Best Terms definition

Best Terms means, with respect to any Data, other product or service provided to the Spinco Group under this Agreement, the lowest prices and most favorable terms afforded by any member of the PGS Group to a customer (i) whose contractual relationships with the PGS Group are of a size generally comparable to those of Spinco and its subsidiaries, taken as a whole, with the PGS Group, and (ii) acquiring a similar or lesser volume of such Data, other product or service.
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Examples of Best Terms in a sentence

  • In each transaction contemplated under the Reset Provision where at least one term is more favorable than the current list of Best Terms, Executive can elect to add that term by itself or terms by themselves to the current list of Best Terms.

  • Magnitude and Executive agree to convert, conditional upon Magnitude's obligations and covenants being fulfilled as defined in this Agreement, the Conversion Value at the Best Terms.

  • In the event of a New Transaction, the Reset Provision provides that additional rights and/or securities will be granted, issued and delivered to Executive, at Executive's Option, in order to reflect the Conversion Value being converted at the more favorable conversion terms (the "Adjusted Conversion Terms") which are added to the current list of Best Terms.

  • At the date of this Agreement, the Best Terms include, inter alia, conversion of cash or debt into securities at the rate of $0.02 per share of common stock par value $.0001 of Magnitude (the "Common Stock") and accompanying every two shares of Common Stock is one three-year warrant to purchase one share of Common Stock at $0.05 (the "Original Conversion Terms").

  • It is anticipated in this Agreement that Magnitude may at any time during the Reset Period enter into a transaction or agreement which provides for either an equity investment or the conversion of debt or other securities into equity of Magnitude where at least one term is more favorable than any of the current Best Terms at the time (the "New Transaction").

  • Such services (the "Services") shall be provided by the PGS Group on Best Terms until the Spinco Group has received Services costing $10,000,000.

  • Audit and Reports 6 Bonds 7 Indemnification 7 Intellectual Property Indemnification 7 Intellectual Property Warranty 8 PSC-22 Data Protection 9 Insurance Best Terms Warranty and Responsibility of Contractor 10 Mandatory Provisions Pertaining to Non-Discrimination in Employment 10 Child Support Assignment Orders 10 Living Wage Ordinance..........................................

Related to Best Terms

  • Support Terms means the detailed description of the applicable Support Services as specified at ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/corp/legal/.

  • Use Terms means the Software Use Rights document as defined in the Order Form.

  • Standard Terms and Conditions or “Standard Terms” means these terms and conditions for the grant of the Loan to the Borrower by ABFL.

  • URL Terms means the terms with which Customer must comply, which are located at a URL, referenced in this Agreement and are hereby incorporated by reference.

  • Relevant Terms and Conditions means terms and conditions relating to: