Related Party Matters. The Company and PEWC hereby covenant and agree that the business relationship and all of the commercial transactions between the Company or any of its Affiliates, on the one hand, and PEWC or any of its Affiliates on the other shall be conducted in such a manner as is consistent with the Company’s and PEWC’s past customary practices, on such terms and conditions that are equal to, the same as or better than then current market terms available to the Company with respect to the subject matter of each such transaction and in accordance with any applicable Legal Requirements (herein “Satisfactory Contract Terms”). In addition, SOF acknowledges that both the Company and PEWC will continue to engage in such transactions on Satisfactory Contract Terms.
Appears in 3 contracts
Samples: Shareholders’ Agreement (MSD Capital L P), Shareholders’ Agreement (Asia Pacific Wire & Cable Corp LTD), Shareholders’ Agreement (Asia Pacific Wire & Cable Corp LTD)
Related Party Matters. The Company and PEWC hereby covenant and agree that the business relationship and all of the commercial transactions between the Company or any of its Affiliates, on the one hand, and PEWC or any of its Affiliates on the other shall be conducted in such a manner as is consistent with the Company’s 's and PEWC’s 's past customary practices, on such terms and conditions that are equal to, the same as or better than then current market terms available to the Company with respect to the subject matter of each such transaction and in accordance with any applicable Legal Requirements (herein “"Satisfactory Contract Terms”"). In addition, SOF acknowledges that both the Company and PEWC will continue to engage in such transactions on Satisfactory Contract Terms.
Appears in 2 contracts
Samples: Shareholders' Agreement, Shareholders' Agreement (Pacific Electric Wire & Cable Co LTD)
Related Party Matters. The Company and PEWC hereby covenant and agree that the business relationship and all of the commercial transactions between the Company or any of its Affiliates, on the one hand, and PEWC or any of its Affiliates on the other shall be conducted in such a manner as is consistent with the Company’s and PEWC’s past customary practices, on such terms and conditions that are equal to, the same as or better than then current market terms available to the Company with respect to the subject matter of each such transaction and in accordance with any applicable Legal Requirements (herein “Satisfactory Contract Terms”). In addition, SOF acknowledges that both the Company and PEWC will continue to engage in such transactions on Satisfactory Contract Terms.. 3.2
Appears in 1 contract
Samples: Shareholders’ Agreement
