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.
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Undue Advantage means any gratification whatever, other than legal remuneration.
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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”.
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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.

  • If, without sacrificing anything (say, by clicking our fingers), we could make a person slightly better off, we at least seem to have some moral reason to do it.

  • In accordance with the Anticorruption Laws, as well as Suzano’s values and beliefs, the Company prohibits its Employees, Board Members and Third Parties from offering, promising or receiving any Undue Advantage to/from any person, whether a Government Official or not.

  • Giving, offering or promising Donation or Sponsorship will be considered a breach to this Policy when the act may influence inadequately any commercial decision that affects the Company or may result in conflict of interest or in Undue Advantage to the Company, its Employees, Third Parties or Public Officer.

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

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

  • None of the foregoing have accepted or been promised such Undue Advantage.

  • 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.

  • Members are prohibited from promising, offering or giving, directly or indirectly, advantages, favors, gifts, entertainment or anything of value to functionaries or people that represent Clients of Ocyan or its controlled companies with the purpose of influencing, assuring or compensating them for a decision in the interest of Ocyan and/or to obtain Undue Advantage.

  • Undue Advantage: any tangible or intangible asset offered, promised or given to unduly influence or reward any act, decision or omission effected by a given person, whether a Government Official or not.


More Definitions of Undue Advantage

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).
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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.
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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;
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Undue Advantage means an improper benefit or a benefit obtained through inappropriate means; 15/ "person" means natural or juridical person;
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Undue Advantage that is to say bribery means an act of a foreign public official or official of pu5101520253035404551015202530354045blic international organisations, who—
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Undue Advantage that is to say bribery means an act of a foreign public official or official of public international organisation, who—
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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.

  • 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 Lender in respect of the Obligations, if such payment results in that Lender having less than its pro rata share (based upon its Commitment Percentage) of the Obligations then outstanding.

  • 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 any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • 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 a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Fixed Rate Loans means 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 a Loan that bears interest based on LIBOR.

  • 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.