Kickbacks definition

Kickbacks means an illicit payment made in return for facilitating a transaction, procurement of a project or furthering of a business.

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Kickbacks means gifts, favors or payments to improperly influence procurement decisions.

Kickbacks means any money, fee commission, credit, gift, gratuity, thing of value, or compensation of any kind, which is provided directly or indirectly, for the purpose of improperly obtaining or rewarding favorable treatment.

Examples of Kickbacks in a sentence

• The Seller agrees to comply with 31 U.S.C. 1352 relating to limitations on the use of appropriated funds to influence certain Federal contracts; 18 U.S.C. 431 relating to officials not to benefit; 40 U.S.C. chapter 37, Contract Work Hours and Safety Standards; 41 U.S.C. chapter 87, Kickbacks; 41 U.S.C. 4712 and 10 U.S.C. 2409 relating to whistleblower protections; 49 U.S.C. 40118, Fly American; and 41 U.S.C. chapter 21 relating to procurement integrity.

• Gratuities, Kickbacks or Contingency Fee(s): The parties certify and warrant that no gratuities, kickbacks or contingency fee(s) are paid in connection with this contract, nor are any fees, commissions, gifts or other considerations made contingent upon the award of this contract.

• The Seller agrees to comply with 31 U.S.C. 1352 relating to limitations on the use of appropriated funds to influence certain Federal contracts; 18 U.S.C. 431 relating to officials not to benefit; 40 U.S.C. chapter 37, Contract Work Hours, and Safety Standards; 41 U.S.C. chapter 87, Kickbacks; 41 U.S.C. 4712 and 10 U.S.C. 2409 relating to whistleblower protections; 49 U.S.C. 40118, Fly American; and 41 U.S.C. chapter 21 relating to procurement integrity.

• Prohibition of Bribes, Gratuities and Kickbacks Pursuant to the State of New Mexico statutes and regulations, the receipt or solicitation of bribes, gratuities, and kickbacks is strictly prohibited.

• Seller shall comply with all applicable laws including any applicable anti-bribery and anti-collusion laws, statutes and regulations; and neither Party shall offer, grant, demand or accept bribes, illegal payments, payoffs or Kickbacks in exchange for business opportunities or favorable treatment by with one another.

More Definitions of Kickbacks

Kickbacks means to the act of giving or accepting of money, gifts, or anything of value that is provided in return for favourable treatment. It is a form of negotiated bribery in which a commission is paid to the bribe-taker as a quid pro quo for services rendered, which is not legal. It describes the way a recipient of illegal gain “kicks back” a portion of it to another person for that person’s assistance in obtaining it. The kickback varies from other kinds of bribes in that there is implied collusion between agents of the two parties, rather than one party extorting the bribe from the other.

Kickbacks means gifts, favors or payments to improperly influence procurement decisions. "Legal entity" means an entity, other than a natural person, which has sufficient existence in legal

Kickbacks means a form of negotiated bribery in which a commission is paid to the bribe­ taker, in exchange for services rendered. The remuneration (money, goods or services handed over) is negotiated ahead of time.

Kickbacks means when Clients, suppliers or service providers pay part of their fees to individuals who award them the contract or some other business advantage;

Kickbacks means a payment or commission made in return for facilitating a transaction, procurement of a project or furthering of a business.

Kickbacks means an illicit payment or commission made in return for facilitating a transaction, procurement of a project or furthering of a Business. “Management” means the Management of Digi which includes directors, managers, heads of departments or any similar position; “Public Body” includes the following:

Kickbacks means and includes payments made in return for a business favour or advantage;