Burdensome Contracts With Affiliates. The Borrower shall not, nor shall it permit Whitestone REIT or any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates on terms and conditions which are less favorable to Whitestone REIT, the Borrower 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 8 contracts
Samples: Credit Agreement (Whitestone REIT), Assignment and Assumption (Whitestone REIT), Credit Agreement (Whitestone REIT)
Burdensome Contracts With Affiliates. The Borrower shall not, nor shall it permit Whitestone REIT or any Subsidiary to and PROP shall not, nor shall it permit any PROP Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates on terms and conditions which are less favorable to Whitestone REIT, the Borrower Borrower, such Subsidiary, PROP or such PROP 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: Whitestone Credit Agreement (Pillarstone Capital Reit), Whitestone Credit Agreement (Whitestone REIT)
Burdensome Contracts With Affiliates. The Borrower shall not, nor shall it permit Whitestone REIT or any Material Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates on terms and conditions which are less favorable to Whitestone REIT, the Borrower or such Material 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 (Whitestone REIT)
Burdensome Contracts With Affiliates. The Borrower shall notNeither Whitestone REIT nor the Company shall, nor shall it permit Whitestone REIT or any Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates on terms and conditions which are less favorable to Whitestone REIT, the Borrower 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: Note Purchase and Guaranty Agreement (Whitestone REIT)
Burdensome Contracts With Affiliates. The Borrower shall notNeither Whitestone REIT nor the Company shall, nor shall it permit Whitestone REIT or any Material Subsidiary to, enter into any contract, agreement or business arrangement with any of its Affiliates on terms and conditions which are less favorable to Whitestone REIT, the Borrower Company or such Material 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 Whitestone Reit Operating (Whitestone REIT)
