Common use of Agreements with Affiliates Clause in Contracts

Agreements with Affiliates. The Borrower and the Parent shall not, and shall not permit any other Guarantor or any other Subsidiary of the Parent to, enter into any transaction requiring such Person to pay any amounts to or otherwise transfer property to, or pay any management or other fees to, any Affiliate other than on terms and conditions substantially as favorable to the Parent, the Borrower, such other Guarantor or such other Subsidiary as would be obtainable at the time in a comparable arm's-length transaction with a Person not an Affiliate.

Appears in 2 contracts

Samples: Credit Agreement (Regency Realty Corp), Credit Agreement (Regency Realty Corp)

AutoNDA by SimpleDocs

Agreements with Affiliates. The Borrower and the Parent shall not, and shall not permit any other Guarantor or any other Subsidiary of the Parent to, enter into any transaction requiring such Person to pay any amounts to or otherwise transfer property to, or pay any management or other fees to, any Affiliate other than on terms and conditions substantially as favorable to the Parent, the Borrower, such other Guarantor or such other Subsidiary Person as would be obtainable at the time in a comparable arm's-length transaction with a Person not an Affiliate.

Appears in 1 contract

Samples: Credit Agreement (Regency Centers Corp)

Agreements with Affiliates. The Borrower Borrowers and the Parent shall not, and shall not permit any other Guarantor, any Development Affiliate Guarantor or any other Subsidiary of the Parent or any Borrower to, enter into any transaction requiring such Person to pay any amounts to or otherwise transfer property to, or pay any management or other fees to, any Affiliate other than on terms and conditions substantially as favorable to the Parent, the such Borrower, such other Guarantor, such Development Affiliate Guarantor or such other Subsidiary as would be obtainable at the time in a comparable arm's-length transaction with a Person not an Affiliate.

Appears in 1 contract

Samples: Credit Agreement (Regency Realty Corp)

AutoNDA by SimpleDocs

Agreements with Affiliates. The Borrower and the Parent shall not, and shall not permit any other Guarantor or any other Subsidiary of the Parent to, and RRG shall not, and shall not permit and of its respective Subsidiaries to, enter into any transaction requiring such Person to pay any amounts to or otherwise transfer property to, or pay any management or other fees to, any Affiliate other than on terms and conditions substantially as favorable to the Parent, the Borrower, such other Guarantor or such other Subsidiary Person as would be obtainable at the time in a comparable arm's-length transaction with a Person not an Affiliate.

Appears in 1 contract

Samples: Credit Agreement (Regency Centers Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!