Fraudulent Practices definition

Fraudulent Practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

Fraudulent Practices means a misrepresentation of facts in order to influence a procurement process or the execution of a Contract to the detriment of the Purchaser and includes collusive practice among Bidders (prior to or after Bid submission) designed to establish Bid Prices at artificial non-competitive levels and to deprive the Purchaser of the benefits of free and open competition;

Fraudulent Practices. “Coercive Practices”, “Collusive Practices” and “Obstructive Practices” in the context of IFC operations.

Examples of Fraudulent Practices in a sentence

• Furthermore, if any Party’s actions are considered Fraudulent Practices, they may be subject to legal and financial penalties to the fullest of the law.

• Corrupt or Fraudulent Practices................................................................................

• Considering the above, the details mentioned at attached Annexure-1 are applicable as stated in Instruction to Bidders of Bid Document in addition to the existing stipulation regarding Corrupt and Fraudulent Practices.

• ANNEX 2 - EBRD ANTI-CORRUPTION GUIDELINES (FRAUD AND CORRUPTION) The purpose of these Guidelines is to clarify the meaning of the terms "Corrupt Practices", "Fraudulent Practices", "Coercive Practices," and "Collusive Practices".

• The Debenture Trustee has not been engaged in: Corrupt Practices, Fraudulent Practices, Collusive Practices or Coercive Practices in connection with its business and operations, including the procurement or the execution of any contract for goods or works relating to its business; Money Laundering or acted in breach of any Applicable Law relating to Money Laundering; or the Financing of Terrorism.

More Definitions of Fraudulent Practices

Fraudulent Practices means any misrepresentation or deletion of any facts in order to influence the supply process or contract implementation.

Fraudulent Practices means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of IRCTC.

Fraudulent Practices means any conduct or representation on

Fraudulent Practices means a misrepresentation of fact in order to influence the execution of a contract to the detriment of the employer and include collusive practice among applicants/bidders (prior to or after its submission) designed to establish bid price at artificial non-competitive level and to deprive the employer of the benefit of free and open competition.

Fraudulent Practices. Coercive Practices," and "Collusive Practices" in the context of the EBRD’s non-sovereign operations in favour of private sector projects.

Fraudulent Practices means misrepresentation or omission of facts in order to execute of contract.

Fraudulent Practices. “Coercive Practices”, “Collusive Practices” and “Obstructive Practices” in the context of MIGA operations. CORRUPT PRACTICES A “Corrupt Practice” is the offering, giving, receiving or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another person.