Most Favoured Terms Sample Clauses

Most Favoured Terms. The Company, the holders of Ordinary Shares, the Founders and the Key Holders shall ensure that if the Company completes a future financing with terms more favorable (the “Investor Favorable Terms”) than the rights, privileges and preference attached to the Series B Preferred Shares as provided herein and in the Memorandum and Articles to investors other than the holders of the Series B Preferred Shares, the holders of the Series B Preferred Shares shall have the right to acquire such Most Favorable Terms and apply such terms to each Series B Preferred Share, and the holders of the Series A Preferred Shares will benefit from and be granted Investor Favorable Terms in terms of rights of participation and rights of first refusal and co-sale right.

Most Favoured Terms. 13.1 With regard to any future equity capital raising or equity financing transaction by the Company or any other Group Company, no Group Company shall enter into any contract, agreement or understanding, whether written, oral, express or implied that has the effect of establishing rights or otherwise benefiting any existing or future investor in a manner more favourable in any respect than the rights and benefits established in favour of the Investors under the Share Purchase and Subscription Agreement and this Agreement unless, in each such case, the Investors are offered the opportunity to receive the rights and benefits of such contract, agreement or understanding as soon as is reasonably practicable thereafter; 13.2 Within ten (10) Business Days after each Investor receives a copy of such contract, agreement or understanding or otherwise receives notice of such right or benefit under Clause 13.1 above, such Investor may elect to accept such offer by notice to the Company in writing; and 13.3 The grant of such right or benefit under Clause 13.1 above to an Investor will be contingent upon its agreement to be bound by any such restriction, limitation or obligation that would have bound any other person offered such rights or benefits.

Most Favoured Terms. XXX.XXX represents, warrants, and covenants that: -------------------- (i) the prices, terms and conditions contained in this Agreement are at least as favourable as the prices, terms and conditions made available by XXX.XXX to any other party who has entered into a commercial transaction with XXX.XXX relating to the operation of a business-to-retail customer E- Commerce Service in the Territory; and (ii) between the Effective Date and August 31, 1998, XXX.XXX shall not grant to any third party prices, terms or conditions more favourable than those contained in the Share Subscription Agreement between XXX.XXX and Rogers dated July 28, 1998 (the "Share Subscription Agreement"). Without limiting the generality of the foregoing, in the event that XXX.XXX enters into a similar commercial transaction with a third party relating to the operation of a business-to-retail customer E-Commerce Service in the Territory on prices, terms or conditions that are more favourable than the prices, terms and conditions made available to Rogers hereunder, or grants to any third party prices, terms or conditions more favourable than those contained in the Share Subscription Agreement between the Effective Date and August 31, 1998, then XXX.XXX agrees to make such more favourable prices, terms or conditions available to Rogers. Rogers may, in its sole discretion, retain an independent third party auditor to audit the books and records of XXX.XXX in order to verify XXX.XXX's compliance with this representation, warranty and covenant.