Undue Advantage definition

Undue Advantage means unfair advantage, by way of any gratification which is considered unreasonable or excessive and it includes but is not restricted to expensive club memberships, lavish hospitality, loans / money taken by employees from vendors whether interest free or lower interest rates etc.
Sample 1Sample 2Sample 3
Undue Advantage means any gratification whatever, other than legal remuneration.
Sample 1Sample 2
Undue Advantage means any event, with economic value or not, that would not have occurred if by the promise or offer of "something" or "some benefit". Job offers, meals, sponsorship of events, scholarships, among others are example of what could be considered as “undue advantage”.
Sample 1

Examples of Undue Advantage in a sentence

  • Third Parties must always act with integrity and refuse to promise, give, offer or receive any Undue Advantage on behalf of or to Arteris.

  • Actual Role of Replacement Fuels and AFVs As the results of the “Replacement Fuel Demand and Supply Information” required by EPACT section 503, the Energy Information Administration publishes a series of annual reports entitled Alternatives to Traditional Transportation Fuels.

  • Bribery: An act of misconduct consisting of inducing someone to perform or refuse to perform a particular act through an offer, promise, donation, or solicitation of Undue Advantage, directly or indirectly, in violation of Applicable Laws and Regulations or BRF Policies.

  • DHCS certifies the network of each County MHP and submits assurances of adequacy to the CMS.

  • Eventual personal Political Donations made by Company Employees when freely exercising their citizenship shall strictly follow the method included in the legislation and must not, directly or indirectly, link or associate to the Company’s image or brand, or aim at obtaining any Undue Advantage, conflict of interests, personal benefit and/or exchange of favors involving the Company or the own Employee.

  • Disclosures Giving Undue Advantage to Third Parties You must not be involved with the commission or omission of any act which gives an undue advantage to an outside party in its dealings with the Company without prior approval from the Company, whether or not such act or omission results in you obtaining a personal gain, benefit or advantage in business transactions or dealings involving the Company.

  • Keep in mind that direct insurance costs are only the tip of the iceberg in the overall costs of incidents.

  • In the event that any agent of the public administration or individual in the private sector, including customers or Suppliers, argues that, in order to deal with a particular matter, some favor is required for somebody, or requests or offers any Undue Advantage, the contact should be halted and the matter should immediately be reported to the Compliance Department or through the Hotline, so that the appropriate measures may be taken.

  • Related foundations and similar nonprofit corporations for which the College is not financially accountable or for which the nature of their relationship is not considered significant to the College are not part of the accompanying financial statements.

  • It is possible that, while carrying out the Foundation's regular activities, Public Agents make requests for an Undue Advantage or that appears to be undue.


More Definitions of Undue Advantage

Undue Advantage that is to say bribery means an act of a foreign public official or official of pu5101520253035404551015202530354045blic international organisations, who—
Sample 1
Undue Advantage means any gratification whatever, other than legal remuneration and shall have the same meaning as in the Indian Prevention of Corruption Act, 1988 (as amended).
Sample 1
Undue Advantage means any gratification, benefit or advantage, property or interest in such property, reward, fee, valuable security or gift or any other valuable thing (other than legal remuneration), whether pecuniary or non-pecuniary, tangible or intangible;
Sample 1
Undue Advantage means advantage or favor in any form that is not authorized by law or contract and/or could not be obtained through lawful or proper means. For the purposes of the Applicable Anti-Corruption Laws, examples of Undue Advantage include: money, gifts, travel, entertainment, job offers, meals, sponsorship of events, scholarships and charitable contributions without due approval or non-compliant with CCR Gorup standards.
Sample 1
Undue Advantage that is to say bribery means an act of a foreign public official or official of public international organisation, who—
Sample 1
Undue Advantage means an improper benefit or a benefit obtained through inappropriate means; 15/ "person" means natural or juridical person;
Sample 1

Related to Undue Advantage

  • Unfair Advantage means any conduct, direct or indirect, by a Proponent that may result in gaining an unfair advantage over other Proponents, including but not limited to (i) possessing, or having access to, information in the preparation of its Proposal that is confidential to the Purchaser and which is not available to other Proponents, (ii) communicating with any person with a view to influencing, or being conferred preferred treatment in, the RFP process, or (iii) engaging in conduct that compromises or could be seen to compromise the integrity of the RFP process and result in any unfairness.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Medicare Advantage The Medicare managed care options that are authorized under Title XVIII as specified at Part C and 42 C.F.R. § 422.

  • Advantage means any payment (whether made voluntarily or involuntarily, by offset of any deposit or other indebtedness or otherwise) received by any Bank in respect of the Debt, if such payment results in that Bank having less than its pro rata share of the Debt then outstanding, than was the case immediately before such payment.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Loan or Loans means, as the context may require, Revolving Loans and/or Swing Line Loans.

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Subsidy means the difference between the amount of periodic

  • Medicare Advantage plan means a plan of coverage for health benefits under Medicare Part C as defined in 42 U.S.C. 1395w-28(b)(1), and includes:

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Permitted Loans means:

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Eurodollar Borrowing means a Borrowing comprised of Eurodollar Loans.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.