commercial transactions definition
commercial transactions means transactions between undertakings or between undertakings and public authorities which lead to the delivery of goods or the provision of services for remuneration;
commercial transactions. The Note Trustee shall not, and no director, officer or employee of any corporation being a Note Trustee hereof shall by reason of the fiduciary position of the Note Trustee be in any way precluded from making any commercial contracts or entering into any commercial transactions with any party to the Current Issuer Transaction Documents, whether directly or through any subsidiary or associated company, or from accepting the trusteeship of any other debenture stock, debentures or securities of any party to the Current Issuer Transaction Documents, and without prejudice to the generality of these provisions, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending monies upon or making payments in respect of or any stock, shares, debenture stock, debentures or other securities of any party to the Current Issuer Transaction Documents or any contract of banking or insurance of any party to the Current Issuer Transaction Documents and neither the Note Trustee nor any such director, officer or employee shall be accountable to any Noteholder or to any party to the Current Issuer Transaction Documents for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions, and the Note Trustee and any such director, officer or employee shall also be at liberty to retain the same without accounting therefor.
commercial transactions means transactions relating to the trade in goods between parties whose places of business are in different territories;
More Definitions of commercial transactions
commercial transactions means transactions relating to the sale of goods between parties whose places of business are in different territories;
commercial transactions means any transaction of a commercial nature, whether contractual or not, which includes any matters relating to the supply or exchange of goods or services, agency, investments, financing, banking and insurance;
commercial transactions mean transactions relating to the sale of goods between parties whose places of business are in different territories.
commercial transactions means transactions between two or more natural or legal persons carrying on a trade or profession acting in the course of their business, or between such persons and public authorities, which lead to delivery of goods or provision of services for remuneration;
commercial transactions means transactions between undertakers or between undertakers and public authorities which lead to the delivery of goods or the provision of services for remuneration;
commercial transactions means selling or purchasing or both selling and purchasing by any person in the course of employ-
commercial transactions means selling or purchasing or both selling and purchasing by any person in the course of employment in, or in the carrying on of, a trade or business. To the extent a non-profit orga- nization or charity is selling a tangible product or is offering a tangible product with the expectation of thereby obtaining an immediate and direct contribution, this aspect of the entity’s activity shall be deemed for the purposes of this rule to be a commercial transaction;