Mandatory Disclosure Requirements Clause Samples

The Mandatory Disclosure Requirements clause obligates parties to reveal certain information as required by law or regulation. Typically, this clause specifies the types of information that must be disclosed, such as financial data, conflicts of interest, or material facts relevant to the agreement, and outlines the procedures and timelines for making such disclosures. Its core function is to ensure legal compliance and transparency, thereby reducing the risk of legal penalties and fostering trust between the parties.
Mandatory Disclosure Requirements. (1) Conflict of Interest: This Contract is subject to chapter 112, F.S. Contractors shall disclose the name of any officer, director, employee, or other agent who is also an employee of the State. Contractors shall also disclose the name of any State employee who owns, directly or indirectly, more than a five percent (5%) interest in Contractor or its affiliates.
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Mandatory Disclosure Requirements a. Conflict of Interest: This Agreement is subject to chapter 112, F.S. Grantee shall disclose the name of any officer, director, employee, or other agent who is also an employee of the State. Grantee shall also disclose the name of any State employee who owns, directly or indirectly, more than a five percent (5%) interest in Grantee or its affiliates.
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Mandatory Disclosure Requirements. (1) Conflict of Interest: This Contract is subject to chapter 112, F.S. Contractors shall disclose the name of any officer, director, employee, or other agent who is also an employee of the State. Contractors shall also disclose the name of any State employee who owns, directly or indirectly, more than a five percent (5%) interest in Contractor or its affiliates. (2) Convicted Vendors: Contractors shall disclose to DEO if they are on the convicted vendor list. A person or affiliate placed on the convicted vendor list following a conviction for a public entity crime is prohibited from doing any of the activities listed in Section I.F.1.e. above for a period of 36 months from the date of being placed on the convicted vendor list.
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Mandatory Disclosure Requirements. (1) Conflict of Interest: This Contract is subject to chapter 112, F.S. Contractors shall disclose the name of any officer, director, employee, or other agent who is also an employee of the State. Contractors shall also disclose the name of any State employee who owns, directly or indirectly, more than a five percent (5%) interest in Contractor or its affiliates. (2) Convicted Vendors: Contractors shall disclose to DEO if they are on the convicted vendor list. A person or affiliate placed on the convicted vendor list following a conviction for a public entity crime is prohibited from doing any of the activities listed in Section I.F.1.e. above for a period of 36 months from the date of being placed on the convicted vendor list. (3) Vendors on Scrutinized Companies Lists: If this Contract is in the amount of $1 million or more, in executing this Contract, Contractor certifies that it is not listed on either the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List, created pursuant to section 215.473, F.S. (a) Pursuant to section 287.135(5), F.S., DEO may immediately terminate this Contract for cause if Contractor is found to have submitted a false certification or if Contractor is placed on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List during the term of the Contract. (b) If DEO determines that Contractor has submitted a false certification, DEO will provide written notice to Contractor. Unless Contractor demonstrates in writing, within 90 days of receipt of the notice, that DEO’s determination of false certification was made in error, DEO shall bring a civil action against Contractor. If DEO’s determination is upheld, a civil penalty equal to the greater of $2 million or twice the amount of this Contract shall be imposed on Contractor, and Contractor will be ineligible to bid on any contract with an agency or local governmental entity for three (3) years after the date of DEO’s determination of false certification by the Contractor. (c) In the event that Federal law ceases to authorize the states to adopt and enforce the contracting prohibition identified herein, this provision shall be null and void.
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Mandatory Disclosure Requirements a. Conflict of Interest: This Contract is subject to chapter 112, F.S. Loan Administrator shall disclose the name of any officer, director, employee, or other agent who is also an employee of the State. Loan Administrator shall also disclose the name of any State employee who owns, directly or indirectly, more than a five percent (5%) interest in Loan Administrator or its affiliates.
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Mandatory Disclosure Requirements. (a) CONTRACTOR shall report, and shall have its personnel report, any Potentially Disclosable Matter that they become aware of that is related to performance of a ULA contract to the ULA Law Department or ULA Ethics. CONTRACTOR shall cooperate with ULA in investigating any Potentially Disclosable Matter. (b) Potentially Disclosable Matter is any of the following: (i) Fraud, False Statements and False Claims (a) Any statement, orally or in writing, that a Person has made to any employee or representative of the government that the Person knew to be false. (b) Creation or use of any document by a Person in connection with any government contract that the Person knew to be false or misleading. (c) Knowing failure by a Person to deliver products or services that conform to requirements of a government contract. (d) Knowing creation of a false record by a Person related to performance of a ULA contract. (e) Knowing concealment by a Person of a fact from the government that should have been disclosed to the government. (f) Any ▇▇▇▇ certification that ULA or a subcontractor has submitted that contained any error. (g) Any submission by a Person of a request for payment to ULA that the Person knew, at the time of submittal, was inaccurate or overstated. (h) Any knowing mischarging of time by a Person. (i) Knowing failure by a Person to perform a process or test required by a contract. (j) Any violation by any Person of CPS-026 (Procurement Integrity Act Compliance). (k) Any misuse of government property. (ii) Bribery (a) Any gift or gratuity that has been provided in violation of CPS-004 (Gifts, Bribes and Kickbacks). (b) Any gift or payment of anything of value to a United States government employee by a Person, where such payment is intended to influence that government employee to take or refrain from taking any action in his or her official capacity. (c) Any gift or gratuity that has been provided to a Person in violation of CPS-004 (Gifts, Bribes and Kickbacks). (iii) Conflict of Interest (a) Any violation of HR-011 (Employing Current or Former U.S. Military Personnel and Federal Government Employees) in connection with hiring and use of a former government employee by a Person. (b) Any violation by a Person of CPS-026 (Procurement Integrity Act Compliance) and CPS-010 (Management of Conflicts of Interest). (c) Definitions applicable to this clause
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Mandatory Disclosure Requirements 
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Related to Mandatory Disclosure Requirements

  • Disclosure Requirements (a) The Estate Agent or Salesperson *has / does not have(1) (11) a conflict or potential conflict of interest in acting for the Tenant. If the Estate Agent or Salesperson has a conflict or potential conflict of interest, the details are as follows: (b) If the Estate Agent or Salesperson has declared that there is no conflict or potential conflict of interest but a conflict or potential conflict of interest only arises (or he becomes aware of the conflict or potential conflict of interest) after the execution of this Agreement, the conflict or potential conflict of interest must be immediately disclosed in writing to the Tenant. Upon such disclosure, the Estate Agent and Salesperson may continue to act for the Tenant only if the Tenant, being fully informed, consents in writing to the Estate Agent and Salesperson continuing to act for him.

  • Disclosure Requirement In connection with an Assumption of an assumable Mortgage Loan, the Servicer shall make all disclosures required by applicable law.

  • COMPLIANCE WITH CONSULTANT DISCLOSURE LAW If this is a contract for consulting services, defined for purposes of this requirement to include analysis, evaluation, research, training, data processing, computer programming, engineering, environmental, health, and mental health services, accounting, auditing, paralegal, legal or similar services, then, in accordance with Section 163 (4-g) of the State Finance Law (as amended by Chapter 10 of the Laws of 2006), the Contractor shall timely, accurately and properly comply with the requirement to submit an annual employment report for the contract to the agency that awarded the contract, the Department of Civil Service and the State Comptroller.

  • Time Requirements The Independent Contractor will not be required to follow or establish a regular or daily work schedule, but shall devote during the term of this Agreement the time, energy and skill as necessary to perform the services of this engagement and shall, periodically or at any time upon the request of the Company, submit information as to the amount of time worked and scope of work performed.

  • Filing Requirements Escrow securities will not be released under this Part until the Issuer does the following: (a) at least 20 days before the date of the first release of escrow securities under the new release schedule, files with the securities regulators in the jurisdictions in which it is a reporting issuer (i) a certificate signed by a director or officer of the Issuer authorized to sign stating (A) that the Issuer has become an established issuer by satisfying one of the conditions in section 3.1 and specifying the condition, and (B) the number of escrow securities to be released on the first release date under the new release schedule, and (ii) a copy of a letter or other evidence from the exchange or quotation service confirming that the Issuer has satisfied the condition to become an established issuer; and (b) at least 10 days before the date of the first release of escrow securities under the new release schedule, issues and files with the securities regulators in the jurisdictions in which it is a reporting issuer a news release disclosing details of the first release of the escrow securities and the change in the release schedule, and sends a copy of such filing to the Escrow Agent.