Transactions by Issuer Sample Clauses

Transactions by Issuer. None of the Noteholders, the Swap Counterparty or the Note Insurer shall have any obligation to authorize the Issuer to, and the Issuer shall not (without the prior written consent of the Majority Holders and the Control Party), enter into any transaction, including, without limitation, any purchase, sale, lease or exchange of property or the rendering of any service, with any Person (including, without limitation any Affiliate, any shareholder, director, manager, officer or employee (or any relative thereof) of the Issuer or any such Affiliate) unless such transaction is (a) expressly permitted under this Indenture or any other Transaction Document, (b) in the ordinary course of conducting the Issuer’s permitted activities and (c) upon fair and reasonable terms no less favorable to the Issuer than it would obtain in a comparable arm’s-length transaction.