PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer any property to its parent or any affiliate of its parent, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval.
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Samples: Loan Agreement (Gasonics International Corp), Loan Agreement (Haskel International Inc), Logo] Loan Agreement (Gasonics International Corp)
PARENT AND SUBSIDIARY PROPERTY. Borrower Borrowers will not transfer any property to its parent or any affiliate of its parent, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by any Borrower to any such direct or indirect affiliate affiliate, except for commercially reasonable fees paid for accounting services and related management, without Bank's prior written approval.
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Samples: Loan Agreement (Track N Trail Inc), Loan Agreement (Track N Trail Inc)
PARENT AND SUBSIDIARY PROPERTY. Neither Borrower will not transfer any property to its parent or any affiliate of its parent, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by any Borrower to any such direct or indirect affiliate affiliate, except for commercially reasonable fees paid for accounting services and related management, without Bank's prior written approval.
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Samples: Loan Agreement (Track N Trail Inc)
PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer any property at less than cost to its parent or any affiliate of its parent, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval.5.8
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PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer any property to its parent or any affiliate of its parentaffiliate, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval.
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PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer Transfer any property to its parent or any affiliate of its parent, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval.
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Samples: Business Loan Agreement (Carpenter W R North America Inc)
PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer any property to its parent or any affiliate of its parent, except for value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval. SECTION 6.
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PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer any property to its parent or any affiliate of its parent, except for value received in the normal course of business business, as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval.unaffiliated
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PARENT AND SUBSIDIARY PROPERTY. Borrower will not transfer any property to its parent or any affiliate of its parent, except for fair market value received in the normal course of business as business would be conducted with an unrelated or unaffiliated entity. In no event shall management fees or fees for services be paid by Borrower to any such direct or indirect affiliate without Bank's prior written approval. Except as to those conducted and charged in the ordinary courses of business.
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