Non-Arm’s Length Sample Clauses
Non-Arm’s Length. Transactions All agreements, arrangements or transactions between any Obligor, on the one hand, and any Associate of, Affiliate of or other Person not dealing at Arm’s Length with such Obligor, on the other hand (other than another Obligor), in existence at the date hereof are set forth on Schedule 8.01(35) or are otherwise permitted pursuant to Section 9.04(19).
Non-Arm’s Length. Transactions Effect any transactions with any Person (other than an Obligor) not dealing at Arm’s Length with the transacting Obligor except for (i) those transactions identified in Schedule 8.01(35) on the Effective Date; (ii) the payment and receipt of Permitted Distributions; (iii) transactions permitted under Section 9.04(5); (iv) technical and administrative service agreements on commercially reasonable terms between any of JustEnergy or JEC and its Subsidiaries and the provision of the services contemplated thereby; and (v) sales arrangements on commercially reasonable terms between an Obligor and an Unrestricted Subsidiary with respect to the Business.
Non-Arm’s Length. Transactions
Non-Arm’s Length. EACH OF THE PARTIES HERETO RECOGNIZES AND AGREES THAT THIS AGREEMENT AND CERTAIN DECISIONS AND/OR ACTIONS WHICH MAY BE MADE OR TAKEN PURSUANT TO OR IN CONNECTION WITH THIS AGREEMENT AND/OR OTHER AGREEMENTS, ARRANGEMENTS OR RELATIONS MAY NOT HAVE BEEN OR MAY NOT IN THE FUTURE BE THE RESULT OF ARMS-LENGTH NEGOTIATIONS, AND AS A RESULT MAY BE MORE OR LESS FAVORABLE TO ONE PARTY OR THE OTHER THAN MIGHT OTHERWISE RESULT.
Non-Arm’s Length. Dealing means, in relation to a member of the JHINV Group, any transaction or dealing:
Non-Arm’s Length. Transactions - Neither the Seller nor any Person not dealing at arm's length with the Seller:
(a) owns, directly or indirectly, any interest in or is an employee, consultant to or agent of, an entity which is a competitor, lessor, lessee, customer or supplier of the Target;
(b) owns, directly or indirectly, any interest in any property or asset of the Target;
(c) is a party to any Contract with the Target, save and except as contemplated by the Employment Agreement; or
(d) has any indebtedness, liability or obligation to the Target.
Non-Arm’s Length. Transactions- Since November 30, 1999, the Corporation has not made any payment or loan to or borrowed any money from and is not otherwise indebted to, any officer, director, Employee, shareholder or any other Person not dealing at arm's length with the Corporation except as disclosed in the Financial Statements and except for usual Employee reimbursements and compensation paid in the ordinary and normal course of the Business. The Corporation is not a party to any Contract with any officer, director, Employee, shareholder or any other Person not dealing at arm's length with the Corporation. No officer, director or shareholder of the Corporation and no entity which is an Affiliate or Associate of one or more of such individuals; (i) owns, directly or indirectly, any interest in (except for shares representing less than one percent of the outstanding shares of any class or series of any publicly traded company) or is an officer, director, employee or consultant of, any Person which is, or is engaged in business as, a competitor of the Business or the Corporation or a lessor, lessee, supplier, distributor, sales agent or customer of the Business or the Corporation; (ii) owns, directly or indirectly, in whole or in part, any property that the Corporation uses in the operation of the Business; or (iii) has any Claim whatsoever against or owes any amount to the Corporation in connection with the Business, except for any liabilities reflected in the Financial Statements and claims in the ordinary and normal course of business such as for accrued vacation pay and accrued benefits for Employees.
Non-Arm’s Length. Transactions - It shall not enter into any material transaction or agreement with any Person which is not at arm’s length with the Borrower unless such transaction or agreement is on terms no less favourable to it as would be obtainable in a comparable transaction with a Person which is at aim’s length with the Borrower.
Non-Arm’s Length. Transactions - Neither they nor any Person not dealing at arm's length with them:
(a) owns, directly or indirectly, any interest in or is an employee, consultant to or agent of, an entity which is a competitor, lessor, lessee, customer or supplier of the Company;
(b) owns, directly or indirectly, any interest in any property or asset of the Company;
(c) is a party to any Contract with the Company, save and except as contemplated by the Employment Agreements; or
(d) has any indebtedness, liability or obligation to the Company. The Company is not indebted or otherwise obligated to them or any Person not dealing at arm's length with them.
Non-Arm’s Length. Transactions - The Company has not entered into any contracts, agreements, options, or arrangements or incurred or assumed any obligation or liability (whether fixed or contingent) with, on behalf of, or with respect to the Vendor or other "non-arm's length person" (as that term is defined in the Income Tax Act (Canada)) or a Related Person, whether jointly or severally.