Preferential Business Relationships Sample Clauses

Preferential Business Relationships. 2.1 GE Capital as Preferred Provider of Financing Services. (i) The Company shall arrange for the acceptance of credit, debit cards, and other payment cards issued by General Electric Company and any of its subsidiaries or any of their respective clients in POS Terminals and ATMs controlled or operated by the Company, to the extent so requested by General Electric Company or any of its subsidiaries, pursuant to agreements containing customary terms and conditions and negotiated in good faith. Both parties agree that the Company will not be compelled to make system/network changes as a result of this provision which will have substantial negative economic impact on the company. In furtherance thereof, the Company shall ensure that all such POS Terminals and ATMs are technologically compatible with credit, debit and payment cards issued by General Electric Company or any of its subsidiaries or any of their respective clients. For the purposes of the Agreement references to "POS Terminals" and "ATMs", being point of sale terminals and automatic teller machines shall be deemed to refer to all comparable machines that exist today, as well as any comparable machines that may be developed thereafter which will have greater functionality, wider applications and greater benefits for both operators and end users. (ii) The Company, including all of its affiliates, shall use GE Capital as its preferred provider of financing for acquisitions of POS Terminals and ATMs in the European Territory as provided in this Section 2.1. In the event that the Company seeks at any time during the Cooperation Term (as hereafter defined) to obtain financing for the acquisition of new POS Terminals and ATMs in any country within the European Territory, it shall notify GE Capital in writing of the amount and time frames of the financing (the "Financing Requirements") and shall permit GE Capital to submit an offer to provide such financing to the Company (the "GE Capital Offer"). The Company shall provide GE Capital with any commercial information relating to the financing required by the Company reasonably requested for the purpose of formulating the GE Capital Offer. The Company shall accept the GE Capital Offer unless (i) GE Capital fails to provide its offer within thirty (30) days after the date of receipt of the Financing Requirements and any information it reasonably requested to formulate the GE Capital Offer or (ii) the Company obtains in writing an alternative provider of finan...
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Related to Preferential Business Relationships

  • Business Relationships There are no business relationships or related party transactions involving the Company or any other person required to be described in the Registration Statement, the Pricing Disclosure Package and the Prospectus that have not been described as required.

  • Certain Business Relationships Neither Parent nor any of its affiliates is a party to any Contract with any director, officer or employee of the Company or any Company Subsidiary.

  • Business Relations Neither the Company nor Seller knows or has good reason to believe that any customer or supplier of the Company will cease to do business with the Company after the consummation of the transactions contemplated hereby in the same manner and at the same levels as previously conducted with the Company except for any reductions which do not result in a Material Adverse Change. Neither Seller nor the Company has received any notice of any material disruption (including delayed deliveries or allocations by suppliers) other than the Konica Slowdown, in the availability of any material portion of the materials used by the Company nor is the Company or Seller aware of any facts which could lead them to believe that the Business will be subject to any such material disruption.

  • Non-Interference with Business Relationships a. Employee acknowledges that, in the course of employment, Employee will learn about Company’s business, services, materials, programs and products and the manner in which they are developed, marketed, serviced and provided. Employee knows and acknowledges that the Company has invested considerable time and money in developing its product sales and real estate development programs and relationships, vendor and other service provider relationships and agreements, store layouts and fixtures, and marketing techniques and that those things are unique and original. Employee further acknowledges that the Company has a strong business reason to keep secret information relating to Company’s business concepts, ideas, programs, plans and processes, so as not to aid Company’s competitors. Accordingly, Employee acknowledges and agrees that the protection outlined in (b) below is necessary and reasonable. b. During the Restricted Period, Employee will not, on Employee’s own behalf or on behalf of any other person or Entity, solicit, contact, call upon, or communicate with any person or entity or any representative of any person or entity who has a business relationship with Company and with whom Employee had contact while employed, if such contact or communication would likely interfere with Company’s business relationships or result in an unfair competitive advantage over Company.

  • Business Relationship The relationship between a landlord and tenant is a business relationship. A courteous and businesslike attitude is required from both parties. We reserve the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, is under the influence, is argumentative, or in general displays an attitude at the time of the unit showing and application process that causes management to believe we would not have a positive business relationship.

  • Certain Business Relationships With Affiliates No Affiliate of the Company (a) owns any property or right, tangible or intangible, which is used in the business of the Company, (b) has any claim or cause of action against the Company, (c) owes any money to, or is owed any money by, the Company or (d) is a party to any contract or other arrangement (written or oral) with the Company.

  • Relationships Nothing contained in this Agreement shall be deemed to constitute either party a partner, joint venturer or employee of the other party for any purpose.

  • Customer and Other Business Relationships After the Closing, Seller will cooperate with Buyer in its efforts to continue and maintain for the benefit of Buyer those business relationships of Seller existing prior to the Closing and relating to the business to be operated by Buyer after the Closing, including relationships with lessors, employees, regulatory authorities, licensors, customers, suppliers and others, and Seller will satisfy the Retained Liabilities in a manner that is not detrimental to any of such relationships. Seller will refer to Buyer all inquiries relating to such business. Neither Seller nor any of its officers, employees, agents or shareholders shall take any action that would tend to diminish the value of the Assets after the Closing or that would interfere with the business of Buyer to be engaged in after the Closing, including disparaging the name or business of Buyer.

  • Customer Relationships The Executive understands and acknowledges that the Company has expended significant resources over many years to identify, develop, and maintain its clients. The Executive additionally acknowledges that the Company’s clients have had continuous and long-standing relationships with the Company and that, as a result of these close, long-term relationships, the Company possesses significant knowledge of and confidential information about its clients and their needs. Finally, the Executive acknowledges the Executive’s association and contact with these clients is derived solely from Executive’s employment with the Company. The Executive further acknowledges that the Company does business throughout the United States and that the Executive personally has significant contact with the Company’s clients and customers solely as a result of Executive’s relationship with the Company.

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

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