Arm’s-Length Terms. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) enter into any contract or arrangement with or for the benefit of any other person which is not a member of the Group (including any disposal to that person) other than in the ordinary course of business and on arm’s length terms or better.
Appears in 3 contracts
Samples: Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)
Arm’s-Length Terms. (a) No Except as permitted under paragraph (b) below, no Obligor shall (and the Company shall ensure that no other member of the Group will) enter into any contract or arrangement with or for the benefit transaction of any other person which is not a member kind with any Affiliate of the Group (including any disposal to that person) other than Company, whether or not in the ordinary course of business business, other than on fair and on reasonable terms substantially as favourable to the relevant member of the Group as would be obtainable by the relevant member of the Group at the time in a comparable arm’s length terms or bettertransaction with a person other than an Affiliate.
Appears in 2 contracts
Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)
Arm’s-Length Terms. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) enter into any material contract or arrangement with or for the benefit of any other person which is not a member of the Group Restricted Person (including any disposal to that person) other than in the ordinary course of business and on arm’s length terms or better.than:
Appears in 2 contracts
Arm’s-Length Terms. (a) No Obligor shall (and the Company shall ensure that no other member of the Group Member will) enter into any contract or arrangement with or for the benefit of any other person which is not a member of the Group (including any disposal to that person) other than in the ordinary course of business and on arm’s 's length terms or betterterms.
Appears in 1 contract
Arm’s-Length Terms. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) enter into any contract or arrangement with or for the benefit of any other person which is not a member of the Group (including any disposal to that person) other than in the ordinary course of business and on arm’s 's length terms or betterterms.
Appears in 1 contract
Samples: Facility Agreement (Enodis PLC)
Arm’s-Length Terms. (a) No Obligor shall (and the Company Parent shall ensure that no other member of the Group will) enter into any contract or arrangement with or for the benefit of any other person which is not a member of the Group (including any disposal to that person) other than in the ordinary course of business and on arm’s length terms or better.
Appears in 1 contract
Arm’s-Length Terms. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) enter into any contract or arrangement with or for the benefit of any other person which is not a member of the Group an Obligor (including any disposal to that person) other than in the ordinary course of business and on arm’s length terms length, or betterbetter than arm’s length, terms.
Appears in 1 contract
