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Business with Affiliates Sample Clauses

Business with Affiliates. (A) The General Partner, in its discretion, may cause the Partnership to transact business with any Partner or its Affiliates for goods or services reasonably required in the conduct of the Partnership’s business; provided that any such transaction shall be effected only on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons. The foregoing proviso shall not apply to transactions between the Partnership and its Subsidiaries. In addition, neither the General Partner nor any Affiliate of the General Partner may sell, transfer or otherwise convey any property to, or purchase any property from, the Partnership, except (i) on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons or (ii) where the General Partner determines, in its sole judgment, that such sale, transfer or conveyance confers benefits on the General Partner or the Partnership in respect of matters of tax or corporate or financial structure; provided, in the case of this clause (ii), such sale, transfer, or conveyance is not being effected for the purpose of materially disadvantaging the Limited Partners. (B) In furtherance of Section 6.4(A), the Partnership may lend or contribute to its Subsidiaries on terms and conditions established by the General Partner.
Business with AffiliatesThe Agent may accept deposits from, lend money to and generally engage in any kind of banking or other business with any Obligor or any Affiliate thereof.
Business with AffiliatesThe General Partner, in its discretion, may cause the Partnership to transact business with any Partner or its Affiliates for goods or services reasonably required in the conduct of the Partnership's business; provided that any such transaction shall be effected only on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons. The foregoing proviso shall not apply to transactions between the Partnership and any Subsidiaries of the Partnership. In addition, neither the General Partner nor any Affiliate of the General Partner may sell, transfer or otherwise convey any property to, or purchase any property from, the Partnership, except (i) on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons, or (ii) where the General Partner determines, in its sole judgment, that such sale, transfer or conveyance confers benefits on the General Partner in respect of matters of tax or corporate or financial structure and where the Partnership obtains or retains at least a majority interest in the Person to whom such sale, transfer or conveyance is made; provided, in the case of this clause (ii), such sale, transfer or conveyance is not being effected for the primary purpose of materially disadvantaging the Limited Partners.
Business with Affiliates. (a) Except as otherwise provided in Section 6.04(b) below, the General Partner shall not permit the Fund or any of its subsidiaries to enter into any transaction with the General Partner or its Affiliates, acquire any assets from the General Partner or its Affiliates or engage the General Partner or its Affiliates to provide goods or services for additional compensation unless all of the following criteria are complied with: (i) The fees and other terms and conditions under which the goods or services are to be rendered or the transaction is to be entered into are embodied in a written contract executed and delivered before such goods and services are rendered and describing the transaction or the goods or services to be rendered and the compensation, price or fee therefor; (ii) The terms and conditions of the contract are at least as favorable to the Fund as the terms generally available in arm’s-length transactions with qualified independent third parties; (iii) The compensation, price, fees and other benefits, including expense recoveries, to the General Partner and its Affiliates and the formula or method by which they are to be calculated, and the goods, services or other benefits to be provided therefor, are fully disclosed to the Advisory Committee and Consented to in writing by the Advisory Committee (which Consent shall not be unreasonably withheld or delayed) in advance of execution of the written contract; and (iv) Such transaction or contract for services is entered into principally for the benefit of the Fund and in the ordinary course of its business. Notwithstanding the foregoing, the provisions of this Section 6.04(a) shall not apply from and after the occurrence of a Public Transaction. (b) Notwithstanding Section 6.04(a) above, the General Partner or an Affiliate thereof shall have the right: (i) to cause the Fund or one or more of its subsidiaries or other entities in which the Fund has made an investment to enter into one or more Property Related Contracts with an Affiliate of the General Partner, in connection with Fund Investments, pursuant to which such Affiliate will provide services to the Fund, any subsidiary thereof or any other entity in which the Fund has made an investment, and any such agreement shall be deemed approved by the Advisory Committee and to satisfy the requirements of Sections 6.04(a)(ii) and 6.04(a)(iii) hereof (but Sections 6.04(a)(i) and 6.04(a)(iv) hereof shall still apply) provided that (x) any compensation p...
Business with Affiliates. The Managing Partner may cause the ------------------------ Partnership to transact business with itself or any of its Affiliates for goods or services reasonably required in the conduct of the Partnership's business.
Business with AffiliatesThe Company may transact business with any Affiliate for any reason on terms and conditions determined in the reasonable discretion of the Manager.
Business with Affiliates. The Company and Company Subsidiaries may transact business with any Member or any Person related to a Member or a Manager with respect to the assets or business of the Company, provided (i) that for Members holding Preferred Units, a written agreement relating to such transaction has already been executed by the Company or Company Subsidiary, as applicable, and such applicable Member, or their respective Affiliates, prior to the adoption of this Agreement as of the date hereof or (ii) that (a) any such transaction shall be effected only on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons and the terms governing such relationship are terms which would be entered into an arms-length transaction and (b) any such transaction is approved unanimously by the Preferred Managers.
Business with AffiliatesThe Managers, in their discretion, may cause the Company to transact business with any Member and/or Manager or any party related to a Member and/or Manager for goods or services reasonably required in the conduct of the Company’s business, provided that any such transaction shall be effected only on terms that are reasonable to the Company.
Business with Affiliates. (A) The General Partner, in its sole and absolute discretion, may cause the Partnership to transact business with the Partners, Affiliates or Subsidiaries for goods or services reasonably required in the conduct of the Business; provided that any such transaction shall be effected only on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons. In addition, except as expressly permitted under this Agreement, neither the General Partner nor any Affiliate of the General Partner may sell, transfer or otherwise convey any property to, or purchase any property from, the Partnership, except on terms competitive with those that may be obtained in the marketplace from unaffiliated Persons. (B) In furtherance of Section 6.4(A) the Partnership may lend or contribute to its Subsidiaries on terms and conditions established by the General Partner in its sole and absolute discretion. (C) The General Partner, in its sole and absolute discretion and without the approval of the Limited Partners, may propose and adopt on behalf of the Partnership employee benefit plans, stock option plans, and similar plans funded by the Partnership for the benefit of the employees of the General Partner, the Partnership, Subsidiaries of the Partnership or any Affiliate of any of them in respect of services performed, directly or indirectly, for the benefit of the Partnership, the General Partner of any of the Partnership’s Subsidiaries.
Business with AffiliatesA General Partner may cause the Partnership to transact business with itself or any Person who directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with the General Partner or any Member of the General Partner, provided that any such transaction shall be effected only on terms competitive with those that may be obtained from unaffiliated Persons and shall be disclosed to all Partners or is the Management Agreement.