Transactions Among Affiliates. Cause all transactions between and among Affiliates to be on an arms-length basis and on such terms and conditions as are customary in the applicable industry between and among unrelated entities.
Transactions Among Affiliates. Except pursuant to existing ----------------------------- agreements as described on Exhibit C hereto, cause all transactions between and among it and its Affiliates, other than transactions among the Companies, to be on an arms-length basis and on such terms and conditions as are customary in the applicable industry between and among unrelated entities.
Transactions Among Affiliates. All transactions and courses of dealing between (or among) each Borrower and its Affiliates will be in the ordinary course of business and on 43 terms and conditions not more favorable to such Affiliates than those prevailing in the marketplace between (or among) businessmen dealing with each other at arm's length with regard to like or similar transactions.
Transactions Among Affiliates. Except for transactions between the Borrower and Subsidiaries otherwise permitted hereby, the Borrower will not, and will not permit any Subsidiary to, become a party to any transaction with each other or any Affiliate unless the terms and conditions relating to such transaction are as favorable to the Borrower or such Subsidiary as would be obtainable at the time in a comparable arms-length transaction with a Person other than each other or an Affiliate.
Transactions Among Affiliates. The Obligors will not become a party to any transaction with an Affiliate of Borrower or Xxxx Gang unless the terms and conditions relating to such transaction are as favorable to such Obligor as would be obtainable at the time in a comparable arms-length transaction with a Person other than an Affiliate or Xxxx Gang or pay or incur any obligation to pay any management, service, consulting or similar fees to any Affiliate or Xxxx Gang, excluding salaries, bonuses and benefits to Xxxx Gang who is also an employee of Borrower.
Transactions Among Affiliates. No Borrower will become a party to any transaction with an Affiliate (or any other Person directly or indirectly related to or under common control with any Affiliate), of any other Borrower unless the terms and conditions relating to such transaction are as favorable to such Borrower as would be obtainable at the time in a comparable arms-length transaction with a Person other than an Affiliate or such other related Person or pay or incur any obligation to pay any management, service, consulting or similar fees to any Affiliate or such other related Person. 105 In addition, no Borrower will transfer, convey or assign any assets to ORC TeleServices, Inc.; the assets owned at any time by ORC TeleServices, Inc. will not exceed $250,000 in value; and ORC TeleServices, Inc. will be liquidated in the normal course of business.
Transactions Among Affiliates. Ensure that all transactions and courses of dealing between (or among) any of the Borrower and its shareholders, officers, directors, Subsidiaries and Affiliates will be: (a) in the ordinary course of business or (b) in an amount (in each case) not to exceed $250,000; and on the terms and conditions which are fully disclosed to the Lender and not more favorable than those prevailing in the marketplace between (or among) businessmen dealing with each other at arm's length with regard to like or similar transactions. Any loans, extensions of credit or financial accommodations from any of the Borrower's officers, directors or shareholders to the Borrower, whether now or hereafter existing, shall be subordinated to the Obligations.
Transactions Among Affiliates. Cause all transactions between and among it and its Affiliates, other than transactions among the Borrowers, to be in the ordinary course of and pursuant to the reasonable requirements of any Borrower's business and upon fair and reasonable terms no less favorable to such Borrower than such Borrower would obtain in a comparable arm's length transaction with an unaffiliated person. Without limiting the generality of the foregoing, (a) in no event shall Borrowers sell any Inventory to iTurf or require payment for Inventory by iTurf to Borrowers on terms less favorable to Borrowers than the terms pursuant to which Borrowers are selling Inventory to iTurf and iTurf is making payments for such purchases as of the date hereof, or reduce the amount of any fees or other charges payable by iTurf to Borrowers from the rates in effect on the date hereof and (b) in no event shall Borrowers segregate or otherwise identify any Inventory to be sold to iTurf except upon the shipment of the Inventory to the customer purchasing such Inventory from iTurf.
Transactions Among Affiliates. Section 6.10 of the Credit Agreement is hereby amended to delete the last sentence thereof.
Transactions Among Affiliates. Cause all transactions between and among Borrower, its Affiliates, directors and officers and any persons holding 5% or more of the outstanding Capital Stock of Borrower to be on an arms-length basis and on such terms and conditions as are customary in the applicable industry between and among unrelated entities.