Most Favored Nation definition
Most Favored Nation. STATUS OF STATE
Most Favored Nation means that services are offered to a party on terms and conditions, including price, that are at least as favorable as those offered to other parties that are comparable in size and scope;
Most Favored Nation. Clause: No agreement shall be made by the Union with other employers in this industry which contains any terms more favorable to any employer than the terms in this Agreement, including Territorial Jurisdiction. The Union agrees to inform the Companies signatory to this Agreement upon the signing of this Agreement by any new signatory.
Examples of Most Favored Nation in a sentence
The Most Favored Nation Treatment provisions do not apply to the dispute settlement mechanisms provided for in other international agreements.
In addition, Most Favored Nation status does not allow application of the preference.
For each product the basic duty to which successive reductions set out in this Agreement are to be applied shall be the Most Favored Nation (MFN) duty that was in force in the Parties on the date of entry into force of this Agreement.
No assurance is intended as to the potential effects of the Company's Series A Preferred Stock Most Favored Nation provision.
The parties recognize that PFPC intends to have a standard fee schedule for CIP Fees charged to its full-service transfer agency clients, and that the language in the immediately preceding sentence is necessary in lieu of language operating similar to a "Most Favored Nation" clause because, notwithstanding this intention, PFPC may be prohibited from charging certain clients for CIP services.
More Definitions of Most Favored Nation
Most Favored Nation. The Manager has provided TIP a true and complete copy of each agreement, written or oral, waiver, side letter or similar understanding (each, a “Related Agreement”) entered into on or prior to the date hereof by the Manager or any of its affiliates with any investor or client following a substantially similar strategy to be used by the Manager with respect to the Managed Assets. If, at any time after the date hereof, the Manager or any of its affiliates enter into any agreement, written or oral, waiver, side letter or similar understanding, or amend or waive any Related Agreement) (each a “Future Side Letter”), with any terms that are more favorable than the rights granted to the Fund pursuant to the Agreement, then, following the binding execution thereof, (a) the Manager shall promptly disclose such terms to TIP in writing, and (b) the Fund may elect, in writing to the Manager within 60 days of its receipt of such disclosure, to receive the benefit of such favorable terms and such terms will be deemed to be incorporated into the Agreement, mutatis mutandis, for the benefit of the Fund effective as of the date they become effective with respect to the parties to the Future Side Letter; provided that, if any of the more favorable rights are subject to any condition or obligation set forth in the applicable Future Side Letter, then the grant of such rights or benefits to the Fund will be contingent on the Fund’s agreement to be bound by any such condition or obligations. Without limiting any of the foregoing, the Fund shall not be bound by or precluded from any of its rights above by any statement in any Future Side Letter designating any term thereof as being exempt from or otherwise not subject to the Fund’s most favored rights under this paragraph or any other portion of the Agreement. Notwithstanding the foregoing, this provision shall not apply to any letter or similar agreement (i) relating to the transfer of interests in L▇▇▇▇▇▇ ▇▇▇▇▇ Capital Partners LP or the admission of a substitute limited partner to that fund, (ii) relating to confidentiality or the disclosure (or manner of delivery) of any confidential matter, (iii) arising from any regulation, law, tax or written policy imposed on or applying to the recipient of the provision (unless the Fund is subject to the same or materially similar regulation, law, tax or written policy), (iv) relating to the initial strategic investor’s revenue sharing arrangement, as described in the Confidential Offer...
Most Favored Nation pricing means revenue sharing on terms no less favorable to Microsoft than those granted by FairMarket to other FairMarket Network members for a comparable service.
Most Favored Nation or MFN means the country which is the recipient of this treatment must receive equal trade advantages as the "most favored nation" by the country granting such treatment.
Most Favored Nation. Provision. The Company hereby represents and warrants to Intel that neither the Company nor any of the Company’s affiliates has, within the past two years: (i) entered into a Less Restrictive Standstill Agreement; or (ii) entered into any confidentiality agreement or similar agreement with, or provided any non-public information to, any actual or potential investor or acquiror that did not become bound by a standstill or similar provision in favor of the Company. The Company agrees that if, at any time during the Standstill Period, the Company or any of its affiliates enters into a Less Restrictive Standstill Agreement, then (A) the Company shall immediately notify Intel in writing of the terms of such Less Restrictive Standstill Agreement; and (B) this Section 4 shall automatically be deemed to have been amended: (1) to delete those portions of this Section 4 that are more restrictive than the corresponding portions of the Less Restrictive Standstill Agreement, and to replace such portions of this Section 4 with such corresponding (less restrictive) portions of the Less Restrictive Standstill Agreement; and (2) to delete those portions of this Section 4 that do not appear in such Less Restrictive Standstill Agreement. The Company agrees that, if, at any time during the Standstill Period, the Company or any affiliate of the Company enters into any confidentiality agreement or similar agreement with, or provides any non-public information to, any actual or potential investor or acquiror that is not bound by a standstill or similar provision in favor of the Company, then this Section 4, and all of Intel’s obligations set forth in this Section 4, shall immediately terminate and cease to be of any further force or effect. For purposes of this Section 4(b), “Less Restrictive Standstill Agreement” means any agreement between the Company or any of its affiliates, on the one hand, and any individual or any corporation, partnership, entity, group (a “Person”), on the other hand, that contains a standstill or similar provision binding on such Person that is shorter in duration or otherwise less restrictive in any respect than the provision set forth in this Section 4.
Most Favored Nation status means that, taken as a whole and not individually, the commission rates, terms, and conditions offered to WCG under this Agreement are no less favorable than the commission rates, terms, and conditions, taken as a whole and not individually, provided to any other CNC agent. CNC will provide a nationally recognized independent third party auditor retained by WCG access upon fifteen (15) days prior notice, at WCG's expense, to other active agency agreements with CNC as a means by which WCG can ensure to its satisfaction that it is receiving "Most Favored Nation" status. If such auditor determines that another agent has more favorable commission rates, terms and conditions, then CNC will give WCG the opportunity to substitute all of the commission rates, terms and conditions that apply to such other agent for the commission rates, terms and conditions of this Agreement. . Remuneration will be in the form of credit going forward and will not be adjusted on past financial statements. Remuneration will applied if the material amount is greater than 10%.Said auditor shall be limited to one (1) audit per year for no longer than five (5) days and shall conduct the audit during normal business hours in a manner which will not unduly disrupt CNC's operations. The results of the audit shall be deemed Confidential Information.
Most Favored Nation. To the extent any holder of any class or series of preferred stock of the Company outstanding at the time of conversion has any additional or more favorable rights, the holders of Preferred Stock will be afforded the same rights.
Most Favored Nation. Clause. For as long as Purchaser or any of its Affiliates (each a “Purchaser Party”) is a holder of capital stock in the Company or any successor thereto, the Company shall not grant to any other holder (beneficial or otherwise) of capital stock in the Company or securities convertible into, or exercisable or exchangeable for, capital stock in the Company rights and/or terms with respect to such capital stock (or with respect to such holder’s status as a holder of such capital stock) more favorable than the rights and/or terms then held by any Purchaser Party, unless the Company also grants such favorable terms to such Purchaser Party.