Transactions Between Related Parties Sample Clauses

The "Transactions Between Related Parties" clause governs how business dealings between entities or individuals with a pre-existing relationship are handled within an agreement. It typically requires that such transactions be conducted on terms comparable to those that would be agreed upon by unrelated parties, and may mandate disclosure or approval of these transactions by independent directors or shareholders. This clause is designed to prevent conflicts of interest and ensure that all dealings are fair and transparent, thereby protecting the interests of all stakeholders involved.
Transactions Between Related Parties. Contractor shall identify and report to DSHS any transaction between Contractor and a related party that is part of the work that the Department is purchasing under this Contract before entering into the transaction or immediately upon discovery. A related party is a person or entity related to Contractor by blood or marriage, common ownership or any association that permits either to significantly influence or direct the actions or policies of the other. Contractor, for purposes of reporting transactions between related parties, includes the entity contracting with the Department under this Contract as well as the chief executive officer, chief financial officer and program director of Contractor. Contractor shall submit to the contract manager assigned to the Contract the name, address and telephone number of the related party, how the party is related to Contractor and the work the related party shall perform under this Contract. Contractor shall comply with Texas Government Code Chapter 573. Contractor shall maintain records and supply any additional information requested by the Department, regarding a transaction between related parties, needed to enable the Department to determine the appropriateness of the transaction pursuant to applicable state or federal law, regulations or circulars, which may include 45 CFR § 74.42.
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Transactions Between Related Parties. The Trustee shall not be prohibited in any way in exercising its powers from making contracts or having dealings with itself in any other capacity (fiduciary or otherwise) or with Grantor.
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Transactions Between Related Parties. Contractor shall identify and report to HHD any transactions between Contractor and a related party that is part of the work that HHD is purchasing under this Agreement before entering into the transaction or immediately upon discovery. Contractor shall submit to the contract manager assigned to the Program the name, address and telephone number of the related party, how the party is related to Contractor and the work the related party will perform under this Contract. A related party is a person or entity related to Contractor by blood or marriage, common ownership or any association that permits either to significantly influence or direct the actions or policies of the other. Contractor, through HHD for purposes of reporting transactions between related parties, includes the entity contracting with the Department under this Agreement as well as the chief executive officer, chief financial officer and program director of Contractor. Contractor shall comply with Tex. Gov. Code Chapter 573. Contractor shall maintain records and supply any additional information requested by the Department, regarding a transaction between related parties, needed to enable the Department to determine the appropriateness of the transaction pursuant to applicable state or federal law, regulations or circulars, which may include ▇▇ ▇▇▇ ▇▇▇▇ ▇▇, ▇▇▇ ▇▇▇▇. ▇▇. ▇-▇▇▇, ▇ ▇▇▇ § 215.42, and UGMS.
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Transactions Between Related Parties. Contractor shall identify and report to County any transaction between Contractor and a related party that is part of the work that County is purchasing under this Contract before entering into the transaction or immediately upon discovery. A related party is a person or entity related to the Contractor by blood or marriage, common ownership or any association that permits either to significantly influence or direct the actions or policies of the other. Contractor, for purposes of reporting transactions between related parties, includes the entity contracting with County under this Contract as well as the chief executive officer, chief financial officer and program director of the Contractor. Contractor shall submit to County the name, address and telephone number of the related party, how the party is related to Contractor and the work the related party shall perform under the Contract. Contractor shall comply with Texas Government Code Chapter 573. Contractor shall maintain records and supply any additional information requested by County, regarding a transaction between related parties, needed to enable County to determine the appropriateness of the transaction pursuant to applicable state or federal law, regulations or circulars, which may include 45 CFR § 74.42.
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Transactions Between Related Parties. Each of the Trustee and the Delaware Trustee shall not be prohibited in any way in exercising its powers from making contracts or having dealings with itself or its Affiliates in any other capacity (fiduciary or otherwise) or with Depositor or Grantor or any Affiliate of either of them.
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Transactions Between Related Parties. The Borrower agrees not to perform and that each of the other Alithya Entities does not engage in transactions with Related Parties (other than other Alithya Entities) on terms significantly less favorable than market conditions.
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Transactions Between Related Parties. All transactions between the Company and/or any other Group Company, on the one hand, and any of the Shareholders and/or the Related Parties of the Founders and/or the Company, on the other hand, shall reflect market conditions and shall be made in writing or in a form reproducible in writing.
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Transactions Between Related Parties. ‌ (a) All transactions between Eidsiva and the Production Company or any of their Subsidiaries on the one hand, and a Shareholder or a Shareholder’s Related Parties on the other, will be undertaken at market prices and on market terms in accordance with the rules in the Companies Act. The Shareholders have a particular duty to ensure this when it comes to themselves and their Related Parties. (b) The Parties are agreed that Eidsiva and the Production Company will prepare policies for internal pricing of transactions and agreements between Related Parties, which will also include procedures for reporting and annual auditing.
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Transactions Between Related Parties. Transactions related to the provision of goods and services, or entering into financial transactions such as loans, or the provision of guarantees, between Group Companies are regulated, structured, approved and performed in accordance with the guidelines on Transactions Between Related Parties. Exceptions to the scope of application of this Policy are the management and control activities performed by GEB in its capacity of Parent Company of the Business Group aimed at achieving unity of purpose and direction, as well as transactions and activities carried out between Group Companies or with GEB aimed at generating synergies or joint developments for the expansion of capabilities and competitive advantages. Transactional operations between Group Companies shall be ruled by the following guidelines: • Respect for commitments: The Business Group shall enter into and perform transactions respecting the commitments acquired by each Group Company with its stakeholders pursuant to applicable regulations. • Authorization: Pursuant to the provisions of the Policy on Transactions Between Related Parties, prior to their approval, verification must be performed to ensure that they are made in the terms and conditions that usually apply to transactions with unrelated parties, i.e., on an arm’s length basis and at market prices. In exceptional circumstances, the General Meetings of Shareholders may approve relevant transactions that are not carried out under market conditions or that are not part of the Group Companies’ ordinary business. • Transparency: Transactions between related parties must be disclosed in the notes of the financial statements and the special report submitted annually to the General Meeting of GEB Shareholders.
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Related to Transactions Between Related Parties

  • Transactions with Related Parties Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

  • Transactions with Related Persons Except as set forth on Schedule 4.21, no Target Company nor any of its Affiliates, nor any officer, director, manager, employee, trustee or beneficiary of a Target Company or any of its Affiliates, nor any immediate family member of any of the foregoing (whether directly or indirectly through an Affiliate of such Person) (each of the foregoing, a “Related Person”) is presently, or in the past three (3) years, has been, a party to any transaction with a Target Company, including any Contract or other arrangement (a) providing for the furnishing of services by (other than as officers, directors or employees of the Target Company), (b) providing for the rental of real property or Personal Property from or (c) otherwise requiring payments to (other than for services or expenses as directors, officers or employees of the Target Company in the ordinary course of business consistent with past practice) any Related Person or any Person in which any Related Person has an interest as an owner, officer, manager, director, trustee or partner or in which any Related Person has any direct or indirect interest (other than the ownership of securities representing no more than two percent (2%) of the outstanding voting power or economic interest of a publicly traded company). Except as set forth on Schedule 4.21, no Target Company has outstanding any Contract or other arrangement or commitment with any Related Person, and no Related Person owns any real property or Personal Property, or right, tangible or intangible (including Intellectual Property) which is used in the business of any Target Company. The assets of the Target Companies do not include any receivable or other obligation from a Related Person, and the liabilities of the Target Companies do not include any payable or other obligation or commitment to any Related Person.

  • Certain Relationships and Related Transactions No relationship, direct or indirect, exists between or among any Partnership Entity, on the one hand, and the directors, officers, stockholders, affiliates, customers or suppliers of any Partnership Entity, on the other hand, that is required to be described in the Preliminary Prospectus or the Prospectus and is not so described.

  • ASSISTANCE IN RELATED PROCUREMENTS 5.1. Where a Relevant Supplier is bidding to provide New Services in circumstances where the Supplier or an Affiliated Company of the Supplier is already providing (or due to provide Legacy Services to a Contracting Body, the Supplier shall promptly provide the relevant Contracting Body and/or the Relevant Supplier with all reasonable information and assistance as may be required from time to time to enable the relevant Contracting Body and/or the Relevant Supplier, as appropriate, to: 5.1.1. carry out appropriate due diligence with respect to the provision of the New Services; 5.1.2. effect a smooth transfer and/or inter-operation (as the case may be) between the Legacy Services and the New Services; 5.1.3. carry out a fair Further Competition Procedure for the New Services; and 5.1.4. make a proper assessment as to the risk related to the New Services. 5.2. When performing its obligations in Clause 5.1 the Supplier shall act consistently, applying principles of equal treatment and non-discrimination, with regard to requests for assistance from and dealings with each Relevant Supplier.

  • RELATIONSHIPS WITH RELATED PERSONS No Seller or any Related Person of Sellers or of any Acquired Company has, or since [the first day of the next to last completed fiscal year of the Acquired Companies] has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to the Acquired Companies' businesses. No Seller or any Related Person of Sellers or of any Acquired Company is, or since [the first day of the next to last completed fiscal year of the Acquired Companies] has owned (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has (i) had business dealings or a material financial interest in any transaction with any Acquired Company [other than business dealings or transactions conducted in the Ordinary Course of Business with the Acquired Companies at substantially prevailing market prices and on substantially prevailing market terms], or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of such Acquired Company (a "Competing Business") in any market presently served by such Acquired Company [except for less than one percent of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the- counter market]. Except as set forth in Part 3.25 of the Disclosure Letter, no Seller or any Related Person of Sellers or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.