Related Party Transaction definition

Related Party Transaction means any transaction directly or indirectly involving any Related Party which is a transfer of resources, services or obligations between a company and a related party, regardless of whether a price is charged.

Related Party Transaction means a transfer of resources, services or obligations between a listed entity and a related party, regardless of whether a price is charged and a "transaction" with a related party shall be construed to include a single transaction or a group of transactions in a contract:

Related Party Transaction means any transaction between the Company and any Related Party for transfer of resources, services or obligations, regardless of whether a price is charged and includes –

Examples of Related Party Transaction in a sentence

• The Audit Committee shall consider all of the relevant facts and circumstances regarding the Related Party Transaction, and shall evaluate all options available to the Company, including ratification, revision or termination of the Related Party Transaction.

• In connection with any review / approval of a Related Party Transaction, the Audit Committee has authority to modify or waive any procedural requirements of this Policy.

• If the Audit Committee is of the opinion that the Related Party Transaction meets the aforesaid criteria of ordinary course of business and the arm's length nature, the Related Party Transaction will not be treated as a Related Party Transaction for the purpose of this Policy.

• The Chief Financial Officer (CFO) in consultation with the members of the Audit Committee, as appropriate, would determine whether the transaction does, in fact, constitute a Related Party Transaction requiring compliance with this Policy.

• In any case, where the Audit Committee determines not to ratify a Related Party Transaction that has been commenced without approval, the Audit Committee, as appropriate, may direct additional actions including but not limited to, discontinuation of the transaction or seeking the approval of the Shareholders, payment of compensation for the loss suffered by the Related Party etc.

More Definitions of Related Party Transaction

Related Party Transaction means any transaction, agreement, or any other arrangement in which a Related Party has a financial interest and in which Contractor or any affiliate of Contractor is a participant that is covered by the definition of “related party transaction” in Not-for-Profit Corporation Law § 102.

Related Party Transaction means a transaction involving a transfer of resources, services or obligations between:

Related Party Transaction. (RPT) means –

Related Party Transaction means (a) a merger or consolidation of the Company in which the holders of the outstanding voting securities of the Company immediately prior to the merger or consolidation hold at least a majority of the outstanding voting securities of the Successor Company immediately after the merger or consolidation; (b) a sale, lease, exchange or other transfer of the Company’s assets to a majority-owned subsidiary company; (c) a transaction undertaken for the principal purpose of restructuring the capital of the Company, including but not limited to, reincorporating the Company in a different jurisdiction or creating a holding company; or (d) a corporate dissolution or liquidation.

Related Party Transaction means transfer of resources, services or obligations between a company and a related party, regardless of whether a price is charged.

Related Party Transaction means: (a) a merger or consolidation of the Company in which the holders of shares of Common Stock immediately prior to the merger hold at least a majority of the shares of Common Stock in the Successor Corporation immediately after the merger; (b) a sale, lease, exchange or other transaction in one transaction or a series of related transactions of all or substantially all the Company's assets to a wholly-owned subsidiary corporation; (c) a mere reincorporation of the Company; or (d) a transaction undertaken for the sole purpose of creating a holding company that will be owned in substantially the same proportion by the persons who held the Company's securities immediately before such transaction.

Related Party Transaction means any transaction directly or indirectly involving any Related Party which is a transfer of resources, services or obligations between a company and a related party, regardless of whether a price is charged. Explanation: A "transaction" with a Related Party shall be construed to include single transaction or a group of transactions in a contract.