Arms length transaction definition

Arms 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.

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Arms 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.

Arms 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.

Examples of Arms length transaction in a sentence

For Arm’s Length Transactions, the Gross Sales Price of Products shall be the price actually charged by Lessee in an Arm’s Length Transaction, including the value of any non-cash consideration, F.O.B. railroad cars, trucks or other transport at the time and place of sale without deduction for selling costs, selling commissions, advertising, credit losses, transportation costs, severance tax or any other taxes that might be hereafter imposed, discounts, or any other deductions whatsoever.
In the event Grantor sells Products, “Fair Market Value” shall mean the greater of (1) the then current average quarterly selling price of Products, as reported by ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or an equivalent publication mutually agreed upon by the Parties, for medium-term contract sales of bulk concentrate standard grade products that are being sold by a producer from any processing facility located in the United States in an Arm’s Length Transaction, or (2) the “Gross Sales Price” of Products as defined below.
For Arm’s Length Transactions, the Gross Sales Price of Products shall be the price actually charged by Grantor in an Arm’s Length Transaction, including the value of any non-cash consideration, F.O.B. railroad cars, trucks or other transport at the time and place of sale without deduction for selling costs, selling commissions, advertising, credit losses, transportation costs, severance tax or any other taxes that might be hereafter imposed, discounts, or any other deductions whatsoever.

More Definitions of Arms length transaction

Arms length transaction means, with respect to any transaction between a Restricted Person and one of its Affiliates, that the terms thereof are no less favorable to such Restricted Person than those which could have been obtained at the time of such transaction in an arm’s-length dealing with Persons other than such Affiliate.

Arms length transaction means a transaction other than a non-arm's length transaction;

Arms length transaction has the meaning set forth in Section 8.11(a).

Arms length transaction means a transaction where the following conditions do not apply: the recipient is a body of persons over whom that supplier has control, or the supplier is a body of persons over which the recipient has control, or both the recipient and the supplier are bodies of persons, and some other person has control over both of them;

Arms length transaction means a contract or agreement that has been arrived at in the marketplace between independent, non-affiliated persons with opposing economic interests regarding that contract. For a transaction to remain arms-length for royalty purposes, it must be arms-length during the entire period for which royalty is determined under this Section.

Arms length transaction means a “transaction (purchase, sale, exchange or swap) in conformity with the market (or “determined by market forces”), between a seller and a willing buyer not being Affiliates, in the international market, valued in US Dollars.

Arms length transaction means the value of any mineral resource at a commercial price that would have been agreed to by unconnected persons for such a resource if those persons were freely negotiating on the open market under similar circumstances taking into account solely the characteristics of quality and quantity of the mineral resource transferred;