Preventing Conflict of Interest Sample Clauses

The Preventing Conflict of Interest clause is designed to ensure that parties to an agreement avoid situations where their personal or financial interests could improperly influence their professional decisions or actions. Typically, this clause requires individuals to disclose any potential conflicts and may prohibit them from engaging in activities or relationships that could compromise their impartiality, such as working for a competitor or having a financial stake in a related business. Its core function is to maintain integrity and trust in the contractual relationship by minimizing the risk of biased decision-making and protecting the interests of all parties involved.
Preventing Conflict of Interest. 8.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. 8.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award shall avoid situations which could give the appearance that any decision was influenced by prejudice, bias, special interest or desire for personal gain. 8.3 The Grantee assures that no person shall participate in any decision relating to any sub- contract which affects his/her personal pecuniary interest including, but not limited to: 8.3.1 employees or sub-contractors of the Grantee; or 8.3.2 persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 8.4 The Grantee shall maintain on file, and make available for inspection by the Agency, a statement submitted by each Grantee employee, sub-contractor, or governing body member disclosing any interest, fact, or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated, as circumstances require, but at least annually. The above paragraph shall serve as a minimum standard and shall not be construed as to limit the Grantee's authority for more restrictive governance to prevent real and/or apparent conflicts of interest.
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Preventing Conflict of Interest. 9.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. PQI GTCs (12-22) 9.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award shall avoid situations, which could give the appearance that any decision was influenced by prejudice, bias, special interest or desire for personal gain. 9.3 The Grantee assures that no person shall participate in any decision relating to any subcontract which affects his/her personal pecuniary interest including, but not limited to: • employees, contractors or subrecipients of the Grantee; or • persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 9.4 The Grantee shall maintain on file, and make available for inspection by TWC, a statement submitted by each Grantee employee, contractor, subrecipient or governing body member disclosing any interest, fact or circumstance, which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated, as circumstances require, but at least annually. The above paragraph shall serve as a minimum standard and shall not be construed as to limit the Grantee's authority for more restrictive governance to prevent real and/or apparent conflicts of interest.
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Preventing Conflict of Interest. 7.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. 7.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award shall avoid situations which 7.3 The Grantee assures that no member of its governing body shall participate in any decision relating to any sub-contract which affects his/her personal pecuniary interest or the interests of any: 7.3.1 employees or sub-contractors of the Grantee; or 7.3.2 persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 7.4 The Grantee shall maintain on file, and make available for inspection by the Agency, a statement submitted by each Grantee employee, sub-contractor, or governing body member disclosing any interest, fact or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated as circumstances require, but at least annually.
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Preventing Conflict of Interest. The prevention of conflict of interest using the transparency policy. Consequently, ARACIS staff and experts must declare their connections of interest related to the activity of the Agency. The ARACIS Council must determine if there are risks of conflicts of interest. The declaration of interests, which is a legal requirement, is protective for both the employee and the institution that receives it.
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Preventing Conflict of Interest. The Board of Directors is responsible for ensuring that rules are in place to avoid conflict of interest by Board Members and the Management Committee. The Board has adopted the Code of Conduct for the members of the Board and Senior Management team. The Code provides that the Directors are required to avoid any interest in contracts entered into by the Company. If such an interest exists, they are required to make adequate disclosure to the Board and to abstain from discussion, voting or otherwise influencing the decision on any matter in which the concerned Director has or may have such interest. The members of the Board and the Management Committee annually confirm the compliance of the Code of Conduct to the Board. The members of the Board and the Management Committee also submit on an annual basis, the details of individuals to whom they are related and entities in which they hold interest and such disclosures are placed before the Board. The members of the Board inform the Company of any change in their directorship(s), chairmanship(s)/membership(s) of the Committees, in accordance with the requirements of the Companies Act, 2013 and Listing Regulations. Transactions with any of the entities referred above are placed before the Board for approval. Details of all Related Party Transactions are placed before the Audit Committee on half yearly basis.
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Preventing Conflict of Interest. The Organisation will use its best endeavours to ensure that its Management Committee/Board and any employee, volunteer, agent and/or approved subcontractor, do not engage in any activity or obtain any interest during the course of this Agreement that is likely to conflict with or restrict the Organisation in performing this Agreement fairly and independently.
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Preventing Conflict of Interest. 20.1 The Board shall comply with the requirements below and with the conflict of interest provisions in OMB UG, UGMS, FMGC, and at 40 TAC §§ 802.21 (c)-(d) and 802.41, regarding any grants awarded under this Agreement. 20.2 In order to maintain the integrity of expenditure of public funds arising from grants subject to this Agreement, conflicts of interest shall be avoided by both Parties for all issues related to this Agreement or any grant awarded by the Agency to the Board. 20.3 No person shall participate in any decision relating to any subcontract or subaward which affects his/her personal pecuniary interest including, but not limited to: 20.3.1 members of the Board; 20.3.2 employees, subrecipients, and subcontractors of the Board; and 20.3.3 persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this Grant Award. 20.4 The Board shall maintain on file, and make available for inspection by the Agency, a statement submitted by each Board employee, subrecipient, subcontractor, or governing body member disclosing any interest, fact or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated, as circumstances require, but at least annually. 20.5 This requirement shall serve as a minimum standard and shall not be construed as to limit the Board’s authority for more restrictive governance to prevent real and/or apparent conflicts of interest.
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Preventing Conflict of Interest. 7.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. 7.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award shall avoid situations which could give the appearance that any decision was influenced by prejudice, bias, special interest, or desire for personal gain. 7.3 The Grantee assures that no member of its governing body shall participate in any decision relating to any sub-contract which affects his/her personal pecuniary interest or the interests of any: 7.3.1 employees or sub-contractors of the Grantee; or 7.3.2 persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 7.4 The Grantee shall maintain on file, and make available for inspection by the Agency, a statement submitted by each Grantee employee, sub-contractor, or governing body member disclosing any interest, fact or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated as circumstances require, but at least annually.
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Preventing Conflict of Interest. 8.3.1 The Organisation must use its best endeavours to ensure that Specified Personnel, officers, employees, agents, volunteers, approved subcontractors, Board members, and Project Management Committee or Steering Committee (when established), do not engage in any activity or obtain any interest during the course of this Agreement that is likely to conflict with or restrict the Organisation in performing this Agreement fairly and independently. 8.3.2 The Organisation will ensure that any person engaged by the Organisation requiring access to Confidential Information signs an Undertaking as provided at Schedule 3 of this Agreement agreeing to disclose information relating to a conflict or potential conflict of interest in performing their duties fairly and independently under the Agreement.
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Related to Preventing Conflict of Interest

  • 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.

  • 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 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.