Arm’s Length Terms definition

Arm’s Length Terms means, with respect to any agreement or transaction, that the terms thereof are at least as favorable to the Corporation (or any subsidiary) as could reasonably be obtained from an independent third party (including with respect to prevailing market terms and pricing provisions).

Arm’s Length Terms means terms that are no less favorable to the Company or such Company-Controlled Affiliate than those that could have been obtained in a transaction by the Company or such Company-Controlled Affiliate with a Person that is an independent third party.

Arm’s Length Terms means, with respect to any transaction, terms and conditions for such transaction that are no less favorable in any material respect to the Company and its Subsidiaries, taken as a whole, than those which could have been obtained in an arm’s length negotiation between informed and willing unrelated parties under no compulsion to act taking into account all the facts and circumstances then prevailing; provided, however, that notwithstanding the foregoing any terms and conditions of a transaction approved by a majority of the Class A Directors shall be deemed to be Arm’s Length Terms.

Examples of Arm’s Length Terms in a sentence

• The Committee resorts to the Company’s price discovery system (see Ensuring Arm’s Length Terms).

• For example: Purchases of Goods and Services from Other Government-owned Entities on Non- Arm’s Length Terms: Like Emirates and Qatar, Etihad purchases significant quantities of goods and services from other government-owned entities in Abu Dhabi that are related parties.

• Guidelines in Ensuring Arm’s Length Terms - Any Related Party Transaction shall be dealt with and conducted in the regular course of business.

• The TDSI Opinions on Arm’s Length Terms & Conditions and Pricing [48] The RSA and all related agreements were first signed as of December 16, 2002.

• If the Series A Preferred Director(s) believe that any such Related Party Transaction is on terms that are less favorable to the Corporation than Arm’s Length Terms, then the Series A Preferred Director(s) may, within ten Business Days from the date of receipt of such notice, deliver a written notice to the Corporation to such effect, which notice shall specify in reasonable detail the reasons for such belief.

More Definitions of Arm’s Length Terms

Arm’s Length Terms means prices and terms no less favourable to the seller under the relevant contract than those which would be paid and agreed to by a Third Party in an arm’s length transaction under similar circumstances.

Arm’s Length Terms means on terms which are no more or less favourable to the other party to the relevant transaction than could reasonably be expected to be obtained in a comparable transaction with a person unconnected with the Group;

Arm’s Length Terms has the meaning set forth in Section 4.13.

Arm’s Length Terms means, in relation to transactions entered into by a Borrower Group Company, that the terms thereof are no less favourable to that Borrower Group Company than could reasonably be expected to be obtained in a comparable transaction with a person which is not an Affiliate of such Borrower Group Company;

Arm’s Length Terms means a transaction where:

Arm’s Length Terms means terms that, when taken as a whole, are substantially as favorable to the AOLTW Broadband Group as would have been obtainable in a comparable arm's length transaction with a Person that is not AOLTW or an Affiliate of AOLTW.

Arm’s Length Terms means that: (1) with respect to any transaction involving Holdings, such transaction (a) is fair to Holdings from a financial point of view and (b) (if there are comparable transactions between or with unrelated persons publicly available or otherwise known to Holdings) is on terms that are no less favorable to Holdings than those that could have been obtained in a comparable transaction by Holdings with an unrelated person; and (2) with respect to any transaction involving a subsidiary of Holdings, such transaction (a) is fair to such subsidiary from a financial point of view and (b) (if there are comparable transactions between or with unrelated persons publicly available or otherwise known to such subsidiary) is on terms that are no less favorable to such subsidiary than those that could have been obtained in a comparable transaction by such subsidiary with an unrelated person. “Affiliate” shall mean, with respect to any person or “group” (within the meaning of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended), any other person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified person or group. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,”