Common use of Burdensome Contracts With Affiliates Clause in Contracts

Burdensome Contracts With Affiliates. The Parent will not, nor will it permit any Subsidiary to, enter into or be a party to any contract or agreement with an Affiliate on terms and conditions materially less favorable to the Parent or such Subsidiary than would be usual and customary in similar contracts or agreements between Persons not affiliated with each other.

Appears in 2 contracts

Samples: Assignment Agreement (Pro Fac Cooperative Inc), Credit Agreement (Curtice Burns Foods Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Morton Industrial Group Inc)

Burdensome Contracts With Affiliates. The Neither the Parent will notnor the Borrower shall, nor will it shall they permit any Subsidiary to, enter into any contract, agreement or be a party to business arrangement with any contract or agreement of its Affiliates (other than with an Affiliate Wholly-owned Subsidiaries) on terms and conditions materially which are less favorable to the Parent Parent, the Borrower or such Subsidiary than would be usual and customary in similar contracts contracts, agreements or agreements business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (Lecg Corp)

Burdensome Contracts With Affiliates. The Neither the Parent will notnor the Company shall, nor will it shall either permit any Subsidiary to, enter into any contract, agreement or be a party to business arrangement with any contract or agreement of its Affiliates (other than with an Affiliate Wholly-Owned Subsidiaries) on terms and conditions materially which are less favorable to the Parent Company or such Subsidiary than would be usual and customary in similar contracts contracts, agreements or agreements business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Credit Agreement (WLR Foods Inc)

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Burdensome Contracts With Affiliates. The Except for the transaction permitted under Section 8.10(f), the Parent will shall not, nor will shall it permit any Subsidiary to, enter into any contract, agreement or be a party to business arrangement with any contract or agreement with an Affiliate of its Affiliates on terms and conditions which are materially less favorable to the Parent or such Subsidiary than would be usual and customary in similar contracts contracts, agreements or agreements business arrangements between Persons not affiliated with each other.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Lojack Corp)

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