Intra-Group transactions. All transactions between any companies in the Group shall be on commercial terms, and shall comply with all applicable provisions of applicable corporate law applicable to such transactions, including, in respect of Norwegian companies, Section 3-9 of the Private or Public Limited Companies Xxx 0000.
Intra-Group transactions enter into any transactions, agreements or arrangements with any of their Related Companies or other members of the Group other than on an arm's length basis and for full value and consideration; or
Intra-Group transactions. The Company has not, at any time within the six year period prior to the Accounts Date, acquired any asset from any other company which was, at the time of the acquisition, a member of the same group of companies as the Company for the purposes of any tax.
Intra-Group transactions. Save in respect of the Reorganisation, no Company owns any asset which it acquired within the period of six years ending on the date of this Agreement from another company which was at the date of acquisition a member of the same group of companies as that Company.
Intra-Group transactions. 22.28.1 Without the consent of the Agent, no member of the Group may enter into any transaction (whether by way of disposal, investment, loan, borrowing, guarantee or otherwise) with, or in respect of the obligations of, any other member of the Group save and except where such transaction is a Permitted Transaction and is not unlawful under any law or regulation in any relevant jurisdiction including under any applicable financial assistance legislation.
22.28.2 Without the consent of the Agent, no member of the Group may enter into any transaction (whether by way of disposal, investment, loan, borrowing, guarantee or otherwise) with, or in respect of the obligations of, Enstar or any of its Subsidiaries (excluding other members of the Group) where the value of such transaction exceeds US$100,000 save and except where such transaction is conducted in the ordinary course of trading on arm’s length terms or is a Permitted Transaction.
22.28.3 If the relevant intra-Group transaction contemplated by Clause 22.28.1 above:
(a) is a disposal of assets from one Obligor to another and if Transaction Security had been granted by the Obligor disposing of such asset then the asset must be either transferred subject to such Security or the acquiring Obligor must grant equivalent Security over that asset in favour of the Security Agent; or
(b) results in Financial Indebtedness being owed by an Obligor to another Obligor then the creditor of such Financial Indebtedness shall grant Security over its rights in respect of such Financial Indebtedness in favour of the Lenders on terms acceptable to the Agent (acting on the instructions of the Majority Lenders).
Intra-Group transactions. No Group Member has, at any time within the last six years, acquired any asset (other than as trading stock) from any other company (including another Group Member) which was, at the time of the acquisition, a member of the same group of companies as that Group Member for the purposes of any Tax.
Intra-Group transactions other than in respect of Financial Indebtedness that is provided to it by a Subordinated Lender, enter into any transactions or agreements with any other member of the Group other than on an arm’s length basis and for full consideration;
Intra-Group transactions ensure all transactions between it and other members of the Group, whether or not otherwise permitted hereunder, shall be on arm's length commercial terms;
Intra-Group transactions. No member of the Group has, at any time within the last six years, acquired any asset from any other company (including another member of the Group) which was, at the time of, and in relation to, the acquisition, a member of the same group of companies as that member for the purposes of any Tax.
Intra-Group transactions. (a) No Group Company has acquired any asset other than trading stock from any member of the Seller’s Group.
(b) All related party transactions to which Cyberview Czech is or has been a party have always been made in accordance with Section 196a of the Commercial Code of the Czech Republic.
