MANAGEMENT OF CONFLICT OF INTEREST Sample Clauses

The Management of Conflict of Interest clause establishes procedures to identify, disclose, and address situations where personal or organizational interests could improperly influence professional judgment or actions. Typically, this clause requires parties to promptly report any actual or potential conflicts and may outline steps such as recusal from decision-making or implementation of oversight measures. Its core function is to maintain integrity and trust in contractual relationships by preventing conflicts from compromising objectivity or fairness.
MANAGEMENT OF CONFLICT OF INTEREST. The Manager shall notify the Board of any favors, gifts or any other compensation offered or solicited by any person or business doing business or wanting to do business with SASOL.
MANAGEMENT OF CONFLICT OF INTEREST. 26 .1 The Fund Manager shall put in place robust policies and procedures for the management of real and potential conflict of interest/Related Party Transactions between the Fund Manager, the Trustee, Custodian and their Affiliates. 26 .2 All services or transactions undertaken by the Fund Manager on behalf of the Fund with any Affiliate shall be done at ar m’s length and at terms based on cost, price, and prevailing market conditions in the interest of the Fund; 26 .3 The Fund Manager shall disclose to the Commission by way of periodic reports (quarterly and annually), any Principal Transaction, Related Party Transaction or, any service contract between the Fund Manager, Trustee, Custodian and an Affiliate which may give rise to a po tential conflict of interest between the Fund and any Affiliate; and 26 .4 The Fund Manager shall, in accordance with Rule 450 of the SEC Rules: (i) obtain the consent of the Trustee to purchase securities on behalf of the Fund in which an Affiliate of the Fund Manager acts as issuin g house/underwriter; (ii) disclose to the Commission purchase of such securities in line with Rule 450 (B) (2 ) (e); and (iii) generally disclose in its quarterly reports to the Commission such information required pursuant to Rule 450 (B) 4 of the SEC Rules. 26 .5 The Fund Manager shall obtain the Trustees consent in respect of: 26 .5 .1 Principal transactions on behalf of the Fund by the Fund Manager with its affiliate as counter party or vendor; and 26 .5 .2 Principal transaction for sales or purchase of securities in the secondary market where the Affiliate acts as broker or intermediar y for such sale or purchase.
MANAGEMENT OF CONFLICT OF INTEREST. In the event that a conflict arises through the course of the provision of the Services which the Buyer agrees in writing that the conflict can be managed to their satisfaction, Call Off Special Term 1 will apply, and any particular arrangements or mitigating steps shall be agreed in writing with the Buyers Authorised Representative.

Related to MANAGEMENT OF CONFLICT OF INTEREST

  • No Conflict of Interest Contractor has no interest that would constitute a conflict of interest under (i) PCC 10365.5, 10410 or 10411; (ii) Government Code sections 1090 et seq. or 87100 et seq.; or (iii) California Rules of Court, rule 10.103 or 10.104, which restrict employees and former employees from contracting with judicial branch entities.

  • Conflict of Interests The beneficiary undertakes to take all the necessary measures to prevent any risk of conflicts of interests which could affect the impartial and objective performance of the agreement. Such conflict of interests could arise in particular as a result of economic interest, political or national affinity, family or emotional reasons, or any other shared interest. Any situation constituting or likely to lead to a conflict of interests during the performance of the agreement must be brought to the attention of the Commission, in writing, without delay. The beneficiary shall undertake to take whatever steps are necessary to rectify this situation at once. The Commission reserves the right to check that the measures taken are appropriate and may demand that the beneficiary take additional measures, if necessary, within a certain time.

  • Conflict of Interest No officer, member or employee of the Contractor or subcontractor, no member of the governing body of the Contractor, and no other public officials of the Contractor who exercise any functions or responsibilities in the review or Contractor approval of this Agreement, shall participate in any decision relating to this Agreement which affects his or her personal interest, or shall have any personal or pecuniary interest, direct or indirect, in this Agreement.

  • Conflict of Interest Requirements CONTRACTOR hereby agrees to comply with any and all applicable conflict of interest requirements set forth in the California Political Reform Act and any current and future implementing regulations, policies, procedures and standards promulgated thereunder, including, without limitation, COUNTY’s Conflict of Interest Code, all as may be amended from time to time.