Business Dealings definition

Business Dealings means all conduct and Communications between two or

Business Dealings means any transaction involving the sale, purchase, rental, disposition or exchange of any goods, services, or property, any license, permit, grant, or benefit, and any litigation with respect to the foregoing, but shall not include any transaction involving a board member’s residence or any ministerial matters (which are administrative acts, including the issuance of licenses, permits, that are carried out in a prescribed manner and do not involve substantial personal discretion).

Business Dealings means any transaction involving the sale, purchase, rental, disposition or exchange of any goods, services, or property, any license, permit, grant, or benefit, and any performance of or litigation with respect to any of the foregoing, but shall not include any transaction involving a public servant’s primary or secondary residence or any ministerial matter.

Examples of Business Dealings in a sentence

• Penal action can be initiated on the suppliers / Contractors in line with extant ‘Guidelines for Suspension of Business Dealings with Suppliers/ Contractors.

• If the Bidder(s)/ Contractor(s), before award or during execution has committed a transgression through a violation of Section 2 above, or acts in any other manner such as to put his reliability or credibility in question, the Principal is entitled to disqualify the Bidders(s)/ Contractor(s) from the tender process or take action as per the separate “Guidelines for Suspension of Business Dealings with Suppliers/ Contractors” framed by the Principal.

• Non-fulfilment of any contractual obligations or obligations under the law with respect to contract execution by the contractor may lead to Suspension of business dealing (Hold or Banning) in accordance with extant guidelines on Suspension of Business Dealings with Suppliers/ Contractors of BHEL in addition to penal action already spelt out under different clauses of contract.

• BHEL's Guidelines for Suspension of Business Dealings with Suppliers/ Contractors shall apply to this Notice Inviting Tender/ Enquiry.

• On arising of any situation or occurrence of any event as mentioned in Clause 6 of the Guidelines on Banning of Business Dealings, you shall be liable for action under and in accordance with the aforementioned Guidelines.

• The bidder along with its associate / collaborators / sub-vendors / consultants / service providers shall strictly adhere to “Guidelines for Suspension of Business Dealings with Suppliers/ Contractors” AA/MM/SB/01 Rev: 02, Dt.22.07.2016 displayed on BHEL website http://www.bhel.com.

• Penal action can be initiated on the suppliers / Contractors in line with extant ‘Guidelines for Suspension of Business Dealings with Suppliers/ Contractors’.

• If the Bidder(s)/ Contractor(s), before award or during execution has committed a transgression through a violation of Section 2 above, or acts in any other manner such as to put his reliability or credibility in question, the Principal is entitled to disqualify the Bidders(s)/ Contractor(s) from the Tender/RFP process or take action as per the separate “Guidelines for Suspension of Business Dealings with Suppliers/ Contractors” framed by the Principal.

• In case the action contemplated against Agency includes forfeiture of EMD also besides Banning of Business Dealings, the Banning Committee will also examine whether Clause 9.4 of Tender and Contract Document is attracted and recommended forfeiture or otherwise of EMD considering all facts and circumstances of the case.

• Penal action can be initiated on the suppliers / Contractors in line with extant "Guidelines for Suspension of Business Dealings with Suppliers / Contractors".

More Definitions of Business Dealings

Business Dealings means transactions between the parties to constitute a legally binding contract for performance of services.

Business Dealings means communicating with (whether via email, telephone or otherwise), invoicing, or generally interacting with in the ordinary course of business.

Business Dealings means any transaction involving the sale, purchase, rental, disposition or exchange of any goods, services or property, and any performance of or litigation with respect to any of the foregoing, but shall not include any transaction involving the residence of any candidate for any advisory board created pursuant to this subchapter or of any member of such board, or any ministerial matter.

Business Dealings means any negotiations, transactions or other interactions between CIBC and a current or prospective client, employee, contingent worker, supplier or other third party.

Business Dealings means releasing information, conducting negotiations or making offers prior to the conclusion of a contract, even if no contract is concluded as a result.

Business Dealings means any negotiations, transactions or other interactions between CIBC and a current or prospective client, employee, contingent worker, supplier or other third party.Examples of potential conflict situations include:·where we, our family or a close personal friend are in a position, or may be perceived to be in a position, to benefit personally, or compete with CIBC, by using information we receive or authority we have as a result of our role or relationship with CIBC;·where we are in a reporting relationship with someone with whom we share a close personal relationship or would be perceived to benefit personally from the reporting relationship;·where we interact with someone in a professional capacity in the course of CIBC’s business dealings with whom we share a close personal relationship, or where we have a direct influence in deciding whether CIBC will engage in business dealings with a person with whom we share a close personal relationship; or·where friendship or a close personal relationship may be perceived to adversely affect our judgment or objectivity, both in the workplace and in any business dealings.We must discuss any actual, potential or perceived conflict of interest situation with our manager or contact the Compliance Department (e-mail the Code of Conduct, Mailbox) as soon as possible so that steps can be taken to address the situation.Sections 4.1 to 4.6 describe some situations of actual, potential or perceived conflict of interest that must be avoided, but the list is not exhaustive.