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LUX » Topics » 22.15. Arms Length Basis

This excerpt taken from the LUX 20-F filed Jun 28, 2006.

22.15.                  Arm’s Length Basis

No Obligor shall, and the Borrower shall procure that no Group member shall, enter into any material arrangement or contract with any other member of the Group save where such material arrangement or contract is entered into on an arm’s length basis considering the entire arrangement and is fair and equitable to the Group as a whole.

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