Anticorruption Laws definition

Anticorruption Laws means laws, regulations or orders relating to anti-bribery or anticorruption (governmental or commercial), which apply to the business and dealings of the Company, each Subsidiary of the Company, and the shareholders of the Company; including, without limitation, laws that prohibit the corrupt payment, offer, promise, or authorization of the payment or transfer of anything of value (including gifts or entertainment), directly or indirectly, to any Government Official, commercial entity, or other any other Person to obtain a business advantage; such as, without limitation, the PRC anticorruption laws, the U.S. Foreign Corrupt Practices Act of 1977, as amended from time to time, the UK Bribery of 2010 and all national and international laws enacted to implement the OECD Convention on Combating Bribery of Foreign Officials in International Business Transactions.
Anticorruption Laws has the meaning set forth in Section 3.20(a).

Examples of Anticorruption Laws in a sentence

  • The Bidder/Contractor will not commit any offence under the relevant Anti-corruption Laws of India; further the Bidder/Contractor will not use improperly, for purposes of competition or personal gain, or pass on to others, any information or document provided by the Principal as part of the business relationship, regarding plans, technical proposals and business details, including information contained or transmitted electronically.

  • The Vendor shall defend, indemnify and hold harmless the Purchaser against any and all costs, damages, losses, liabilities, expenses, judgments, fines, settlements and any other amounts of any nature, including reasonable attorneys’ fees arising from any Bribery to Public Officials made in violation of any Applicable Anticorruption Laws or breach of these anticorruption provisions, directly or indirectly, by, on behalf of or with the knowledge of the Vendor.

  • This Policy and the Anti-corruption Laws prohibit offering a Government Official “anything of value” to induce the official to misuse his or her official authority to the benefit of the Company.

  • At any time, and without notice to the Vendor, the Purchaser may disclose information relating to a possible violation of Applicable Anticorruption Laws or the existence and terms of the Order, including the compensation provisions, to the Owner, a government, government agency, an international organization or to anyone else determined by the Purchaser to have a legitimate need to know.

  • The Bidder/Contractor will not commit any offence under the relevant Anticorruption Laws of India; further the Bidder/Contractor will not use improperly, for purposes of competition or personal gain, or pass on to others, any information or document provided by the Principal as part of the business relationship, regarding plans, technical proposals and business details, including information contained or transmitted electronically.


More Definitions of Anticorruption Laws

Anticorruption Laws means the US Foreign Corrupt Practices Act of 1977, as amended and any other anticorruption or anti-bribery Applicable Law applicable to the Company or any of its Subsidiaries.
Anticorruption Laws means the US Foreign Corrupt Practices Act of 1977, as amended, the UK Bribery Act 2010 and any other anticorruption or anti-bribery Law applicable to the Company.
Anticorruption Laws has the meaning set forth in Section 2.13(c).
Anticorruption Laws means the U.S. Foreign Corrupt Practices Act of 1977, or any other anticorruption or anti-bribery Applicable Law applicable to the Company or any of the Company Subsidiaries.
Anticorruption Laws means the U.S. Foreign Corrupt Practices Act of 1977 and all other U.S. federal, state or local and foreign anti-corruption and anti-bribery Laws applicable to the Bank or any Transferred Subsidiary.
Anticorruption Laws has the meaning specified in Annex A.
Anticorruption Laws shall have the meaning set forth in Section 3.29(a)(i).