Prohibited Practices definition

Prohibited Practices means the prohibited practices set forth in paragraph 4 of the Policy on Prohibited Practices;
Prohibited Practices means collectively the following terms, “Corruption” or “Corrupt Practice” ,“Coercion” or “Coercive Practice”, “Collusion” or “Collusive Practice”, “Fraud” or “Fraudulent practice”, “Obstructive Practice”, “Abuse”, “Money Laundering”, “Retaliation against Whistleblowers or Witnesses” and “Financing of Terrorism” or “Terrorism Financing”, as such terms are defined in the Policy on Prohibited Practice;
Prohibited Practices as defined in paragraph 4 below, including attempts to commit or suspicions thereof. For the avoidance of doubt, Fund-related Activities include Funded Activities as defined in the Agreement, and Counterparties include the Accredited Entity and any Executing Entity.

Examples of Prohibited Practices in a sentence

  • As indicated above, for the avoidance of doubt, the Parties acknowledge that information relating to investigations of Prohibited Practices will only be disclosed in accordance with the Cooperation and Sharing Information Agreement.

  • Such information shall be treated as confidential pursuant to each Party’s policies and procedures concerning allegations of Prohibited Practices.

  • We therefore hereby notify you that the IDB, in coordination or jointly with the UNDP, may investigate allegations of Prohibited Practices in connection with the Contract.


More Definitions of Prohibited Practices

Prohibited Practices means coercive practices, collusive practices, corrupt practices and fraudulent practices defined in the Bank's Enforcement Policy and Procedures. These are currently published by the Bank at the following website: http://www.ebrd.com/downloads/integrity/epp.pdf.
Prohibited Practices means the act(s) defined in Article 6.03 of these General Conditions.
Prohibited Practices means any of the following practices:
Prohibited Practices means collectively the following terms and each term shall have the meaning ascribed herein:
Prohibited Practices mean the practices prohibited by the Bank in connection with the activities it finances, as defined by the Board or that are defined in the future and communicated to the Borrower, including coercive practice, collusive practice, corrupt practice, fraudulent practice, and obstructive practice.
Prohibited Practices means collectively the following terms and each term shall have the meaning ascribed herein: “corrupt practice” is the offering, giving, receiving, or soliciting, directly or indirectly, anything of value to influence improperly the actions of another party; “fraudulent practice” is 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; “coercive practice” is impairing or harming, or threatening to impair or harm, directly or indirectly, any party or the property of the party to influence improperly the actions of a party; “collusive practice” is an arrangement between two or more parties designed to achieve an improper purpose, including influencing improperly the actions of another party; An “obstructive practice” includes deliberately destroying, falsifying, altering, or concealing evidence material to an investigation; making false statements to investigators in order to materially impede an investigation; threatening, harassing, or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation; or materially impeding the Fund’s contractual rights of audit or access to information; and An “abuse” is theft, misappropriation, waste or improper use of property or assets related to the Fund-financed activities, either committed intentionally or through reckless disregard.
Prohibited Practices means that certain activities or objects are prohibited from being utilized with students under any circumstances. Prohibited elements include: