Arm’s Length Party definition
Arm’s Length Party means, with respect to any particular Person, another Person that is not (i) a related party (as defined in the Income Tax Act (Canada)) of such Person, or otherwise determined not to be dealing at arm’s length (within the meaning of the Income Tax Act (Canada)) or (ii) an Affiliate of such Person;
Arm’s Length Party means a Person:
Arm’s Length Party means any party, person, corporation, partnership, trust, fund, association or any other organized group of persons or the personal or other legal representative of any of them that is
Examples of Arm’s Length Party in a sentence
The Beneficial Owner either [CHECK APPROPRIATE ITEM]: IS NOT a Non Arm’s Length Party.
More Definitions of Arm’s Length Party
Arm’s Length Party means a third party which is not legally related to LICENSEE , and is not, without limitation, an Affiliate, division, cooperative, partner or subsidiary of LICENSEE ;
Arm’s Length Party means a Person with whom Licensee deals at arm’s- length (within the meaning of that term under the Income Tax Act Canada));
Arm’s Length Party means, with respect to any particular Person, another Person (i) that is not (A) an associate or an Affiliate of such Person, or (B) a related party, or (C) otherwise determined not to be dealing at arm’s length; and (ii) in respect of which the Title Holder has provided evidence, satisfactory to the Royalty Holder, acting reasonably, to support a conclusion that such other Person satisfies the requirement of clause (i) of this definition;
Arm’s Length Party means a Person, or group of Persons acting in concert, who are at arm's length to Asia Pacific and each of its Subsidiaries (as such term is interpreted for the purposes of the Income Tax Act (Canada) (the “Tax Act”).