Common use of Integrity Pact Clause in Contracts

Integrity Pact. If the Advisory Consortium or any of member thereof or their agents or servants is found to have violated or involved in violation of the Integrity Pact signed by the Lead Advisor or the Advisory Consortium (as the case may be) as Appendix – A to this Agreement, then the Client shall be entitled to: a) recover from the Lead Advisor or the Advisory Consortium (as the case may be) an amount equivalent to ten times the sum of any commission, gratification, bribe, finder’s fee or kickback given by the it or them or any of it/their sub-consultant, agents or servants; b) terminate the Contract; and c) recover from the Lead Advisor or the Advisory Consortium (as the case may be) any loss or damage to the Client as a result of such termination or of any other corrupt business practices by it or them or any of its/their sub-consultant, agents or servants.

Appears in 3 contracts

Sources: Consultancy Services Contract, Consultancy Services Contract, Consultancy Services Contract