Transactions with shareholders, directors and affiliated companies. (i) The Issuer shall cause all transactions between any Group Company and (i) any shareholder thereof not part of the Group, (ii) any company in which any Group Company holds more than 10 per cent of the shares, or (iii) any company, person or entity controlled by or affiliated with any of the foregoing, to be entered on commercial terms, not less favourable to the Group Company than would have prevailed in an arms’ length transaction with a third party.
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Samples: Bond Agreement, Bond Agreement, Bond Agreement
Transactions with shareholders, directors and affiliated companies. (i) The Issuer shall cause all material transactions between any Group Company and (i) any shareholder thereof not being part of the Group, (ii) any director or senior member of management of any company in the Group, (iii) any company in which any company in the Group Company holds more than 10 per cent of the shares, or (iiiiv) or any Norsk Tillitsmann ASA company, person or entity controlled by or affiliated with any of the foregoing, to be entered into on commercial terms, not less favourable to the Group Company than would have prevailed in an arms’ length transaction with a third party.
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