Common use of Burdensome Contracts With Affiliates Clause in Contracts

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 9 contracts

Samples: Credit Agreement (Apac Teleservices Inc), 6 Credit Agreement (Apac Teleservices Inc), Credit Agreement (Newport Corp)

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Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary of its Restricted Subsidiaries to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiariesor among Restricted Subsidiaries and the Company) on terms and conditions which are less favorable to the Company or any such Restricted Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 8 contracts

Samples: Credit Agreement (EMCOR Group, Inc.), Credit Agreement (EMCOR Group, Inc.), Credit Agreement (EMCOR Group, Inc.)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any material contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 6 contracts

Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with transactions between the Company and a Wholly-Owned Subsidiary or between Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 4 contracts

Samples: Multicurrency Credit Agreement, Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement (Gallagher Arthur J & Co)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Restricted Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with transactions between the Company and a Wholly-Owned Restricted Subsidiary or between Wholly-Owned Restricted Subsidiaries) on terms and conditions which are less favorable to the Company or such Restricted Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 3 contracts

Samples: Credit Agreement (Arthur J. Gallagher & Co.), Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement (Gallagher Arthur J & Co)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other. Section 7.15.

Appears in 2 contracts

Samples: Credit Agreement (Oil-Dri Corp of America), Oil-Dri Corp of America

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Cti Industries Corp), JPS Packaging Co

Burdensome Contracts With Affiliates. The Company shall will not, nor shall it and will not permit any Subsidiary of its Subsidiaries to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Wholly Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Morton Industrial Group Inc), Note and Warrant Purchase Agreement (Morton Industrial Group Inc)

Burdensome Contracts With Affiliates. The Company shall will not, nor shall will it permit any Restricted Subsidiary to, enter into or be a party to any contract, contract or agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) an Affiliate on terms and conditions which are materially less favorable to the Company or such Restricted Subsidiary than would be usual and customary in similar contracts, contracts or agreements or business arrangements between Persons not affiliated with each other.

Appears in 2 contracts

Samples: Credit Agreement (Morrison Knudsen Corp//), Credit Agreement (Morrison Knudsen Corp//)

Burdensome Contracts With Affiliates. The Company shall will not, nor shall will it permit any Restricted Subsidiary to, enter into or be a party to any contract, contract or agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) an Affiliate on terms and conditions which are materially less favorable to the Company or such Restricted Subsidiary than would be usual and customary in similar contracts, contracts or agreements or business arrangements between Persons not affiliated with each otherother .

Appears in 1 contract

Samples: Credit Agreement (Morrison Knudsen Corp//)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other, except for the Company's existing arrangements with Xxx Xxxxx referenced in Section 6.12 above.

Appears in 1 contract

Samples: QMS Inc

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any material contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned owned Subsidiaries) other than on fair and reasonable terms and conditions which are not materially less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Amcol International Corp)

Burdensome Contracts With Affiliates. The Except as disclosed on Schedule 6.12 hereto, the Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Harrington West Financial Group Inc/Ca)

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Burdensome Contracts With Affiliates. The Company shall will not, nor shall will it permit any Subsidiary to, enter into or be a party to any contract, contract or agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) an Affiliate on terms and conditions which are materially less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, contracts or agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Platinum Entertainment Inc)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement (other than the BACE Management Agreement) with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Rentx Industries Inc)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Amcol International Corp)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, will not enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Wells Gardner Electronics Corp)

Burdensome Contracts With Affiliates. The Company shall will not, nor shall will it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Wholly Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Champion Financial Corp /Md/

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Guaranty Agreement (Comshare Inc)

Burdensome Contracts With Affiliates. The Company shall not, nor shall it permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates (other than with Wholly-Owned Wholly‑Owned Subsidiaries) on terms and conditions which are less ‑42‑ favorable to the Company or such Subsidiary than would be usual and customary in similar contracts, agreements or business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Oil-Dri Corp of America)

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