Fraudulent Practice Clause Samples

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Fraudulent Practice. Any omission or misrepresentation that may mislead or attempt to mislead so that financial or other benefits may be obtained or an obligation avoided. This includes making false declaration or providing false information for participation in a tender process or to secure a contract or in execution of the contract.
Fraudulent Practice. If Supplier fails to comply with this obligation, Supplier shall be liable for damages that may be caused directly or indirectly to EY, and this Purchase Order shall be deemed terminated due to Supplier's fault and EY shall be entitled to retain any and all amounts due to Supplier to cover damages caused to EY by its acts or omission.
Fraudulent Practice meaning any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party in order to obtain a financial or other benefit or to avoid an obligation; or
Fraudulent Practice. Intentional misrepresentation of facts made (a) to influence the selection process or the execution of the Agreement to the detriment of Owner, or (b) to deprive Owner of the benefits of free and open competition.
Fraudulent Practice. Coercive Practice;

Related to Fraudulent Practice

  • Corrupt or Fraudulent Practices 2.31.1 The Procuring entity requires that tenderers observe the highest standard of ethics during the procurement process and execution of contracts when used in the present regulations, the following terms are defined as follows;

  • Fraudulent Claims If any claim under this Agreement is in any respect fraudulent, all benefits payable and/or paid in relation to that claim shall be forfeited and if deemed appropriate, recoverable, respectively.