Common use of Payments to Affiliates Clause in Contracts

Payments to Affiliates. Pay any salaries, compensation, management fees, consulting fees, service fees, licensing fees, or other similar payments to Affiliates of any Borrower (except other Borrowers) other than on terms and conditions substantially as favorable to the Borrowers as would be obtainable by it in a comparable arm's length transaction with a person other than an Affiliate.

Appears in 2 contracts

Samples: Credit Agreement (Delias Inc), Credit Agreement (Delias Inc)

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Payments to Affiliates. Pay any salaries, salaries or other compensation, fees (including but not limited to management fees, and consulting fees, service fees, licensing fees, ) or other similar payments to Affiliates any Affiliate of any Borrower (except other Borrowers) other than on terms at market rates and conditions substantially as favorable to in the Borrowers as would be obtainable by it in a comparable arm's length transaction with a person other than an Affiliateordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Hunt Corp)

Payments to Affiliates. Pay any salaries, compensation, management fees, consulting fees, service fees, licensing fees, or other similar payments to Affiliates of any Borrower (except other Borrowers) other than on an arms-length basis for value, and on terms and conditions substantially as favorable to are customary in the Borrowers as would be obtainable by it in a comparable arm's length transaction with a person other than an Affiliateindustry between and among unrelated entities.

Appears in 1 contract

Samples: Credit Agreement (David Bridal Inc)

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Payments to Affiliates. Pay any salaries, compensation, ---------------------- management fees, consulting fees, service fees, licensing fees, or other similar payments to Affiliates of any Borrower (except other Borrowers) other than on terms and conditions substantially as favorable to the Borrowers as would be obtainable by it in a comparable arm's length transaction with a person other than an Affiliate.

Appears in 1 contract

Samples: Credit Agreement (Zany Brainy Inc)

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