TIPS Obligations Clause Samples

TIPS Obligations. During the term of this Agreement, TIPS will have the following obligations: a. Representations and Obligations. TIPS represents and warrants that: (a) it will not make representations to third parties about the Blackboard products and services, absent Blackboard’s prior written approval; (b) it will not enter into agreements on behalf of Blackboard or otherwise act as an authorized agent to bind Blackboard; (c) it is under no contractual commitments inconsistent with its obligations to Blackboard or that would preclude it from performing the duties required by this Agreement, and that it will fully disclose potential or actual conflicts of interest and/or dual commissioned roles to Blackboard and the applicable prospective client; (d) it will, inform Blackboard of any business relationship, circumstance, or situation that could prejudice the conduct of Blackboard’s activities or place Blackboard in an adverse situation; and (e) it will not violate, or cause Blackboard to violate, any law, rule, or regulation including lobbying and procurement rules. Likewise, Blackboard represents and warrants that: (a) it will not enter into agreements on behalf of TIPS or otherwise act as an authorized agent to bind TIPS; (b) it is under no contractual commitments inconsistent with its obligations to TIPS or that would preclude it from performing the duties required by this Agreement, and that it will fully disclose potential or actual conflicts of interest and/or dual commissioned roles to TIPS and the applicable prospective client; (c) it will, inform TIPS of any business relationship, circumstance, or situation that could prejudice the conduct of TIPS’s activities or place TIPS in an adverse situation; and (d) it will not violate, or cause TIPS to violate, any law, rule, or regulation including lobbying and procurement rules.