Common use of Common Concern Clause in Contracts

Common Concern. The Parties share a common concern to prevent and fight against corruption, which jeopardises good governance and the proper use of resources needed for development, and, in addition, endangers fair and open competition in procurement procedures based upon price and quality. The Parties therefore agree to combine their efforts to fight corruption and, in particular, agree that any offer, gift, payment, remuneration or benefit of any kind whatsoever, made to whomsoever, directly or indirectly, with a view to being awarded a mandate or contract under this Framework Agreement, or during the performance hereof, will be construed as an illegal act or corrupt practice. Any act of this kind constitutes sufficient grounds for terminating this Framework Agreement and the relevant Support Measure Agreement, cancelling the procurement or resulting award, or taking any other proportionate corrective measure laid down by applicable law. The Parties shall promptly inform each other of any well-founded suspicion of an illegal act or corrupt practice.

Common Concern. The Parties share a common concern to prevent and in the fight against corruption, which jeopardises good governance and the proper use of resources needed for development, and, in addition, endangers fair and open competition in procurement procedures based upon price and quality. The Parties therefore agree to combine They declare, therefore, their intention of combining their efforts to fight corruption and, in particular, agree declare that any offer, gift, payment, remuneration or benefit of any kind whatsoever, made to whomsoever, directly or indirectly, with a view to being awarded a mandate or contract under within the framework of this Framework Agreement, or during the performance hereofits execution, will be construed as an illegal act or corrupt practice. Any act of this kind constitutes sufficient grounds for terminating to justify termination of this Framework Agreement and the relevant Support Measure Agreement, cancelling the respective Project Agreement, the annulment of the procurement or resulting award, or for taking any other proportionate corrective measure laid down by applicable law. The Parties parties shall promptly inform each other in case of any relating well-founded suspicion of an illegal act or corrupt practice.