Common use of General transaction principles Clause in Contracts

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable under the 2024 Business Travel Services Master Purchase Agreement with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions under such agreement are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable services, the Group will take into consideration (i) terms of market transaction of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable by the Group pursuant to the 2024 Business Travel Services Master Purchase Agreement, to ensure the terms of the agreement are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable under the 2024 Business Travel Platform Services Master Purchase Agreement Agreements with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions entered into under such agreement agreements are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable services, the Group will take into consideration (i) terms of market transaction transactions of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable by the Group pursuant to the 2024 Business Travel Platform Services Master Purchase AgreementAgreements, to ensure the terms of the agreement agreements are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable under the 2024 Business Travel Delivery Services Master Purchase Agreement Agreements with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions entered into under such agreement agreements are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable services, the Group will take into consideration (i) terms of market transaction transactions of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable by the Group pursuant to the 2024 Business Travel Delivery Services Master Purchase AgreementAgreements, to ensure the terms of the agreement agreements are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees prices payable under the 2024 Business Travel Services Goods Master Purchase Agreement Agreements with reference to the rates price quoted by other independent third party service providers of comparable goods or services, in order to ensure that the transactions entered into under such agreement agreements are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees price offered by independent third party service providers for comparable goods or services, the Group will take into consideration consideration (i) terms of market transaction of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees price payable by the Group pursuant to the 2024 Business Travel Services Goods Master Purchase AgreementAgreements, to ensure the terms of the agreement agreements are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable receivable under the 2024 Business Travel Joint Marketing Services Master Purchase Supply Agreement with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions entered into under such agreement agreements are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable services, the Group will take into consideration (i) terms of market transaction of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable receivable by the Group pursuant to the 2024 Business Travel Joint Marketing Services Master Purchase Supply Agreement, to ensure the terms of the agreement are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable receivable under the 2024 Business Travel Delivery Services Master Purchase Agreement Supply Agreements with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions entered into under such agreement agreements are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable services, the Group will take into consideration (i) terms of market transaction of a terms with similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable receivable by the Group pursuant to the 2024 Business Travel Delivery Services Master Purchase AgreementSupply Agreements, to ensure the terms of the agreement agreements are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable prices receivable under the 2024 Business Travel Services Goods Master Purchase Agreement Supply Agreements with reference to the rates price quoted by other independent third party service providers of comparable goods or services, in order to ensure that the transactions entered into under such agreement agreements are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees prices offered by independent third party service providers for of comparable goods or services, the Group will take into consideration consideration (i) terms of market transaction transactions of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable prices receivable by the Group pursuant to the 2024 Business Travel Services Goods Master Purchase AgreementSupply Agreements, to ensure the terms of the agreement agreements are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable under the 2024 Business Travel Services Equipment Master Purchase Agreement Agreements with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions entered into under such agreement are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable equipment or services, the Group will take into consideration (i) terms of market transaction transactions of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable by the Group pursuant to the 2024 Business Travel Services Equipment Master Purchase AgreementAgreements, to ensure the terms of the agreement agreements are in the interest of the Group.

General transaction principles. The Group shall conduct reviews and evaluations of the fees payable under the 2024 Business Travel Payment Services Master Purchase Agreement with reference to the rates quoted by other independent third party service providers of comparable services, in order to ensure that the transactions entered into under such agreement are conducted on normal commercial terms. Where it is impracticable to make reference to the rate of the service fees offered by independent third party service providers for comparable services, the Group will take into consideration (i) terms of market transaction transactions of a similar size and nature recently entered into by the Group or independent third party(ies), and the latest market information of such independent third party provider(s); and (ii) the cooperative specifications, cost structure, profit margin, market condition and development strategy in determining the rate for the fees payable by the Group pursuant to the 2024 Business Travel Payment Services Master Purchase Agreement, to ensure the terms of the agreement are in the interest of the Group.