Sales to Related Parties. No sale or transfer of shares of Capital Stock by the Shareholder to a Related Party will be subject to the provisions of Section 6.02; provided, however, that such Related Party first agrees to assume the obligations of the Shareholder (without relieving the Shareholder of any obligations under this Agreement) under this Agreement with respect to the shares of Capital Stock thereby acquired by it and to be bound by the same terms and conditions that apply to the Shareholder under this Agreement and the Purchase Agreement in a written instrument in a form and substance satisfactory to the Holders.
Sales to Related Parties. If, in any Quarter, the Payer sells, assigns or otherwise disposes of Products derived from the Tenements to a Related Body Corporate, or a Related Entity of the Payer, or a company in which the Payer has a beneficial interest on terms that are not Arm's Length Terms, the Payer is deemed to have received revenue equivalent to the Average Spot Price multiplied by the quantity of the Products so sold or assigned by the Payer during that Quarter and such deemed revenue must be included in the calculation of the Royalty payable for the relevant Quarter.
Sales to Related Parties. No sale or transfer of shares of Capital ------------------------ Stock of the Company by any Holder to a Related Party of any Holder will be subject to the provisions of Section 3.02 or 3.03, provided that such Related ------------ ---- Party first agrees to assume the obligations of such Holder (without relieving such Holder of any obligations under this Agreement) under this Agreement with respect to the shares of Capital Stock of the Company thereby acquired by it and to be bound by the same terms and conditions that apply to such Holder under this Agreement, the Amended and Restated Articles and the Purchase Agreement, in each case pursuant to a written instrument in a form and substance satisfactory to the other Holders.
Sales to Related Parties. Liquidity.........................................................
Sales to Related Parties. (a) No sale or transfer of shares of Capital Stock by the Shareholder to a Related Party will be subject to the provisions of Section 5.02(a), (b), or (c); provided, however, that such Related Party first agrees to assume the obligations of the Shareholder (without relieving such Shareholder of any obligations under this Agreement) under this Agreement with respect to the shares of Capital Stock thereby acquired by it and to be a "Shareholder" as such term is used in this Agreement in a written instrument in a form and substance satisfactory to the Holders.
(b) For purposes of this Section 5.03, "Related Party" means the spouse of lineal descendents of the Selling Shareholder or an entity wholly owned by the Selling Shareholder and/or one or more Related Parties or a trust solely for the benefit of the Selling Shareholders or one or more Related Parties.
Sales to Related Parties. If Company sells any Licensed Products to any party affiliated with Company, or in any way directly or indirectly related to or under common control with Company, at a price less than the regular price charged to other parties, the royalties payable to Licensor hereunder shall be computed on the basis of the regular price charged to other parties.
Sales to Related Parties. On sales of Licensed Products by Licensee to sublicensees or on sales made in other than arm's-length transactions, the value of the Net Sales attributed under this Section 4 to such a transaction shall be that which would have been received in an arm's-length transaction, based on a like transaction at that time.
Sales to Related Parties. If, in any Quarter, the Payer sells, assigns or otherwise disposes of Products derived from the Mining Area to a Related Entity, or a company in which the Payer has a beneficial interest on terms that are not Arm’s Length Terms, the Payer is deemed to have received revenue equivalent to the Average Spot Price multiplied by the quantity of the Products so sold or assigned by the Payer during that Quarter and such deemed revenue must be included in the calculation of the Royalty payable for the relevant Quarter.
Sales to Related Parties. No sale or transfer of shares of Capital Stock by the Stockholder to a Related Party will be subject to the provisions of Section 6.02; provided. however that such Related Party first agrees to assume the obligations of the Initial Stockholder or Subsequent Stockholder (without relieving the Initial Stockholder or Subsequent Stockholder of any obligations under this Agreement) under this Agreement with respect to the shares of Capital Stock thereby acquired by it and to be bound by the same terms and conditions that apply to the Initial Stockholder or Subsequent Stockholder under this Agreement in a written joinder agreement in a form and substance satisfactory to the Purchasers.
Sales to Related Parties. The Payor will be permitted to sell Mineral Products in the form of raw ore or concentrates to an Affiliate of the Payor or to any shareholder of the Payor and those sales will be deemed, for the purposes of calculating payments owing to the Payee under the NSR, to have been sold at prices and on terms no less favourable to the Payor than those which would be extended by an unaffiliated third party in an arm’s length transaction under similar circumstances.
