Arm's Length Dealings. The Franchisee shall ensure that every contract or other arrangement or transaction to which it may become party in connection with this Agreement with any person is on bona fide arm's length terms.
Arm's Length Dealings. Each Member understands and acknowledges that the conduct of the Company's business may involve business dealings and undertakings with Members. In any of those cases, those dealings and undertakings shall be at arm's length and on commercially reasonable terms.
Arm's Length Dealings. No Obligor shall (and the Company shall ensure that no other member of the Group will) enter into any arrangement, agreement or commitment with any person or pay any fees, commissions or other sums on any account whatsoever to any persons other than:
(a) in the ordinary course of trading, at arm’s length and on normal commercial terms; or
(b) as required by the Finance Documents.
Arm's Length Dealings. The Borrower does not have any arrangement, agreement or commitment with any person or has paid or is obliged to pay any fees, commissions or other sums on any account whatsoever to any persons other than on an arm’s length basis and on normal commercial terms.
Arm's Length Dealings. The Borrower shall not enter into any arrangement, agreement or commitment with any person or pay any fees, commissions or other sums on any account whatsoever to any persons other than:
(a) on an arm’s length basis and on normal commercial terms;
(b) as required by the Finance Documents; or
(c) those to which the Agent (acting on the instructions of the Majority Lenders) has given its prior written consent.
Arm's Length Dealings. LNER shall ensure that every contract or other arrangement or transaction to which it may become a party in connection with this Agreement with any person is on bona fide arm's length terms.
Arm's Length Dealings. The Borrower will not enter into any arrangement, agreement or commitment with any Affiliate or group company or pay any fees, commissions or other sums on any account whatsoever to any Persons other than in the ordinary course of trading, at arm's length and on normal commercial terms;
Arm's Length Dealings. The Company is not and has not been a party to or otherwise involved in any transaction, agreement or arrangement otherwise than by way of bargain at arms’ length in consequence of which it will or may be liable to Taxation (including Taxation which would have been payable but for the availability of any Relief) in respect of an amount deemed for Taxation purposes to be income or gains of the Company but which are not actually income or gains of the Company.
Arm's Length Dealings. Any dealings between the Company or any Group Company, and any of the Shareholders or any of their Affiliates shall be on normal arm’s length terms negotiated between the relevant parties and no such person shall claim or be entitled to any preferential treatment in relation thereto by reason of the relationship of such persons under this Agreement or any shareholding in connection with the Company.
Arm's Length Dealings. Except in respect of intra-Group Company transactions, no Group Company is currently a party to or otherwise involved in any transaction, agreement or arrangement:
(a) otherwise than by way of a bargain at arm’s length; and no notice or enquiry has been made by any Tax Authority in connection with any such transaction, agreement or arrangement.
