Common use of Affiliate Transaction Clause in Contracts

Affiliate Transaction. Neither Seller nor a Guarantor will 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 their Affiliates unless the terms thereof are no less favorable to such Seller or Guarantor, as applicable, 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 4 contracts

Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)

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Affiliate Transaction. Neither Seller the Sellers nor a the Guarantor will 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 their Affiliates unless the terms thereof are no less favorable to such Seller or the Guarantor, as applicable, 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 (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)

Affiliate Transaction. Neither Except in the ordinary course of business, neither Seller nor a Guarantor will shall 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 their Affiliates unless the terms thereof are no less favorable to such Seller or Guarantor, as applicable, 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, Master Repurchase Agreement (New Century Financial Corp)

Affiliate Transaction. Neither Seller nor a Guarantor will 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 their Affiliates unless the terms thereof are no less favorable to such Seller or GuarantorSeller, as applicable, 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 (Taberna Realty Finance Trust)

Affiliate Transaction. Neither Seller nor a Guarantor will 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 their Affiliates unless the terms thereof are no less favorable to such Seller or Guarantor, as applicable, 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 (New Century Financial Corp)

Affiliate Transaction. Neither Seller the Sellers nor a the Guarantor will at any time, directly or indirectly, sell, lease or otherwise transfer any material property or assets to, or otherwise acquire any material property or assets from, or otherwise engage in any material transactions with, any of their its Affiliates unless the terms thereof are no less favorable to such Seller the Sellers or the Guarantor, as applicable, 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)

Affiliate Transaction. Neither any Seller nor a the Guarantor will at any time, directly or indirectly, sell, lease or otherwise transfer any material property or assets to, or otherwise acquire any material property or assets from, or otherwise engage in any material transactions with, any of their Non-Seller Affiliates unless the terms thereof are no less favorable to such the related Seller or the Guarantor, as applicable, 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)

Affiliate Transaction. Neither Seller nor a any Guarantor will 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 their Affiliates unless the terms thereof are no less favorable to such Seller or such Guarantor, as applicable, 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 (American Business Financial Services Inc /De/)

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Affiliate Transaction. Neither Seller nor a and Guarantor will 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 their its Affiliates unless the terms thereof are no less favorable to such Seller or Guarantor, as applicable, 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 (Home Loan Servicing Solutions, Ltd.)

Affiliate Transaction. Neither Seller nor a Guarantor will 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 their Affiliates unless the terms thereof are no less favorable to such Seller or Guarantor, as applicable, 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 (New Century Financial Corp)

Affiliate Transaction. Neither Except in the ordinary course of business, neither the Seller nor a the Guarantor will shall 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 their Affiliates unless the terms thereof are no less favorable to such the Seller or the Guarantor, as applicable, 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 (New Century Financial Corp)

Affiliate Transaction. Neither any Seller nor a any Guarantor will 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 their Non-Seller Affiliates unless the terms thereof are no less favorable to such the related Seller or such Guarantor, as applicable, 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: Repurchase Agreement (Novastar Financial Inc)

Affiliate Transaction. Neither any Seller nor a Guarantor will at any time, directly or indirectly, sell, lease or otherwise transfer any material property or assets to, or otherwise acquire any material property or assets from, or otherwise engage in any material transactions with, any of their Non-Seller Affiliates unless the terms thereof are no less favorable to such the related Seller or Guarantor, as applicable, than those that could be obtained at the time of such transaction in an arm’s arm’s-length transaction with a Person who is not such an Affiliate.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

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