid EBC-Violations. For this purpose, Supplier shall be responsible for the compliance and proper performance by its employees and all third-party representatives with all relevant laws. In the event of an EBC-Violation, Supplier shall immediately cease such actions and shall compensate Customer for any and all damage suffered by Customer due to such ▇▇▇▇▇- tion.

Appears in 1 contract

Sources: Terms and Conditions