Common use of U.S. Foreign Corrupt Practices Act Clause in Contracts

U.S. Foreign Corrupt Practices Act. Supplier agrees to comply with, and not to perform any act that would subject Iron Bow to sanctions under, the U.S. Foreign Corrupt Practices Act, 15 U.S.C. Section 78 et seq. In particular, Supplier agrees that in connection with, or in the performance of, the Purchase Order, Supplier will not make or promise to make any payment (whether in currency, property or other thing of value) to any third person, firm or entity (including, without limitation, any government official or representative) for the purpose of obtaining or retaining business. For its part, Iron Bow agrees that it does not desire and will not request any service or action by Supplier that would or might constitute a violation of the Foreign Corrupt Practices Act. Furthermore, Supplier agrees, directly and indirectly, not to participate in, or otherwise be compliant with, any boycotts that the U.S. Government does not approve, including but not limited to the Arab Boycott of Israel.

U.S. Foreign Corrupt Practices Act. Supplier agrees to comply with, and not to perform any act that would subject Iron Bow 3TI to sanctions under, the U.S. Foreign Corrupt Practices Act, 15 U.S.C. Section 78 et seq. In particular, Supplier agrees that in connection with, or in the performance of, the Purchase Order, Supplier will not make or promise to make any payment (whether in currency, property or other thing of value) to any third person, firm or entity (including, without limitation, any government official or representative) for the purpose of obtaining or retaining business. For its part, Iron Bow 3TI agrees that it does not desire and will not request any service or action by Supplier that would or might constitute a violation of the Foreign Corrupt Practices Act. Furthermore, Supplier agrees, directly and indirectly, not to participate in, or otherwise be compliant with, any boycotts that the U.S. Government does not approve, including but not limited to the Arab Boycott of Israel.