Arm’s Length Transaction definition

Arm’s Length Transaction means a transaction between two related parties that is conducted as if they were unrelated, so that there is no conflict of interest.
Arm’s Length Transaction means, with respect to any transaction, the terms of such transaction shall not be less favorable to the Borrower or any of its Subsidiaries than commercially reasonable terms that would be obtained in a transaction with a Person that is an unrelated third party.
Arm’s Length Transaction means a transaction between two related parties that is conducted as if they were unrelated, so that there is no conflict of interest. For determination of Arm’s Length basis, guidance may be taken from provision of Transfer Pricing under Income Tax Act, 1961.

Examples of Arm’s Length Transaction in a sentence

  • A sale between relatives, related companies or partners, or a sale for which a significant purpose is avoiding the effect of the violations of this chapter is not an Arm’s Length Transaction.

  • The Agency is not and will not be a party to any contract between the Lender and another party where the Lender sells its servicing fee in an Arm’s Length Transaction.

  • In addition, the acquisition must be an Arm’s Length Transaction.

  • The successful bidder will provide a minimum of three designs for consideration to be used as a wayfinding sign master design theme.

  • A sale between relatives, related companies or partners, or a sale for which a significant purpose is avoiding these regulations’ sections 9.700 through 9.774 is not an Arm’s Length Transaction.


More Definitions of Arm’s Length Transaction

Arm’s Length Transaction means a transaction between two related parties that is conducted as if they are unrelated, so that there is no conflict of interest, as defined in explanation (b) to Section 188 (1) of the Companies Act.
Arm’s Length Transaction means a Sale in good faith and for valuable consideration that reflects the fair market value in the open market between two or more informed and willing parties, neither of which is under any compulsion to participate in the transaction. A Sale between relatives, related companies or partners, or a Sale for which a significant purpose is avoiding the effect of the violations of this Chapter is not an Arm’s Length Transaction.
Arm’s Length Transaction means a transaction between two related parties that is conducted as if they were unrelated.
Arm’s Length Transaction means a transaction between two unrelated, independent and unaffiliated parties or a transaction between two parties acting in their own self-interest that is conducted as if the parties were strangers so that no conflict of interest exists.
Arm’s Length Transaction means a transaction between two related parties that is conducted as if they were unrelated so that there is no conflict of interest. (Explanation (b) to Section 188 (1) of the Act).
Arm’s Length Transaction means a transaction which is not a Related Party Transaction.
Arm’s Length Transaction has the meaning set forth in Section 8.11(a).