Affiliate Transactions and Intercompany Loans Sample Clauses

Affiliate Transactions and Intercompany Loans. Enter into any transaction with any affiliate or subsidiary or any of its directors or senior or executive officers or senior management, or enter into or assume any employment, consulting or analogous agreement or arrangement with any of its directors or senior or executive officers or senior management or make any payment to any of its directors or senior or executive officers or senior management, except in the ordinary course.
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Affiliate Transactions and Intercompany Loans. Enter into any transaction with any Obligor, Affiliate or Subsidiary or any of its directors or senior or executive officers or senior management, or enter into or assume any employment, consulting or analogous agreement or arrangement with any of its directors or senior or executive officers or senior management, or make any payment to any of its directors or senior or executive officers or senior management; provided, however, that Borrower may make one or more intercompany loans to the Parent so long as each intercompany loan (i) is made pursuant to and in accordance with the terms of the Revolving Intercompany Note and (ii) has been approved in writing by the Agent.

Related to Affiliate Transactions and Intercompany Loans

  • Affiliate Transactions Borrower shall not enter into, or be a party to, any transaction with an Affiliate of Borrower or any of the partners, members or shareholders, as applicable, of Borrower except in the ordinary course of business and on terms which are no less favorable to Borrower or such Affiliate than would be obtained in a comparable arm’s-length transaction with an unrelated third party.

  • Intercompany Debt It is understood that Debt shall not include any redeemable equity interest in the Company.

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