Common use of Affiliated Agreements Clause in Contracts

Affiliated Agreements. Except as set forth on Schedule 8.7, (i) there are no existing or proposed agreements, arrangements, understandings or transactions between a Borrower or any other Loan Party, on the one hand, and such Borrower’s or such other Loan Party’s members, managers, managing members, investors, officers, directors, stockholders, other equity holders, employees, or Affiliates or any members of their respective families, on the other hand, and (ii) to each Borrower’s and each other Loan Party’s knowledge, none of the foregoing Persons are directly or indirectly indebted to or have any direct or indirect ownership or voting interest in, any Affiliate of such Borrower or such other Loan Party or any Person with which such Borrower or such other Loan Party has a business relationship or which competes with such Borrower or such other Loan Party (except that any such Persons may own equity interests in (but not exceeding two percent (2%) of the outstanding equity interests of) any publicly traded company that may compete with such Borrower or such other Loan Party).