Transactions with related parties definition

Transactions with related parties means any transfers of resources, services or obligations between related parties, regardless of the fact that the action has been carried out for a consideration.
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Transactions with related parties means any contract, agreement, instrument, arrangement or operation between, on the one side, STP or any of the Subsidiaries and, on the other side, a Related Party of the STP or Subsidiaries. It shall not be understood as a Transaction with Related Parties the commercial relation between CGMP and a Related Party regarding the sale of services by CGMP, which has been retained by the Related Party in the Normal Course of Business of CGMP.
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Transactions with related parties means transactions, including but not limited to borrowing, sale or purchase agreements, sale or purchase
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Examples of Transactions with related parties in a sentence

  • Transactions with related parties are entered into as part of normal business operations and, from an economic point of view, are negotiated on an arm’s length basis.

  • Transactions with related parties included in the statement of comprehensive income are disclosed under note 5 to the financial statements.

  • Related Party Transaction Transactions with related parties (affiliated companies, management and their immediate families, principal owners, key employees, trust related to management), if any and related amounts receivable or payable, including sales, purchases, loans, transfers, leasing arrangements and guarantees, have been properly recorded or disclosed in the Statement.

  • Transactions with related parties, as defined in ASC 850-10, Related Party Disclosures, and related amounts receivable or payable, including sales, purchases, loans, transfers, leasing arrangements, and guarantees, have been properly recorded and/or disclosed in the interim statement of revenues and certain expenses, where applicable.

  • Transactions with related parties must be approved by the Audit Committee of the Board of Directors.

  • Transactions with related parties may be undertaken only if all of the following are observed:  A material transaction is fully disclosed in the audited financial statements of the organization;  The related party is excluded from the discussion and approval of such transaction;  A competitive bid or comparable valuation exists; and  The organization’s Board has acted upon and demonstrated that the transaction is in the best interest of the organization.

  • Transactions with related parties, as defined in Statement of Financial Accounting Standards No. 57, and related amounts receivable or payable, including sales, purchases, loans, transfers, leasing arrangements, and guarantees, have been properly recorded or disclosed in the Statement.

  • Transactions with related parties and conflicts of interest may adversely affect our business and the value of your investment.

  • Transactions with related parties: Sr. No. Name of related party Nature of transaction For the year ended 31st March 2021 For the year ended 31st March 2020 iii.

  • Transactions with related parties entered by the Company in the normal course of business are periodically placed before the Audit Committee of the Company for its approval.


More Definitions of Transactions with related parties

Transactions with related parties or “Transaction(s)” means any transfer of resources, services or obligations between the Company and one or more Related Parties, regardless of whether a fee is agreed upon. By way of example and without limitation, the following transactions, whereby carried out with one or more Related Party, fall into this category: (i) mergers, demergers by incorporation or not strictly proportional demergers; (ii) acts of making available, including at no cost, movable and immovable property; (iii) the provision of works and services; (iv) the granting or obtaining of loans and guarantees; and (v) any decision relating to the allocation of remuneration and economic benefits, in any form, to members of the administration or control bodies. Transactions addressed to all Shareholders on equal terms shall in any event be excluded from this definition, including:
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Transactions with related parties. : means any transfer of resources, services or obligations between related parties, regardless of whether a price is charged.
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Transactions with related parties and "Policies with Respect to Certain Activities" to the extent that it summarizes laws, governmental rules or regulations or documents referred to therein, are correct in all material respects.
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Related to Transactions with related parties

  • Parent Related Parties means each of Parent, Merger Sub, any of their respective former, current or future equityholders, controlling Persons, limited or general partners, managers, members, Affiliates, directors, officers, employees, agents, attorneys, stockholders, assignees or Representatives.

  • Purchaser Related Parties has the meaning specified in Section 6.1.

  • Unrelated persons means persons other than parents, legal guardians,

  • Related Party Agreements shall have the meaning set forth in Section 3.19 herein.

  • Seller Related Parties means Seller, RAR, ROP, the Applicable Parties, any Affiliate of Seller and their respective direct or indirect members, partners, stockholders, officers, directors, employees and agents.