Common use of Affiliate Transactions Clause in Contracts

Affiliate Transactions. The Borrower will not enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable as would be obtainable in a comparable arm’s-length transaction with a Person other than an Affiliate.

Appears in 47 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico)

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Affiliate Transactions. The Borrower will shall not enter into into, or be a party to, any transaction with an Affiliate of Borrower or series any of transactions, whether or not the partners of Borrower except in the ordinary course of business, with any Affiliate other than business and on terms which are fully disclosed to Lender in advance and conditions substantially as are no less favorable as to Borrower or such Affiliate than would be obtainable obtained in a comparable arm’s-length transaction with a Person other than an Affiliateunrelated third party.

Appears in 25 contracts

Samples: Loan Agreement (Highlands REIT, Inc.), Loan Agreement (Highlands REIT, Inc.), Loan Agreement (Highlands REIT, Inc.)

Affiliate Transactions. The Borrower will not enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable as would be obtainable in a comparable arm’sarm's-length transaction with a Person other than an Affiliate.

Appears in 8 contracts

Samples: Term Loan Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Affiliate Transactions. The Borrower will not None of the Borrowers shall enter into any transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable to such Borrower as would be obtainable by it at the time in a comparable arm’s-length transaction with a Person person other than an Affiliate.

Appears in 4 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Affiliate Transactions. The Other than transactions between or among any of the Borrower or any Wholly-Owned Subsidiaries of the Borrower, the Borrower will not not, nor will it permit its Subsidiaries to, enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable as would be obtainable in a comparable arm’s-length transaction with a Person other than an Affiliate.

Appears in 3 contracts

Samples: Credit Agreement (Baker Hughes Inc), Credit Agreement (Baker Hughes Inc), Day Credit Agreement (Baker Hughes Inc)

Affiliate Transactions. The Such Borrower will not enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable as would be obtainable in a comparable arm’sarm's-length transaction with a Person other than an Affiliate.

Appears in 3 contracts

Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Affiliate Transactions. The Borrower will not shall not, directly or indirectly, enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than affiliate that is on terms and conditions substantially as less favorable as to the Borrower than would be obtainable obtained in a comparable arm’s-an arm’s length transaction with a Person other than an Affiliatenon-affiliated Person.

Appears in 2 contracts

Samples: Payplant Loan and Security Agreement (Sysorex, Inc.), Loan and Security Agreement (Inpixon)

Affiliate Transactions. The Borrower will shall not enter into any transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable to the Borrower as would be obtainable by it at the time in a comparable arm’s-length transaction with a Person person other than an Affiliate.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Affiliate Transactions. The Other than transactions between or among any of the Borrower or any Wholly Owned Subsidiaries of the Borrower, the Borrower will not not, nor will it permit its Subsidiaries to, enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable as would be obtainable in a comparable arm’s-length transaction with a Person other than an Affiliate.

Appears in 2 contracts

Samples: Credit Agreement (Baker Hughes Inc), Credit Agreement (Baker Hughes Inc)

Affiliate Transactions. The Borrower will not Neither of the Borrowers shall enter into any transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable to such Borrower as would be obtainable by it at the time in a comparable arm’s-length transaction with a Person person other than an Affiliate.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

Affiliate Transactions. The Borrower will not shall not, directly or indirectly, enter into any transaction or series of transactions, whether or not in the ordinary course of business, related transactions with any Affiliate Affiliate, other than on terms and conditions substantially as favorable as would be obtainable in a comparable an arm’s-length transaction basis, except for at cost services provided to or received from Affiliates consistent with a Person other than an Affiliatepast practices and in accordance with applicable Governmental Rules.

Appears in 2 contracts

Samples: Loan Guarantee Agreement (Oglethorpe Power Corp), Loan Guarantee Agreement (Oglethorpe Power Corp)

Affiliate Transactions. The Borrower will has not enter entered into any transaction or series of transactionswith an Affiliate, whether or not except for transactions in the ordinary course of business, with any Affiliate other business pursuant to the reasonable requirements of Borrower’s business and upon fair and reasonable terms no less favorable to Borrower than on terms and conditions substantially as favorable as Borrower would be obtainable obtain in a comparable arm’sarms-length transaction with a Person other than an Affiliatetransaction.

Appears in 2 contracts

Samples: Loan and Security Agreement (Better Choice Co Inc.), Loan and Security Agreement (Total Apparel Group , Inc.)

Affiliate Transactions. The Borrower will not enter into any transaction or series with an Affiliate of transactionsthe Borrower, whether or not other than (a) transactions in the ordinary course of business, with any Affiliate other than business on terms and conditions substantially as no less favorable as to the Borrower than those that would be obtainable obtained in a comparable an arm’s-length transaction and (b) transactions with a Person other than an Affiliatewholly-owned Subsidiaries.

Appears in 1 contract

Samples: Advance Financing Facility Agreement (New Century Financial Corp)

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Affiliate Transactions. The Borrower will not enter into any ---------------------- transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate of the Borrower other than on terms and conditions substantially as favorable to the Borrower as would be obtainable by the Borrower at the time in a comparable arm’sarm's-length transaction with a Person other than an Affiliate.

Appears in 1 contract

Samples: Credit Agreement Credit Agreement (Yes Entertainment Corp)

Affiliate Transactions. The Neither Borrower will not shall enter into any transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable to such Borrower as would be obtainable obtained by it at the time in a comparable arm’s-length transaction with a Person other than an Affiliate.; and

Appears in 1 contract

Samples: Loan and Security Agreement (Pangaea Logistics Solutions Ltd.)

Affiliate Transactions. The Borrower will not enter into any ---------------------- transaction or series with an Affiliate of transactionsthe Borrower, whether or not other than transactions in the ordinary course of business, with any Affiliate other than business on terms and conditions substantially as no less favorable as to the Borrower than those that would be obtainable obtained in a comparable arm’san arm's-length transaction with a Person other than an Affiliateand the loans described in Section 5.8(e).

Appears in 1 contract

Samples: Residual Financing Facility Agreement (New Century Financial Corp)

Affiliate Transactions. The Other than transactions between wholly-owned Subsidiaries of the Borrower, the Borrower will not not, nor will it permit its Subsidiaries to, enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable as would be obtainable in a comparable arm’s-length transaction with a Person other than an Affiliate.

Appears in 1 contract

Samples: Credit Agreement (Baker Hughes Inc)

Affiliate Transactions. The Borrower will not enter into any transaction transaction, including, without limitation, any purchase, sale, lease, loan or series exchange of transactionsproperty with any affiliate of the Borrower, whether or not except that the Borrower may engage in any of the foregoing transactions in the ordinary course of business, with any Affiliate other than business at prices and on terms and conditions substantially as no less favorable as would to the Borrower than could be obtainable in a comparable arm’sobtained on an arms-length transaction with a Person other than an Affiliatebasis from unrelated third parties.

Appears in 1 contract

Samples: Loan and Security Agreement (Reunion Industries Inc)

Affiliate Transactions. The No Borrower will not shall enter into any transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable to such Borrower as would be obtainable by it at the time in a comparable arm’s-length transaction with a Person person other than an Affiliate.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

Affiliate Transactions. The Neither Borrower will not shall enter into any transaction or series of related transactions, whether or not in the ordinary course of business, with any Affiliate other than on terms and conditions substantially as favorable to such Borrower as would be obtainable by it at the time in a comparable arm’s-length transaction with a Person person other than an Affiliate.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

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