Examples of Commercial Party in a sentence
None of the Parties may assign or transfer this Agreement as a whole, or any of its rights or obligations under it, without first obtaining the written consent of all of the other Parties[, except that a Commercial Party may assign this Agreement as a whole to a Group Company without the consent of the other Parties].
Any hospitality given to a Commercial Party must: (i) not be in breach of applicable laws; (ii) be reasonable; (iii) be proportionate; (iv) directly relate to a legitimate business purpose; and (v) be made in good faith.
When a Third Party Associate is used to interact with a Government Official or Commercial Party on behalf of GasLog, all payments to that Third Party Associate must be commensurate with the service being provided and before such payments are made, adequate details about the services provided must be supplied.
Expenses incurred by a Third Party Associate on GasLog’s behalf when doing business with a Government Official or Commercial Party must conform to this Policy and be accompanied by the records and expenses forms required for GasLog Personnel.
When a Third Party Associate is used to interact with a Government Official or Commercial Party on behalf of GasLog Partners, all payments to that Third Party Associate must be commensurate with the service being provided and before such payments are made, adequate details about the services provided must be supplied.