Actual Conflicts of Interest Sample Clauses

The "Actual Conflicts of Interest" clause defines the obligation of parties to avoid situations where their personal or financial interests directly conflict with their duties or responsibilities under the agreement. In practice, this clause requires parties to disclose any real, existing conflicts as soon as they arise and may mandate steps such as recusal from decision-making or termination of involvement in affected matters. Its core function is to maintain integrity and trust in the contractual relationship by ensuring that decisions are made impartially and without improper influence.
Actual Conflicts of Interest. Contractor shall not engage in any business or activities, or maintain any relationships that conflict in any way with the full performance of the obligations of Contractor under this Contract. Such a conflict of interest would arise when a Contractor or Subcontractor’s employee, officer or agent were to offer or provide any tangible personal benefit to an employee of the State, or any member of his or her immediate family or his or her partner, related to the award of, entry into or management or oversight of this Contract.
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Actual Conflicts of Interest. On any issue involving actual conflicts of interest not provided for elsewhere in this Agreement, each of the Manager and the General Partner will be guided by its good faith judgment as to the best interests of the Partnership and shall take such actions as are determined by the Manager and the General Partner, as the case may be, to be necessary or appropriate to ameliorate any such conflict of interest and, in addition, may take such actions as may be permitted or required under the Institutional Fund Agreement. If the General Partner or the Manager takes an action in respect of a matter giving rise to a conflict of interest, neither the General Partner nor the Manager nor any of their respective Affiliates shall have any liability to the Partnership or any Limited Partner for actions in respect of such matter taken in good faith by them in the pursuit of their own respective interests.
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Actual Conflicts of Interest. On any issue involving actual conflicts of interest not provided for elsewhere in this Agreement, the General Partner will be guided by its good faith judgment as to the best interests of the Partnership and shall take such actions as are determined by the General Partner to be necessary or appropriate to ameliorate any such conflict of interest. If the General Partner takes such good faith action in respect of a matter giving rise to a conflict of interest, neither the General Partner nor any of its Affiliates shall have any liability to the Partnership or any Limited Partner for actions in respect of such matter taken in good faith by them in the pursuit of their own respective interests.
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Actual Conflicts of Interest. GPA shall not engage in any business or activities or maintain any relationships that conflict in any way with the full performance of the obligations of GPA under this Agreement. GPA acknowledges that, with respect to this Agreement, even the appearance of a conflict of interest shall be harmful to the Government of Guam’s interests. Absent GEDA’s prior written approval, GPA shall refrain from any practices, activities or relationships that reasonably appear to be in conflict with the full performance of GPA’s obligations under this Agreement.
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Actual Conflicts of Interest. On any issue involving actual conflicts of interest not provided for elsewhere in this Agreement, the Manager and the General Partner shall be guided by its good faith judgment as to the best interests of the Partnership, and shall take such actions as are determined by it to be necessary or appropriate to ameliorate the conflicts of interest. Neither the General Partner nor the Manager nor any of their respective Affiliates shall have any liability to the Partnership or any Limited Partner in respect of actions in respect of such matter taken in good faith by them in the pursuit of their own respective interests.
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Actual Conflicts of Interest. Grantee shall not engage in any business or activities, or maintain any relationships that conflict in any way with the full performance of the obligations of Grantee under this Agreement. Such a conflict of interest would arise when a Grantee or Subcontractor’s employee, officer or agent were to offer or provide any tangible personal benefit to an employee of the State, or any member of his or her immediate family or his or her partner, related to the award of, entry into or management or oversight of this Agreement.
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Related to Actual Conflicts of Interest

  • No Conflicts of Interest A. Contractor represents and warrants that it has no actual or potential conflicts of interest in providing the requested goods or services to System Agency under this Contract or any related Solicitation and that Contractor’s provision of the requested goods and/or services under this Contract and any related Solicitation will not constitute an actual or potential conflict of interest or reasonably create an appearance of impropriety. B. Contractor agrees that, if after execution of the Contract, Contractor discovers or is made aware of a Conflict of Interest, Contractor will immediately and fully disclose such interest in writing to System Agency. In addition, Contractor will promptly and fully disclose any relationship that might be perceived or represented as a conflict after its discovery by Contractor or by System Agency as a potential conflict. System Agency reserves the right to make a final determination regarding the existence of Conflicts of Interest, and Contractor agrees to abide by System Agency’s decision.

  • Organizational Conflicts of Interest (a) The Contractor warrants that to the best of its knowledge and belief and except as otherwise disclosed, it does not have any organizational conflict of interest which is defined as a situation in which the nature of work under this contract and a contractor's organizational, financial, contractual or other interests are such that: (i) Award of the contract may result in an unfair competitive advantage; or (ii) The Contractor's objectivity in performing the contract work may be impaired. (b) The Contractor agrees that if after award it discovers an organizational conflict of interest with respect to this contract or any task/delivery order under the contract, he or she shall make an immediate and full disclosure in writing to the Contracting Officer which shall include a description of the action which the Contractor has taken or intends to take to eliminate or neutralize the conflict. The HA may, however, terminate the contract or task/delivery order for the convenience of the HA if it would be in the best interest shall be final and conclusive. of the HA. (d) Provided the Contractor has (i) given the notice within the (c) In the event the Contractor was aware of an organizational time stated in paragraph (c) above, and (ii) excepted its claim relating to such decision from the final release, and (iii) brought suit against the HA not later than one year after receipt of final payment, or if final payment has not been made, not later than one year after the Contractor has had a reasonable time to respond to a written request by the HA that it submit a final voucher and release, whichever is earlier, then the HA's decision shall not be final or conclusive, but the dispute shall be determined on the merits by a court of competent jurisdiction. (e) The Contractor shall proceed diligently with performance of this contract, pending final resolution of any request for relief, claim, appeal, or action arising under the contract, and comply with any decision of the HA.

  • Conflicts of Interest The Parties confirm that they have not offered, given, or accepted, nor intend to give at any time hereafter any economic opportunity, future employment, gift, loan, gratuity, special discount, trip, favor, service to the other in connection with this Agreement. Vendor affirms that, to the best of Vendor’s knowledge, this Agreement has been arrived at independently, and is awarded without collusion with anyone to obtain information or gain any favoritism that would in any way limit competition or give an unfair advantage over other vendors in the award of this Agreement. Vendor agrees that it has disclosed any necessary affiliations with Region 8 Education Service Center and the TIPS Department, if any, through the Conflict of Interest attachment provided in the solicitation resulting in this Agreement.