Common use of Grafts and commissions etc Clause in Contracts

Grafts and commissions etc. Any graft, commission, gift or advantage given, promised or offered by or on behalf of the contractor or his partner, agent, officers, director, employee or servant or any one of his or their behalf in relation to the obtaining or to the execution of this or any othercontract with the owner, shall, in addition to any criminal liability which it may incur, subject the contractor to the cancellation of this and all other contracts and also to payment of any loss or damage to the owner resulting from any cancellation. The owner shall then be entitled to deduct the amount so payable from any moneys otherwise due to the contractor under the contract.

Appears in 1 contract

Sources: Service Level Agreement

Grafts and commissions etc. Any graft, commission, gift or advantage given, promised or offered by or on behalf of the contractor or his partner, agent, officers, director, employee or servant or any one of his or their behalf in relation to the obtaining or to the execution of this or any othercontract other contract with the owner, shall, in addition to any criminal liability which it may incur, subject the contractor to the cancellation of this and all other contracts and also to payment of any loss or damage to the owner resulting from any cancellation. The owner shall then be entitled to deduct the amount so payable from any moneys otherwise due to the contractor under the contract.

Appears in 1 contract

Sources: Service Level Agreement

Grafts and commissions etc. Any graft, commission, gift or advantage given, promised or offered by or on behalf of the contractor Contractor or his partner, agent, officers, director, employee or servant or any one of on his or their behalf in relation to the obtaining or to the execution of this or any othercontract other Contract with the ownerOwner, shall, shall in addition to any criminal liability which it may incur, subject the contractor Contractor to the cancellation of this and all other contracts and also to payment of any loss or damage to the owner Owner resulting from any cancellation. The owner Owner shall then be entitled to deduct the amount so payable from any moneys monies otherwise due to the contractor Contractor under the contractContract.

Appears in 1 contract

Sources: Nit (Notice Inviting Tender)