Indirect interest definition
Indirect interest means an interest, claim, right, legal share, or other financial stake in a person that is deemed by the board to exist by virtue of a financial or other interest in another person.
Indirect interest means a personal interest in the persons involved in a matter before the agency that is in conflict with the discharge of the agency member's or employee's duties;
Indirect interest means any contract in which the Commission member is interested but not directly so, but includes contracts where the Commission member is directly interested but is the sole supplier of goods or services.
Examples of Indirect interest in a sentence
Shanghai, China 100% Indirect interest held through Actions (Zhuhai) Semiconductor Co., Ltd.
Zhuhai, China 100% Indirect interest held through Actions Semiconductor Co., Ltd.
Hong Kong SAR 100% Indirect interest held through Actions (Zhuhai) Semiconductor Co., Ltd.
More Definitions of Indirect interest
Indirect interest means an interest in which legal title is held by another as trustee or other representative capacity, but the equitable or beneficial interest is held by the person required to file under Ch. 112, Part III, F.S.
Indirect interest means a personal interest in the persons involved in a matter before the Agency that is in conflict or gives the appearance of conflict with the discharge of the Agency member’s or employee’s duties;
Indirect interest means one or more of the following between Parties mentioned in either 1.1.17(a) and (b); or 1.1.17(c);
Indirect interest means a personal interest in the persons involved in a matter before the commission that is in conflict with the discharge of the commission member's or employee's duties;
Indirect interest means an economic interest in the person referred to in paragraph (t).
Indirect interest has the meaning set forth in Section 10.1(a).
Indirect interest means: One, or more, of the following between the parties mentioned in either 5.2(a) and (b); or 5.2(c):
a. a close relationship or association;
b. indirect financial interest;
c. conflicting duty;
d. receipt of a gift; or
▇. becoming an interested party. As part of the Consultant’s Proposal, the Consultant, its staff, sub- consultants, agents and servants must declare whether or not they have a conflict of interest arising from their participation in the Project, as defined. In regard, the Consultant shall sign a Conflict of Interest declaration to be submitted in accordance with the Consultant’s Proposal. The Bidder shall be deemed ineligible should any of the following conflict of interests, restrictions or prohibitions apply to the Bidder or its staff:
a. Conflict between consulting activities and procurement of goods, works or non-consulting services for LHWP,
b. A close business or family relationship with a member of staff or Board of Directors of the Client, involved in any part of (i) the preparation of the Terms of Reference/Scope of Services for the assignment, (ii) the selection process for the Contract, or (iii) the supervision of the Contract, unless the conflict stemming from this relationship has been resolved in a manner acceptable to the LHDA. 5.5. The Bidder must comply with the LHWP Anti-Corruption Policy. Failure to declare any potential issue in terms of the LHWP Anti-Corruption Policy and conflict of interest provisions as set out above in Clause 5.2, shall be grounds for disqualification. 5.6. Government officials and civil servants of the Kingdom of Lesotho, the Republic of South Africa, and state-owned entities are not eligible to be included as Personnel in the Bidder’s Proposal unless such engagement does not conflict with any employment or other laws, regulations, or other policies of the Kingdom of Lesotho, and they provide written evidence of approval from their head of department.