Business Courtesy definition

Business Courtesy means an item of more than Nominal Value, whether tangible or intangible, that is either accepted by an Anderson Healthcare employee from a Vendor or offered by an Anderson Healthcare employee to a Vendor or Referral Source. Examples include gifts, meals, entertainment, tickets, admission or access to an opportunity or place not available to the general public.
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Business Courtesy means any item or service in connection with Tensar business which has a monetary value for which fair value is not paid by the recipient. Business Courtesies include but are not limited to: gifts, gift cards, entertainment, meals, drinks, lodging, transportation, recreation, promotional items, tickets for sports or other events, and the like.
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Business Courtesy means a favour from a person or any other juristic entity regardless of whether a business relationship exists between Telkom and that person or juristic entity to a Telkom employee. A Business courtesy is inter alia an intangible benefit, such as free meals, drinks, entertainment hospitality, recreation, transportation, discounts, vacation and recreation, accommodation, use of a donor's time or discount on any goods or service for personal use at a rate that is not available to the general public.
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Examples of Business Courtesy in a sentence

  • The record must expressly state the nature, purpose, value (if known) and date of the Business Courtesy and also details of the giver/receiver of the Business Courtesy.

  • Consider whether public disclosure of the Business Courtesy would cause embarrassment to the Group or the recipient; if so it should not be provided or accepted.

  • In determining whether a specific Business Courtesy lies within the bounds of acceptable business practice, Employees are encouraged to discuss the issue with their supervisor.

  • The cost, location, and nature of the Gift, Gratuity, or Business Courtesy is reasonable; iii.

  • If the proposed Business Courtesy exceeds the Annual Limit, the Office of Corporate Compliance will deny the request to provide the Business Courtesy.

  • The Office of Corporate Compliance will send the requesting individual an email approving the proposed Business Courtesy provided that its monetary value does not cause the Annual Limit to be exceeded.

  • As such, whether Covered Individuals may accept a Gift, Gratuity, or Business Courtesy depends on what is being offered, by whom, and for what purpose.

  • The Office of Corporate Compliance will send the requesting individual an additional email approving the revised Business Courtesy proposal, provided that the change in monetary value does not cause the Annual Limit to be exceeded.

  • If the proposed Business Courtesy’s monetary value changes, the requesting individual must notify the Office of Corporate Compliance of the change in monetary value before the Business Courtesy is provided to the Potential Referral Source.

  • There may be other circumstances when it is permissible to accept a Gift, Gratuity, or Business Courtesy from a current or potential Vendor.


More Definitions of Business Courtesy

Business Courtesy means anything of value, a favor, or a benefit provided free of charge or at a charge less than fair market value in the context of a business relationship. A Business Courtesy may be a tangible or intangible benefit, including, but not limited to, such items as non-monetary gifts, meals, drinks, entertainment, hospitality, recreation, door prizes, transportation, discounts, tickets, passes, sporting events, side excursions or outings, promotional items, or use of a donor’s, contractors, or grantee’s time, materials, or equipment. An employee may never use personal funds or resources to do something that cannot be done with the Fund’s resources. Accounting for business courtesies must be done in accordance with approved GFEMS procedures. Other than to donors, for whom special rules are detailed below, GFEMS may provide non-monetary gifts (e.g., company logo apparel or similar promotional items) to organizations with which it does business. Further, management may approve other courtesies, including meals, refreshments or entertainment of reasonable value, provided that:
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Business Courtesy means such things as gifts, entertainment, meals, drinks, lodging, transportation, recreation, promotional items, prizes, tickets for sports or other events, and the like. Basically, a Business Courtesy is any personal item or service in connection with Tensar Business which has monetary value for which fair value is not paid by the recipient.
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Related to Business Courtesy

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