Dealing with Affiliates. The Managing General Partner may employ and enter into contracts and other arrangements with any Person, including an Affiliate, and may obligate the Partnership to pay reasonable compensation for services rendered by such Persons on terms that, in the judgment of the Managing General Partner, are not less favorable to the Partnership than would be available from an unrelated party.
Appears in 11 contracts
Samples: Interests Assignment Agreement (Paxson Communications Corp), Interests Assignment Agreement (Paxson Communications Corp), Assignment Agreement (Paxson Communications Corp)
Dealing with Affiliates. The Managing General Partner may employ and enter into contracts and other arrangements with any Person, including an Affiliate, and may obligate the Partnership to pay reasonable compensation for services rendered by such Persons on terms that, in the judgment of the Managing General Partner, are not less favorable to the Partnership than would be available from an unrelated party.General
Appears in 2 contracts
Samples: General Partnership Interests Assignment Agreement (Paxson Communications Corp), General Partnership Interests Assignment Agreement (Paxson Communications Corp)