Business Practices Sample Clauses
The Business Practices clause defines the standards and methods by which parties are expected to conduct their commercial activities under the agreement. It typically outlines requirements such as compliance with applicable laws, ethical conduct, and adherence to industry norms or company policies. For example, it may prohibit bribery, mandate fair dealing, or require the maintenance of accurate records. The core function of this clause is to ensure that all parties operate in a lawful, ethical, and consistent manner, thereby reducing the risk of legal violations and reputational harm.
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Business Practices. 1. Parties recognise that certain business practices of service suppliers, other than those falling under Article 14 (Monopolies and Exclusive Service Suppliers), may restrain competition and thereby restrict trade in services.
2. Each Party shall, at the request of any other Party, enter into consultations with a view to eliminating practices referred to in Paragraph 1. The Party addressed shall accord full and sympathetic consideration to such a request and shall co-operate through the supply of publicly available non- confidential information available to the requesting Party. The requested Party may also provide other information available to the requesting Party, subject to its domestic law and to the conclusion of satisfactory agreement concerning the safeguarding of its confidentiality by the requesting Party.
Business Practices a) The GRANTEE BENEFICIARY must utilize financial procedures in accordance with generally accepted accounting procedures and Florida Statutes, including adequate supporting documents, to account for the use of the funds provided by the AGENCY.
b) The GRANTEE BENEFICIARY must retain all records (programmatic, property, personnel, and financial) relating to this Agreement for five (5) years after final payment is made.
c) All GRANTEE BENEFICIARY records relating to this Agreement are subject to audit by the federal government or its representatives, or the AGENCY and its representatives.
d) Prior to beginning work under this Agreement, GRANTEE BENEFICIARY must register with and use the E-verify system to verify the work authorization status of all new employees of the GRANTEE BENEFICIARY and comply with F.S. 448.095, including, but not limited to all provisions of 449.095(5).
Business Practices. The rights and obligations of the Parties in respect of business practices shall be governed by Article IX of the GATS, which is hereby incorporated into and made part of this Agreement.
Business Practices. From and after the date hereof and up to the Closing Date, Seller shall continue to run the business of Seller in a manner consistent with past business practices including the satisfaction of all of its then current obligations.
Business Practices. 1. The Parties recognise that certain business practices of service suppliers, other than those falling under Article 7.12, may restrain competition and thereby restrict trade in services.
2. A Party shall, at the request of the other Party, enter into consultations with a view to eliminating practices referred to in paragraph 1. The Party addressed shall accord full and sympathetic consideration to such a request and shall co-operate through the supply of publicly available non-confidential information of relevance to the matter in question. The Party addressed shall also provide other information available to the requesting Party, subject to its domestic law and to the conclusion of satisfactory agreement concerning the safeguarding of its confidentiality by the requesting Party.
Business Practices. 1. The Parties recognise that certain business practices of services suppliers, other than those falling under Article 7, may restrain competition and thereby restrict trade in services.
2. Each Party shall, at the request of any other Party (the “Requesting Party”), enter into consultations with a view to eliminating practices referred to in paragraph 1 of this Article. The Party addressed (the “Requested Party”) shall accord full and sympathetic consideration to such a request and shall cooperate through the supply of publicly available non-confidential information of relevance to the matter in question. The Requested Party shall also provide other information available to the Requesting Party, subject to its domestic law and to the conclusion of satisfactory agreement concerning the safeguarding of its confidentiality by the Requesting Party.
Business Practices a) The GRANTEE BENEFICIARY must utilize financial procedures in accordance with generally accepted accounting procedures and Florida Statutes, including adequate supporting documents, to account for the use of the funds provided by the AGENCY.
b) The GRANTEE BENEFICIARY must retain all records (programmatic, property, personnel, and financial) relating to this Agreement for five (5) years after final payment is made.
c) All GRANTEE BENEFICIARY records relating to this Agreement are subject to audit by the federal government or its representatives, or the AGENCY and its representatives.
Business Practices. Except as disclosed in the SEC Documents, the Company has not, at any time, directly or indirectly, made any contributions or payment, or provided any compensation or benefit of any kind, to any municipal, county, state, federal or foreign governmental officer or official, or any other person charged with similar public or quasi-public duties, or any candidate for political office. The Company's books, accounts and records (including, without limitation, customer files, product packaging and invoices) accurately describe and reflect, in all material respects, the nature and amount of the Company's products, purchases, sales and other transactions. Without limiting the generality of the foregoing, the Company has not engaged, directly or indirectly, in: (a) the practice known as "double-invoicing" or the use or issuance of pro-forma or dummy invoices; or (b) the incorrect or misleading labeling, marketing or sale of refurbished goods as new goods.
Business Practices. Carrier shall use its best efforts to make certain that all ▇▇▇▇▇▇▇▇, reports, and financial settlements rendered to or made with Company pursuant to this Agreement, or any revision of or amendments to this Agreement, will properly reflect the facts about all activities and transactions handled by authority of this Agreement and that the information shown on such ▇▇▇▇▇▇▇▇, reports and settlement documents may be relied upon by Company as being complete and accurate in any further recording and reporting made by Company for whatever purposes. Carrier shall notify Company if Carrier discovers any errors in such ▇▇▇▇▇▇▇▇, reports, or settlement documents.
Business Practices. 1. Parties recognise that certain business practices of service suppliers, other than those falling under Article 8, may restrain competition and thereby restrict trade in services.
2. Each Party shall, at the request of any other Party (the “Requesting Party”), enter into consultations with a view to eliminating practices referred to in paragraph
1. The Party addressed (the “Requested Party”), shall accord full and sympathetic consideration to such a request and shall cooperate through the supply of publicly available non-confidential information of relevance to the matter in question. The Requested Party shall also provide other information available to the Requesting Party, subject to its domestic law and to the conclusion of satisfactory agreement concerning the safeguarding of its confidentiality by the Requesting Party.