Common use of Affiliate Transaction Clause in Contracts

Affiliate Transaction. Seller shall not, at any time, directly or indirectly, sell, lease or otherwise transfer any Property or assets to, or otherwise acquire any Property or assets from, or otherwise engage in any transactions with, any of its Affiliates unless the terms thereof are no less favorable to Seller, than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 7 contracts

Samples: Master Repurchase Agreement (Mr. Cooper Group Inc.), Master Repurchase Agreement (Velocity Financial, LLC), Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)

AutoNDA by SimpleDocs

Affiliate Transaction. The Seller shall not, will not at any time, directly or indirectly, sell, lease or otherwise transfer any Property property or assets to, or otherwise acquire any Property property or assets from, or otherwise engage in any transactions with, any of its their Affiliates unless the terms thereof are no less favorable to Seller, other than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 3 contracts

Samples: Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (ECC Capital CORP)

Affiliate Transaction. Seller shall not, at any time, directly or indirectly, sell, lease or otherwise transfer any Property or assets to, or otherwise acquire any Property or assets from, or otherwise engage in any transactions with, any of its Affiliates unless the terms thereof are no less favorable to Seller, than those that could be obtained at the time of such transaction in an arm’s 's length transaction with a Person who is not such an Affiliate.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.), Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)

Affiliate Transaction. Seller shall not, at any time, directly or indirectly, sell, lease or otherwise transfer any Property or assets to, or otherwise acquire any Property or assets from, or otherwise engage in any transactions with, any of its Affiliates Affiliates, if such transaction is material to such parties in the aggregate, unless the terms thereof are no less favorable to Seller, than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)

Affiliate Transaction. Seller shall not, at any time, directly or indirectly, sell, lease or otherwise transfer any Property or assets to, or otherwise acquire any Property or assets from, or otherwise engage in any transactions with, any of its Affiliates unless in the ordinary course of Seller’s business and the terms thereof are no less favorable to Seller, Seller than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate. For the avoidance of doubt, nothing herein prohibits Seller from making or paying any dividend or distribution to its members or shareholders on account of their equity interests in Seller.

Appears in 2 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Affiliate Transaction. No Seller shall not, will at any time, directly or indirectly, sell, lease or otherwise transfer any Property property or assets to, or otherwise acquire any Property property or assets from, or otherwise engage in any transactions with, any of its their Affiliates unless the terms thereof are no less favorable to SellerSellers, than those that could be obtained at the time of such transaction in an arm’s 's length transaction with a Person who is not such an Affiliate.

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Affiliate Transaction. Seller shall not, at any time, directly or indirectly, sell, lease or otherwise transfer any Property property or assets to, or otherwise acquire any Property property or assets from, or otherwise engage in any transactions with, any of its Affiliates unless the terms thereof are no less favorable to Seller, Seller than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 1 contract

Samples: Master Repurchase Agreement (Two Harbors Investment Corp.)

AutoNDA by SimpleDocs

Affiliate Transaction. Seller shall not, will not at any time, directly or indirectly, sell, lease or otherwise transfer any Property property or assets to, or otherwise acquire any Property property or assets from, or otherwise engage in any transactions with, any of its their Non-Seller Affiliates unless the terms thereof are no less favorable to Seller, the Seller than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

Affiliate Transaction. Except with respect to any Permitted Affiliate Transactions, Seller shall not, at any time, directly or indirectly, sell, lease or otherwise transfer any Property or assets to, or otherwise acquire any Property or assets from, or otherwise engage in any transactions with, any of its Affiliates unless the terms thereof are no less favorable to Seller, than consistent with those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Affiliate Transaction. No Seller shall not, will at any time, directly or indirectly, sell, lease or otherwise transfer any Property material property or assets to, or otherwise acquire any Property material property or assets from, or otherwise engage in any material transactions with, any of its Affiliates unless the terms thereof are no less favorable to Seller, such Seller than those that could be obtained at the time of such transaction in an arm’s length transaction with a Person who is not such an Affiliate.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.