Conflict of Interest Statute Sample Clauses

A Conflict of Interest Statute clause defines the obligations of parties to avoid situations where personal interests could improperly influence their professional decisions or actions under the agreement. Typically, this clause requires parties to disclose any potential or actual conflicts and may prohibit certain relationships or transactions that could compromise impartiality, such as hiring close relatives or engaging in business with entities in which they have a financial stake. Its core function is to maintain integrity and trust in the contractual relationship by preventing decisions that could be biased or self-serving, thereby protecting both parties from ethical and legal risks.
Conflict of Interest Statute. This Agreement is subject to, and may be terminated by the City in accordance with, the provisions of A.R.S. §38-511.
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Conflict of Interest Statute. This Agreement is subject to, and may be terminated by the Town in accordance with, the provisions of A.R.S. §38-511. AA. Prohibition of Doing Business with Sudan and Iran. Pursuant to A.R.S. §§ 35- 391.06 and 35-393.06, Owner hereby certifies to the Town that Owner does not have “scrutinized” business operations, as defined in A.R.S. §§ 35-391 and 35-393, in either Sudan or Iran. Owner acknowledges that, in the event the certification to the Town by Owner contained in this paragraph is determined by the Town to be false, the Town may terminate this Agreement and exercise other remedies as provided by law, in accordance with A.R.S. §§ 35-391.06 and 35- 393.06.
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Conflict of Interest Statute. This Agreement is subject to, and may be terminated by the City or the State of Arizona in accordance with the provisions of A.R.S. §38- 511.
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Conflict of Interest Statute. This Agreement is subject to the provisions of A.R.S. § 38-511.
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Related to Conflict of Interest Statute

  • CONFLICT OF INTEREST POLICY 4.1. The Company, partners of the Company or other affiliated parties may have material interest, a legal relationship or arrangement concerning a specific transaction in the Trader’s Room or on the trading platform or interests, relationships, or arrangements that may be in conflict with the interests of the Client. By way of example, the Company may: - act as Principal concerning any instrument on the Company’s own account by selling to or buying the instrument from the Client; - combine the Client’s transaction with that of another Client; - buy or sell an instrument the Company recommended to the Client; - advise and provide other services to partners or other clients of the Company who may have interests in investments or underlying assets which conflict with the Client’s interests. The Client consents to and grants the Company authority to deal with or for the Client in any manner which the Company considers appropriate, notwithstanding any conflict of interest or the existence of any material interest in any transaction in the Trader’s Room or on the trading platform, without prior notification of the Client. The Company’s employees are required to comply with a policy of impartiality and to disregard any material interests or conflicts of interest when advising the Client.

  • Conflict of Interests The beneficiary undertakes to take all the necessary measures to prevent any risk of conflicts of interests which could affect the impartial and objective performance of the agreement. Such conflict of interests could arise in particular as a result of economic interest, political or national affinity, family or emotional reasons, or any other shared interest. Any situation constituting or likely to lead to a conflict of interests during the performance of the agreement must be brought to the attention of the Commission, in writing, without delay. The beneficiary shall undertake to take whatever steps are necessary to rectify this situation at once. The Commission reserves the right to check that the measures taken are appropriate and may demand that the beneficiary take additional measures, if necessary, within a certain time.

  • Conflict of Interest Requirements CONTRACTOR hereby agrees to comply with any and all applicable conflict of interest requirements set forth in the California Political Reform Act and any current and future implementing regulations, policies, procedures and standards promulgated thereunder, including, without limitation, COUNTY’s Conflict of Interest Code, all as may be amended from time to time.