Other Related Party Transactions Sample Clauses

Other Related Party Transactions. In addition to the specific arrangements authorized by the terms of this Agreement, the Company may enter into other transactions with the Manager or an Affiliate thereof, or engage any such Person to render services to the Company, and to pay compensation, fees or other consideration in respect thereto, if the terms of such transaction has been disclosed to the Members and approved by a Majority Vote of the Members. If the Company should propose any such transaction, the Manager shall prepare and distribute to the Members a written statement describing the material terms and conditions of the proposed transaction at the time the Company solicits Member approval to authorize the proposed transaction.
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Other Related Party Transactions. Based on the announcement made by the Parties on 11 May 2009, Aker makes the following undertaking with respect to other Related Party Transactions than the transactions encompassed by section 1.3: (i) Aker undertakes, with the exemptions expressly stated below, that no such Related Party Transaction shall be completed by Aker or the relevant Aker subsidiary unless the transaction has been approved by the Board of Directors of the Company according to the Super Majority Requirement set out in section 4.5 of the Shareholders’ Agreement. Such approval may be requested and obtained before the agreement is entered into. If not, Aker will procure that the relevant agreement contains conditions for completion which have the implication that if such approval is not achieved, Aker, or its relevant subsidiary, will not be bound by the agreement, or will have the right to prevent the agreement from becoming binding, or terminate it, by giving notice to the other party. (ii) Subsection (i) above shall only apply if the transaction would have required the determination by Xxxx Solutions’ general assembly according to section 3-8 of the PLC Act if the transaction had been entered into between Xxxx Solutions and a shareholder of Xxxx Solutions. (iii) When determining, in relation to subsection (ii) above, if the transaction would have required the determination by Xxxx Solutions’ general assembly, the exemption for agreements being a part of the company’s “ordinary course of business” in section 3-8 (1) no. 4 of the PLC Act shall be applied on a group level, as if Xxxx Solutions and its subsidiaries constituted a single entity. (iv) Notwithstanding subsections (ii) and (iii) above, any transaction concerning ownership interests in any business unit or units (including, but not limited to, through selling or acquiring such interest in all or the core asset(s) of a business unit, shares, partnership interests or other financial instruments), where the value of the aggregate consideration to be paid and/or the delivery to be made by Xxxx Solutions and/or its subsidiaries is more than NOK 100 million (adjusted pursuant to the Norwegian consumer price index from 31 December 2009) shall not be considered to be within “ordinary course of business” in relation to section 3-8 (1) no. 4 of the PLC Act. The exemption set out in section 3-8 (1) no. 3 of the PLC Act for transfer of securities at a price according to public quotation shall not apply to such transactions as referred t...
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Other Related Party Transactions. (a) Prior to the Company Spin-Off and for so long as the Company is an Affiliate of Remainco, the written consent of the Investors (which shall not be unreasonably withheld or delayed) will be required with respect to any transaction (or series of related transactions) between Remainco, on the one hand, and the Company or any of its Subsidiaries, on the other hand, that is not contemplated by the other provisions of this Article II or by Article III hereof and that (i) is not undertaken on terms at least as favorable to the Company or its Subsidiaries as those generally obtainable in an arms-length transaction with a non-Affiliate or (ii) that involves in excess of $120,000 or that is otherwise material to the Company and its Subsidiaries taken as a whole. Such consent right shall not transfer with any sale or transfer of the Notes by an Investor to any other Person other than an Affiliate of such Investor or an investment fund or funds managed by an Affiliate of such Investor. (b) Prior to the Company Spin-Off, the Company shall use a portion of the net proceeds from the sale of the Notes to purchase from Remainco the following: (A) marketable security positions, at original cost, in publicly traded (in the U.S. or outside of the U.S.) offshore marine related companies, including, without limitation, debt and equity holdings and put/call equity options relating thereto; and (B) debt positions in offshore marine related equipment, at the outstanding balance then remaining on such positions, in each case as set forth on Exhibit A-4. The Company currently shares and, following the Company Spin-Off, the Company will continue to share facilities in Houston, Texas and New York, New York with Remainco, and costs therefor shall be allocated between the Company and Remainco as allocated as set forth on Exhibit A-5.
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Other Related Party Transactions. (a) Lease Contracts with RRC and Sublease Agreement with Subsidiaries
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Other Related Party Transactions. On January 2, 2019, the Company entered into an agreement with XXX Consulting, which is owned by the chief operating officer, to perform administrative billing services for the Company relating to service agreements the Company has with medical offices. Pursuant to the agreement, XXX will provide billing services for the physician for all PC8B testing completed by the physician at a fee of $10 or $20 per test, depending on the test. XXX also provides the Company with office space in its offices in Denison, Texas for $500 per month. Convertible note payable (a) $ 102,500 $ 102,500 Convertible note payable (b) 98,400 98,400 Debt discount – unamortized balance (8,861 ) (12,129 ) Convertible note payable, net $ 192,039 $ 188,771
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Other Related Party Transactions. Apart from the services described above, Franchise System Hotels and certain other Hyatt-Affiliated Hotels routinely engage in a number of transactions with other Hyatt-Affiliated Hotels. For example, an individual hotel may engage in transactions with other Hyatt-Affiliated Hotels whereby the hotel is billed by another Hyatt-Affiliated Hotel or, conversely, bills another Hyatt-Affiliated Hotel, for reasons such as staff utilization (e.g., during periods of high demand).
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Related to Other Related Party Transactions

  • Related Party Transactions There are no business relationships or related party transactions involving the Company or any other person required to be described in the Registration Statement, the Pricing Disclosure Package and the Prospectus that have not been described as required.

  • Interested Party Transactions 26 2.19 Insurance............................................................... 26

  • Certain Relationships and Related Transactions No relationship, direct or indirect, exists between or among any Partnership Entity, on the one hand, and the directors, officers, stockholders, affiliates, customers or suppliers of any Partnership Entity, on the other hand, that is required to be described in the Preliminary Prospectus or the Prospectus and is not so described.

  • Other Relationships Any Agent and any other person, whether or not acting for itself, may acquire, hold or dispose of any Note, Coupon, Talon or other security (or any interest therein) of the Issuer or any other person, may enter into or be interested in any contract or transaction with any such person, and may act on, or as depositary, trustee or agent for, any committee or body of holders of securities of any such person, in each case with the same rights as it would have had if that Agent were not an Agent and need not account for any profit.

  • Other Related Activities (a) The Administrator and Affiliates thereof shall have the right to engage in the following activities (subject to compliance with laws and intellectual property rights of third parties) in exchange for the payment of an annual royalty of $10.00 per annum: (i) Rights to commercialize the Artwork for the duration of the operations of the Issuer; (ii) The right to perpetually offer the Artwork for sale, display and exhibition rights; (iii) The right to lend the Artwork to museums, galleries, private entities, individuals and the like; and (iv) The right to lease the Artwork to companies, private entities and individuals, (v) The right to offer perks to owners of Shares, subject to compliance with applicable laws, and the costs of which will be paid by the Administrator. (b) The Administrator shall bear any incremental third-party costs associated with such activities related to the activities set forth in this Section 2 and in the event that any revenues are generated from such other activities, the Administrator may retain such revenues.

  • Related Person Transactions Except for indemnification, compensation or other employment arrangements in the ordinary course of business, there are no Contracts, transactions, arrangements or understandings between the Company or any of its Subsidiaries, on the one hand, and any Affiliate (including any director or officer) thereof, but not including any wholly owned Subsidiary of the Company, on the other hand, that would be required to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC in the Company’s Form 10-K or proxy statement pertaining to an annual meeting of stockholders.

  • RELATIONSHIPS WITH RELATED PERSONS Neither Seller, Acquired Company or any Related Person of each Seller or of either Acquired Company has, or since the first day of the next to last completed fiscal year of any Acquired Company has had, any interest in any property (whether real, personal, or mixed and whether tangible or intangible), used in or pertaining to any Acquired Company’s business. Neither Seller, Acquired Company or any Related Person of each Seller or of any Acquired Company is, or since the first day of the next to last completed fiscal year of any Acquired Company has owned (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has (i) had business dealings or a material financial interest in any transaction with any Acquired Company other than business dealings or transactions conducted in the Ordinary Course of Business with any Acquired Company at substantially prevailing market prices and on substantially prevailing market terms, or (ii) engaged in competition with any Acquired Company with respect to any line of the products or services of any Acquired Company (a “Competing Business”) in any market presently served by any Acquired Company except for less than one percent of the outstanding capital stock of any Competing Business that is publicly traded on any recognized exchange or in the over-the-counter market. Neither Seller or any Related Person of each Seller or of any Acquired Company is a party to any Contract with, or has any claim or right against, any Acquired Company.

  • Certain Relationships No relationship, direct or indirect, exists between or among either of the Transaction Entities, on the one hand, and the directors, officers, stockholders, partners, customers or suppliers of the Transaction Entities, on the other hand, which is required to be described in the Registration Statement, the General Disclosure Package or the Prospectus which is not so described.

  • Transactions with Related Persons Except as set forth on Schedule 4.21, no Target Entity nor any of its Affiliates, nor any officer, director, manager, employee, trustee or beneficiary of a Target Entity or any of its Affiliates, nor any immediate family member of any of the foregoing (whether directly or indirectly through an Affiliate of such Person) (each of the foregoing, a “Company Related Person”) is presently, or in the past three (3) years, has been, a party to any transaction with a Target Entity, including any Contract or other arrangement (a) providing for the furnishing of services by (other than as officers, directors or employees of the Target Entity), (b) providing for the rental of real property or Personal Property from or (c) otherwise requiring payments to (other than for services or expenses as directors, officers or employees of the Target Entity in the ordinary course of business consistent with past practice) any Company Related Person or any Person in which any Company Related Person has an interest as an owner, officer, manager, director, trustee or partner or in which any Company Related Person has any direct or indirect interest (other than the ownership of securities representing no more than two percent (2%) of the outstanding voting power or economic interest of a publicly traded company). Except as set forth on Schedule 4.21, no Target Entity has outstanding any Contract or other arrangement or commitment with any Company Related Person, and no Company Related Person owns any real property or Personal Property, or right, tangible or intangible (including Intellectual Property) which is used in the business of any Target Entity. The assets of the Target Entities do not include any receivable or other obligation from a Company Related Person, and the liabilities of the Target Entities do not include any payable or other obligation or commitment to any Company Related Person.

  • Material Transactions or Affiliations Except as disclosed herein and in the IACH Schedules, there exists no contract, agreement or arrangement between IACH and any predecessor and any person who was at the time of such contract, agreement or arrangement an officer or director. IACH has no commitment, whether written or oral, to lend any funds to, borrow any money from, or enter into any other transaction with, any such affiliated person.

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