Common use of Arm’s-Length Relationship; Separate Existence Clause in Contracts

Arm’s-Length Relationship; Separate Existence. The Assignor will maintain an arm’s-length relationship with the Assignee. Any transaction between the Assignee on the one hand and the Assignor or any respective Affiliates thereof, on the other hand, will, in the reasonable judgment of the Assignor, be fair and equitable to the Assignee. The Assignor shall not acquire any obligations of the Assignee.

Appears in 4 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

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