Common use of Transparency Provisions Clause in Contracts

Transparency Provisions. 63.1. The Contractor and its Affiliates declare and guarantee that the directors, officers, advisors, employees and personnel of the Contractor and its Affiliates have not made, offered or authorized, nor shall they make, offer or authorize at any time, any payment, gift, promise or another advantage, either directly or through any other Person or entity, for the use or benefit of any public servant, political party, an official of a political party or candidate for a political office, with the purpose of: (i) Influencing any decision or omission of a public servant, political party or candidate; (ii) Obtain or maintain this Contract or any other business; (iii) Approve any Recoverable Cost; or (iv) Securing any other illicit benefit or advantage for the Contractor, its Affiliates, shareholders, or any other Person. 63.2. Likewise, the Contractor will ensure that both it and its Affiliates will: (i) adhere to and comply at all times with any anti-corruption laws and regulations that are applicable, and (ii) create and maintain adequate internal controls to comply with Article 64.1. 63.3. The Contractor must notify MEM: (i) immediately as it has knowledge, or that it has sufficient reasons to presume, that any act contrary to the provisions of Article 64.1 has occurred, and (ii) within five (5) Days after it becomes aware of any investigation or proceeding initiated by any authority, domestic or foreign, related to any alleged violation of the provisions of this Article 65. Likewise, the Contractor must keep MEM informed about the progress of the investigation and process until its conclusion.

Transparency Provisions. 63.164.1. The Contractor and its Affiliates declare and guarantee that the directors, officers, advisors, employees and personnel of the Contractor and its Affiliates have not made, offered or authorized, nor shall they make, offer or authorize at any time, any payment, gift, promise or another advantage, either directly or through any other Person or entity, for the use or benefit of any public servant, political party, an official of a political party or candidate for a political office, with the purpose of: (i) Influencing any decision or omission of a public servant, political party or candidate; (ii) Obtain or maintain this Contract or any other business; (iii) Approve any Recoverable Cost; or (iv) Securing any other illicit benefit or advantage for the Contractor, its Affiliates, shareholders, or any other Person. 63.264.2. Likewise, the Contractor will ensure that both it and its Affiliates will: (i) adhere to and comply at all times with any anti-corruption laws and regulations that are applicable, and (ii) create and maintain adequate internal controls to comply with Article 64.1. 63.364.3. The Contractor must notify MEM: (i) immediately as it has knowledge, or that it has sufficient reasons to presume, that any act contrary to the provisions of Article 64.1 has occurred, and (ii) within five (5) Days after it becomes aware of any investigation or proceeding initiated by any authority, domestic or foreign, related to any alleged violation of the provisions of this Article 65. Likewise, the Contractor must keep MEM informed about the progress of the investigation and process until its conclusion.