Examples of Affiliated Transaction in a sentence
Without the approval of a majority of the Disinterested Directors, Investor shall not, and shall not permit any of the Investor Parties to, engage in any Affiliated Transaction.
For the avoidance of doubt, action by a member of the board of directors of the Borrower or management of the Borrower, by a member thereof, in their capacity as such person, which person is also an Affiliate shall not be deemed an Affiliated Transaction.
The Affiliated Transaction carried out by the Company has complied with the procedures as set forth in Article 3 of POJK 42/2020 and has been executed in accordance with generally accepted business practices.
However, this Affiliated Transaction is not a Transaction with Conflict of Interest as set forth in POJK 42/2020.
The Board of Directors shall designate an Executive Committee, an Audit Committee, a Compensation Committee, a Committee on Directors, a Public Issues Review Committee, a Retirement Plan Review Committee, an Affiliated Transaction Committee, and a Committee on Corporate Governance, each of which shall have and may exercise the powers and authority of the Board of Directors to the extent hereinafter provided.