Common use of Conflict of interest and Reputational Risk Clause in Contracts

Conflict of interest and Reputational Risk. 26.2.1 The Customer and its employees and personnel shall at all times ensure that it acts in the best interests of LIT by ensuring that any business or personal association which it may have does not involve a conflict of interest of any nature whatsoever with its operations as well as its obligations under and in terms of this MSA. 26.2.2 The Customer warrants that it shall not conduct itself in a manner which will bring LIT and any director, shareholder, employee or any other person or entity associated with LIT into disrepute. If the Customer fails to comply with provisions of this clause 26 and LIT incurs any reputational damage or potential reputational damage, LIT shall immediately terminate (in writing) this MSA. 26.2.3 The Customer warrants that it has no business, professional, personal, or other interest, including, but not limited to, the representation of third parties, that would conflict in any manner or degree with its rights and/or obligations under this MSA nor would it result in a conflict of interest with LIT and any director, shareholder, employee or any other person or entity associated with LIT. 26.2.4 If a conflict of interest arises, as contemplated in this clause 26., the Customer shall immediately inform LIT (in writing) of such conflict. If LIT reasonably decides that such conflict is material in nature, then it may terminate this MSA immediately upon written notice to the Customer. Termination shall be effective on receipt of the abovementioned notice by the Customer.

Conflict of interest and Reputational Risk. 26.2.1 27.2.1 The Customer and its employees and personnel shall at all times ensure that it acts in the best interests of LIT by ensuring that any business or personal association which it may have does not involve a conflict of interest of any nature whatsoever with its operations as well as its obligations under and in terms of this MSA. 26.2.2 27.2.2 The Customer warrants that it shall not conduct itself in a manner which will bring LIT and any director, shareholder, employee or any other person or entity associated with LIT into disrepute. If the Customer fails to comply with provisions of this clause 26 27 and LIT incurs any reputational damage or potential reputational damage, LIT shall immediately terminate (in writing) this MSA. 26.2.3 27.2.3 The Customer warrants that it has no business, professional, personal, or other interest, including, but not limited to, the representation of third parties, that would conflict in any manner or degree with its rights and/or obligations under this MSA nor would it result in a conflict of interest with LIT and any director, shareholder, employee or any other person or entity associated with LIT. 26.2.4 27.2.4 If a conflict of interest arises, as contemplated in this clause 2627., the Customer shall immediately inform LIT (in writing) of such conflict. If LIT reasonably decides that such conflict is material in nature, then it may terminate this MSA immediately upon written notice to the Customer. Termination shall be effective on receipt of the abovementioned notice by the Customer.

Conflict of interest and Reputational Risk. 26.2.1 16.2.1 The Customer Subscriber and its employees and personnel shall at all times ensure that it acts in the best interests of LIT by ensuring that any business or personal association which it may have does not involve a conflict of interest of any nature whatsoever with its operations as well as its obligations under and in terms of this MSAAgreement. 26.2.2 16.2.2 The Customer Subscriber warrants that it shall not conduct itself in a manner which will bring LIT and any director, shareholder, employee or any other person or entity associated with LIT into disrepute. If the Customer Subscriber fails to comply with provisions of this clause 26 16 and LIT incurs any reputational damage or potential reputational damage, LIT shall immediately terminate (in writing) this MSAAgreement. 26.2.3 16.2.3 The Customer Subscriber warrants that it has no business, professional, personal, or other interest, including, but not limited to, the representation of third parties, that would conflict in any manner or degree with its rights and/or obligations under this MSA Agreement nor would it result in a conflict of interest with LIT and any director, shareholder, employee or any other person or entity associated with LIT. 26.2.4 16.2.4 If a conflict of interest arises, as contemplated in this clause 26.16.2.1, the Customer Subscriber shall immediately inform LIT (in writing) of such conflict. If LIT reasonably decides that such conflict is material in nature, then it may terminate this MSA Agreement immediately upon written notice to the CustomerSubscriber. Termination shall be effective on receipt of the abovementioned notice by the CustomerSubscriber.