Common use of ARM'S LENGTH AGREEMENT Clause in Contracts

ARM'S LENGTH AGREEMENT. EACH OF THE PARTIES TO THIS AGREEMENT AGREES AND ACKNOWLEDGES THAT THIS AGREEMENT HAS BEEN NEGOTIATED IN GOOD FAITH, AT ARM’S LENGTH, AND NOT BY ANY MEANS FORBIDDEN BY LAW.

Appears in 5 contracts

Samples: Security Agreement (Ugi Corp /Pa/), Credit Agreement (Ugi Corp /Pa/), Debt Subordination and Intercreditor Agreement (Capital Growth Systems Inc /Fl/)

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ARM'S LENGTH AGREEMENT. EACH OF THE PARTIES TO THIS AGREEMENT ---------------------- AGREES AND ACKNOWLEDGES THAT THIS AGREEMENT HAS BEEN NEGOTIATED IN GOOD FAITH, AT ARM’S 'S LENGTH, AND NOT BY ANY MEANS FORBIDDEN BY LAW.

Appears in 2 contracts

Samples: Subordination Agreement (Sonic Automotive Inc), Subordination Agreement (Autobahn Inc)

ARM'S LENGTH AGREEMENT. EACH OF THE PARTIES TO THIS AGREEMENT AGREES AND ACKNOWLEDGES THAT THIS AGREEMENT HAS BEEN NEGOTIATED IN GOOD FAITH, AT ARM’S 'S LENGTH, AND NOT BY ANY MEANS FORBIDDEN BY LAW.

Appears in 2 contracts

Samples: Subordination Agreement (Sonic Automotive Inc), Subordination Agreement (Sonic Automotive Inc)

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ARM'S LENGTH AGREEMENT. EACH OF THE PARTIES TO THIS SUBORDINATION AGREEMENT AGREES AND ACKNOWLEDGES THAT THIS SUBORDINATION AGREEMENT HAS BEEN NEGOTIATED IN GOOD FAITH, AT ARM’S 'S LENGTH, AND NOT BY ANY MEANS FORBIDDEN BY LAW.

Appears in 1 contract

Samples: Credit Agreement (SCP Pool Corp)

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