Common use of Integrity Clause in Contracts

Integrity. (a) Prohibited Conduct (i) The Borrower and/or the Agent shall not engage in (and shall not authorise or permit any Affiliate or any other Person acting on its behalf to engage in) any Prohibited Conduct in connection with the SME and Priority Project, any tendering procedure for the SME and Priority Project, or any transaction contemplated by the Contract; (ii) The Borrower and/or the Agent undertake to take such action as the Bank shall reasonably request to investigate or terminate any alleged or suspected occurrence of any Prohibited Conduct in connection with the SME and Priority Project; (iii) The Borrower and/or the Agent undertake to ensure that contracts financed by this Loan include the necessary provisions to enable the Borrower to investigate or terminate any alleged or suspected occurrence of any Prohibited Conduct in connection with the SME and Priority Project. (b) Sanctions (c) Management (i) becomes a Sanctioned Person or; (ii) is the subject of a final and irrevocable court ruling in connection with Prohibited Conduct perpetrated in the course of the exercise of their professional duties in order to ensure that such member is suspended, dismissed or in any case excluded from any Borrower’s activity in relation to the Loan and to the SME and Priority Project.