INTEREST IN CONTRACT Clause Samples
The 'Interest in Contract' clause defines the rights or benefits that a party holds under the contract, typically clarifying whether these rights can be transferred or assigned to others. In practice, this clause may specify that neither party may assign their interest in the agreement without the other party's written consent, or it may outline exceptions where assignment is permitted, such as to affiliates or in connection with a merger. Its core function is to control and restrict the transferability of contractual rights, thereby protecting the parties from unwanted third-party involvement and ensuring that obligations and benefits remain with the original contracting parties unless otherwise agreed.
INTEREST IN CONTRACT. Consultant covenants that neither it, nor any of its employees, agents, contractors, subcontractors has any interest, nor shall they acquire any interest, direct or indirect, in the subject of the Contract, nor any other interest which would conflict in any manner or degree with the performance of its services hereunder. Consultant shall make all disclosures required by the City’s conflict of interest code in accordance with the category designated by the City, unless the City Manager determines in writing that Consultant’s duties are more limited in scope than is warranted by the category designated by the City code and that a narrower disclosure category should apply. Consultant also agrees to make disclosure in compliance with the City conflict of interest code if, at any time after the execution of this agreement, City determines and notifies Consultant in writing that Consultant’s duties under this agreement warrant greater disclosure by Consultant than was originally contemplated. Consultant shall make disclosures in the time, place and manner set forth in the conflict of interest code and as directed by the City.
INTEREST IN CONTRACT. Consultant covenants that neither it, nor any of its employees, agents, contractors, or subcontractors has any interest, nor shall they acquire any interest, direct or indirect, in the subject of this Agreement, nor any other interest which would conflict in any manner or degree with the performance of its services hereunder. Consultant shall make all disclosures required by LAFCO’s conflict of interest policy in accordance with the category designated by LAFCO, unless the Executive Officer determines in writing that Consultant’s duties are more limited in scope than is warranted by the category designated by the conflict of interest policy of LAFCO and that a narrower disclosure category should apply. Consultant also agrees to make disclosure in compliance with LAFCO’s conflict of interest policy if, at any time after the execution of this Agreement, LAFCO determines and notifies Consultant in writing that Consultant’s duties under this Agreement warrant greater disclosure by Consultant than was originally contemplated. Consultant shall make disclosures in the time, place and manner set forth in the conflict of interest policy and as directed by LAFCO.
INTEREST IN CONTRACT. Consultant covenants that neither it, nor any of its employees, agents, contractors, subcontractors has any present interest, nor shall they acquire any interest, direct or indirect, in the subject of the Agreement, nor any other interest which would conflict in any manner or degree with the performance of its Services hereunder.
INTEREST IN CONTRACT. A. Consultant covenants that neither it, nor any of its employees, agents, contractors, subcontractors has any present interest, nor shall they acquire any interest, direct or indirect, in the subject of the Agreement, nor any other interest which would conflict in any manner or degree with the performance of its Services hereunder.
B. Consultant may serve other clients, but none whose business, regardless of location, would place Consultant in a “conflict of interest,” as that term is defined in the Political Reform Act, codified at California Government Code Section 81000 et seq.
C. The City has determined, based on the Scope of Services in Exhibit A that the Consultant, or its principal employees on working for the City under this Agreement: Is required to file a Form 700 because he/she is involved in the making or participating in making of a decision which may foreseeably have a material effect on any financial interest, as further described in the Political Reform Act and implementing regulations. Is not required to file a Form 700 because he/she is not involved in the making or participating in making of a decision which may foreseeably have a material effect on any financial interest, as further described in the Political Reform Act and implementing regulations. If it is determined that Consultant is covered by the City’s Conflict of Interest Code at any time after the execution of this Agreement City determines and notifies Consultant in writing that Consultant’s duties under this agreement warrant disclosure by Consultant, Consultant agrees to make all disclosures required by the City’s conflict of interest code in accordance with the Category designated by the City.
INTEREST IN CONTRACT. Consultant/Contractor covenants that neither it, nor any of its employees, agents, contractors, subcontractors have any interest, nor shall they acquire any interest, direct or indirect, in the subject of the Contract, nor any other interest which would conflict in any manner or degree with the performance of its services hereunder. Consultant/Contractor shall make all disclosures required by the City’s conflict of interest code in accordance with the category designated by the City, unless the City Manager determines in writing that Consultant/Contractor’s duties are more limited in scope than is warranted by the category designated by the City code and that a narrower disclosure category should apply. Consultant/Contractor also agrees to make disclosure in compliance with the City conflict of interest code if, at any time after the execution of this Contract, City determines and notifies Consultant/Contractor in writing that Consultant/Contractor’s duties under this Contract warrant greater disclosure by Consultant/Contractor than was originally contemplated. Consultant/Contractor shall make disclosures in the time, place and manner set forth in the conflict of interest code and as directed by the City.
INTEREST IN CONTRACT. The Consultant covenants that neither it, nor any of its employees, agents, contractors, and subcontractors has any interest, nor shall they acquire any interest, direct or indirect, in the subject of the Contract, nor any other interest which would conflict in any manner or degree with the performance of its services hereunder. The Consultant shall make all disclosures required by the District’s conflict of interest code in accordance with the category designated by the District, unless the District determines in writing that the Consultant’s duties are more limited in scope than is warranted by the category designated by the District code and that a narrower disclosure category should apply. The Consultant also agrees to make disclosure in compliance with the District conflict of interest code if, at any time after the execution of this Contract, the District determines and notifies the Consultant in writing that the Consultant’s duties under this Contract warrant greater disclosure by the Consultant than was originally contemplated. The Consultant shall make disclosures in the time, place and manner set forth in the conflict of interest code and as directed by the District.
INTEREST IN CONTRACT. No officer, employee, or agent of the LICENSOR who exercises any functions or responsibilities in connection with the carrying out of any services or requirements to which this contract pertains, shall have any personal interest, direct or indirect, in this contract.
INTEREST IN CONTRACT. Chamber covenants that neither it, nor any of its employees, agents, contractors, subcontractors has any interest, nor shall they acquire any interest, direct or indirect, in the subject of the Contract, nor any other interest which would conflict in any manner or degree with the performance of its services hereunder. Chamber shall make all disclosures required by the City’s conflict of interest code in accordance with the category designated by the City, unless the City Manager determines in writing that Chamber’s duties are more limited in scope than is warranted by the category designated by the City code and that a narrower disclosure category should apply. Chamber also agrees to make disclosure in compliance with the City conflict of interest code if, at any time after the execution of this agreement, City determines and notifies Chamber in writing that Chamber’s duties under this agreement warrant greater disclosure by Chamber than was originally contemplated. Chamber shall make disclosures in the time, place and manner set forth in the conflict of interest code and as directed by the City.
INTEREST IN CONTRACT. Consultant covenants that neither it, nor any of its employees, agents, contractors, subcontractors has any interest, nor shall they acquire any interest, direct or indirect, in the subject of the Contract, nor any other interest which would conflict in any manner or degree with the performance of its services hereunder. Consultant shall make all disclosures required by LAFCO’s conflict of interest policy in accordance with the category designated by LAFCO, unless the Executive LAFCO RESOLUTION L-2009-08 (CITYGATE CONTRACT) PAGE 5 OF 13 ADOPTED Officer determines in writing that Consultant’s duties are more limited in scope than is warranted by the category designated by the conflict of interest policy of LAFCO and that a narrower disclosure category should apply. Consultant also agrees to make disclosure in compliance with LAFCO’s conflict of interest policy if, at any time after the execution of this agreement, LAFCO determines and notifies Consultant in writing that Consultant’s duties under this agreement warrant greater disclosure by Consultant than was originally contemplated. Consultant shall make disclosures in the time, place and manner set forth in the conflict of interest policy and as directed by LAFCO.
INTEREST IN CONTRACT. No officer, employee or agent of the COUNTY who exercises any functions or responsibilities in connection with the carrying out of any services or requirements to which this Contract pertains shall have any personal interest, direct or indirect, in this Contract.