Common use of Proper Practice Clause in Contracts

Proper Practice. Contractor shall not pay any fee, commission, rebate or anything of value to or for the benefit of any employee of Customer, nor will Contractor do business with any company knowing the results might directly benefit an employee of Customer. Contractor shall use its best efforts not to permit any of Contractor’s employees, servants, agents or representatives to engage in any activities contrary or detrimental to the best interests of Customer. (a) Contractor and Customer mutually agree that, in connection with this Agreement and the activities contemplated herein, neither of them nor any of their respective employees, servants, agents, representatives or Affiliates will take action, or omit to take any action, that would cause the other Party to be in violation of any Law related to the other Party’s business practices, including the U.S. Foreign Corrupt Practices Act or any similar statute of any Governmental Authority. (b) Contractor agrees that all invoices rendered by Contractor to Customer, as provided for in this Agreement, shall, in reasonable detail, accurately and fairly reflect the facts about all activities and transactions handled for the account of Customer. (c) Notwithstanding the generality of the foregoing, Contractor represents and warrants that neither Contractor nor any officer, director, commissioner, shareholder, employee, servant, agent or representative thereof will make or cause to be made any payment, loan, or gift of any money or anything of value, directly or indirectly: (i) to or for the benefit of any official or employee of any Governmental Authority thereof; or (ii) to any other Person or entity, where such payment, loan, or gift of any money or anything of value is intended to influence a decision in favour of Customer in a manner that is inconsistent with the principles set forth in this Clause 32. Breach of this Clause 32.2 by Contractor shall constitute sufficient grounds for Customer forthwith to terminate this Agreement under Clause 22, by so notifying Contractor in writing.

Proper Practice. Contractor Owner shall not pay any fee, commission, rebate or anything of value to or for the benefit of any employee of CustomerCharterer, nor will Contractor Owner do business with any company knowing the results might directly benefit an employee of CustomerCharterer. Contractor Owner shall use its best efforts not to permit any of ContractorOwner’s employees, servants, agents or representatives to engage in any activities contrary or detrimental to the best interests of CustomerCharterer. (a) Contractor Owner and Customer Charterer mutually agree that, in connection with this Agreement Charter and the activities contemplated herein, neither of them nor any of their respective employees, servants, agents, representatives or Affiliates will take action, or omit to take any action, that would cause the other Party to be in violation of any Law related to the other Party’s business practices, including the U.S. Foreign Corrupt Practices Act or any similar statute of any Governmental Authority. (b) Contractor Owner agrees that all invoices rendered by Contractor Owner to CustomerCharterer, as provided for in this AgreementCharter, shall, in reasonable detail, accurately and fairly reflect the facts about all activities and transactions handled for the account of CustomerCharterer. (c) Notwithstanding the generality of the foregoing, Contractor Owner represents and warrants that neither Contractor Owner nor any officer, director, commissioner, shareholder, employee, servant, agent or representative thereof will make or cause to be made any payment, loan, or gift of any money or anything of value, directly or indirectly: (i) to or for the benefit of any official or employee of any Governmental Authority thereof; or (ii) to any other Person or entity, where such payment, loan, or gift of any money or anything of value is intended to influence a decision in favour of Customer Charterer in a manner that is inconsistent with the principles set forth in this Clause 3241. Breach of this Clause 32.2 41.2 by Contractor Owner shall constitute sufficient grounds for Customer Charterer forthwith to terminate this Agreement Charter under Clause 2228, by so notifying Contractor Owner in writing.