Common use of AFFILIATED COMPANY TRANSACTIONS Clause in Contracts

AFFILIATED COMPANY TRANSACTIONS. (a) Any services including services in respect of the purchase and acquisition of materials outside Ghana provided by an affiliated company shall be obtained only at a price, which is fair and reasonable. The Company shall, at the request of the Minister, provide such justification of costs as may be required, duly supported by an Auditor’s certificate if necessary. (b) Any other transactions between the Company and an affiliated company shall be on the basis of competitive international prices and upon such terms and conditions as would be fair and reasonable had such transactions taken place between unrelated parties. (c) The Company shall notify the Minister of any and all transactions between the Company and an affiliated company and shall supply such details relating to such transactions as the Minister may by notice reasonably require.

AFFILIATED COMPANY TRANSACTIONS. (a) Any services including services in respect of the purchase and acquisition of materials outside Ghana provided by an affiliated company company, shall be obtained only at a price, price which is fair and reasonable. The Company shall, at the request of the Minister, provide such justification of costs as may be required, duly supported by an Auditor’s certificate if necessary. (b) Any other transactions between the Company and an affiliated company shall be on the basis of competitive international prices and upon such terms and conditions as would be fair and reasonable had such transactions taken place between unrelated parties. (c) The Company shall notify the Minister of any and all transactions between the Company and an affiliated company and shall supply such details relating to such transactions as the Minister may by notice reasonably require.

AFFILIATED COMPANY TRANSACTIONS. (a) Any services including services in respect of the purchase and acquisition of materials outside Ghana provided by an affiliated company company, shall be obtained only at a price, price which is fair and reasonable. The Company shall, at the request of the Minister“Secretary”, provide such justification of costs as may be required, duly supported by an Auditor’s certificate if necessary. (b) Any other transactions between the Company and an affiliated company Company shall be on the basis of competitive international prices and upon such terms and conditions as would be fair and reasonable had such transactions taken place between unrelated parties. (c) The Company shall notify the Minister “Secretary” of any and all transactions between the Company and an affiliated company Company and shall supply such details relating to such transactions as the Minister “The Secretary” may by notice reasonably require.

AFFILIATED COMPANY TRANSACTIONS. (a) Any services including services in respect of the purchase and acquisition of materials outside Ghana provided by an affiliated company company, shall be obtained only at a price, price which is fair and reasonable. The Company shall, at the request of the Minister, provide such justification of costs as may be required, duly supported by an Auditor’s 's certificate if necessary. (b) Any other transactions between the Company and an affiliated company shall be on the basis of competitive international prices and upon such terms and conditions as would be fair and reasonable had such transactions taken place between unrelated parties. (c) The Company shall notify the Minister of any and all transactions between the Company and an affiliated company and shall supply such details relating to such transactions as the Minister may by be notice reasonably require.

AFFILIATED COMPANY TRANSACTIONS. (a) Any services including services in respect of the purchase and acquisition of materials outside Ghana provided by an affiliated affiliated company shall be obtained only at a price, which is fair and reasonable. The Company shall, at the request of the Minister, provide such justification justification of costs as may be required, duly supported by an Auditor’s certificate certificate if necessary. (b) Any other transactions between the Company and an affiliated affiliated company shall be on the basis of competitive international prices and upon such terms and conditions as would be fair and reasonable had such transactions taken place between unrelated parties. (c) The Company shall notify the Minister of any and all transactions between the Company and an affiliated affiliated company and shall supply such details relating to such transactions as the Minister may by notice reasonably require.