Common use of INTEGRITY CLAUSE Clause in Contracts

INTEGRITY CLAUSE. Before the signing of this contract and during the business relationship between the two parties, Party B shall not bribe or provide kickbacks to the personnel of Party A in any form. It has been found and verified that Party A has the right to deduct the damaged benefits from the payment of Party B and impose the damaged benefits. A fine of 10 times the amount, and Party A has the right to cancel Party B’s supply qualifications and terminate this contract.

Appears in 2 contracts

Sources: Long Term Supply Contract, Long Term Supply Contract