Common use of Employee Loans and Affiliate Transactions Clause in Contracts

Employee Loans and Affiliate Transactions. (a Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 in the aggregate, the terms of such transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 1,000,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Administrative Agent and Lenders. All such transactions existing as of the date hereof are described on Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a) Other than a Except as otherwise expressly permitted in this Section 6 with respect to AffiliatesPermitted Sale-Leaseback, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's ’s business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's ’s length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 1,000,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's ’s business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's ’s length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 2,000,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates6, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 50,000 in the aggregate, the terms of such transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise ----------------------------------------- expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 250,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a . a. Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 250,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with --------- respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and LendersAgent. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).. ---------------------------

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 50,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing or pending as of the date hereof Closing Date are described on Disclosure Schedule (6.4(a)6.4).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 50,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and LendersLender. All such transactions existing or pending as of the date hereof Closing Date are described on Disclosure Schedule (6.4(a)6.4).

Employee Loans and Affiliate Transactions. (a Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no a) No Credit Party shall enter into or be a party to any transaction with any Affiliate (other than another Credit Party or any Affiliate that is not a Non-Guarantor Subsidiary) thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's ’s business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's ’s length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 1,000,000 in the aggregate, the terms of such these transactions must be disclosed in advance advance, in writing, to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, except for (i) transactions among the Credit Parties and (ii) compensation of officers and directors, if any such transaction or series of related transactions involves payments in excess of $500,000 250,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no a) No Credit Party shall enter into or be a party to any transaction with any Affiliate (other than another Credit Party or any Affiliate that is not a Non-Guarantor Subsidiary) thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 1,000,000 in the aggregate, the terms of such these transactions must be disclosed in advance advance, in writing, to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of business and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 1,000,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent Agents and Lenders. All such transactions existing as of the date hereof are described on Disclosure Schedule (6.4(a)).. ---------------------------

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 100,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's ’s business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's ’s length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 50,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and LendersLender. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's ’s business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's ’s length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 100,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 --------- with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 25,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and LendersLender. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).. ----------------------------

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's ’s business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's ’s length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions entered into outside the ordinary course of business involves payments in excess of $500,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).

Employee Loans and Affiliate Transactions. (a a) Except as otherwise expressly permitted in this Section 6 with respect to Affiliates, no Credit Party shall enter into or be a party to any transaction with any other Credit Party or any Affiliate thereof except in the ordinary course of and pursuant to the reasonable requirements of such Credit Party's business and upon fair and reasonable terms that are no less favorable to such Credit Party than would be obtained in a comparable arm's length transaction with a Person not an Affiliate of such Credit Party. In addition, if any such transaction or series of related transactions involves payments in excess of $500,000 25,000 in the aggregate, the terms of such these transactions must be disclosed in advance to Agent and Lenders. All such transactions existing as of the date hereof are described on in Disclosure Schedule (6.4(a)).