Arm’s length basis. No Obligor shall, and the Borrower shall procure that no Group member shall, enter into any material arrangement or contract with any other member of the Group save where such material arrangement or contract is entered into on an arm’s length basis considering the entire arrangement and is fair and equitable to the Group as a whole.
Appears in 4 contracts
Samples: Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa), Agreement (Luxottica Group Spa)
Arm’s length basis. No Obligor None of the Obligors shall, and the Borrower each of them shall procure that no other member of the Group member shall, enter into any material arrangement arrangement, transaction or contract with any other member of the Group person save where such material arrangement or contract is entered into on an arm’s length basis considering the entire arrangement and is fair and equitable to the Group as a wholefor full market value.
Appears in 2 contracts
Samples: Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)
Arm’s length basis. No Obligor None of the Obligors shall, and the Borrower each of them shall procure that no other member of the Group member shall, enter into any material arrangement arrangement, transaction or contract with any other member of the Group person save where such material arrangement or contract is entered into on an arm’s 's length basis considering the entire arrangement and is fair and equitable to the Group as a wholefor full market value.
Appears in 1 contract
Samples: Agreement (Freeseas Inc.)
Arm’s length basis. No Obligor shall, and the Borrower Company shall procure that no Group member shall, enter into any material arrangement or contract with any other member of the Group save where such material arrangement or contract is entered into on an arm’s length basis considering the entire arrangement and is fair and equitable to the Group as a whole.
Appears in 1 contract
