Transactions with Affiliated Persons. Without the prior written approval of the Majority Lenders (including the Agent), which approval may be granted, withheld, conditioned or delayed in its sole discretion, the Loan Parties shall not, and shall not permit any of their respective Subsidiaries to, directly or indirectly, enter into or permit to exist any transaction (including, without limitation, the purchase, sale, lease or exchange of any property, the rendering of any service or the making of any Investment or Guaranty, or the amendment, restatement, supplement or other change of, or waiver or failure to enforce any obligations under, any agreement) with any holder of 5% or more of any class of equity Securities of Borrower or COPT or any Affiliate or Subsidiary of COPT unless the terms thereof are not less favorable to such Loan Party or Subsidiary, as the case may be, than those that might be obtained in a comparable transaction at the time on an arms-length basis from Persons who are not such a holder or Affiliate.
Transactions with Affiliated Persons. Except for employment arrangements disclosed on Schedule 5.2.13 or 5.2.15(a) and except as set forth on Schedule 5.2.19, to Sellers' knowledge, no officer, director or employee of the Operating Companies nor any relative of any such officer, director or employee, is a party to or has an interest (including to Sellers' knowledge material equity interests in third parties), directly or indirectly, in any contract or commitment to which the Operating Companies in connection with the B-Line Business is a party or by which any of the Assets are or may be bound or subject, or has any interest (including to Sellers' knowledge material equity interests in third parties), directly or indirectly, in any personal property, tangible or intangible, owned by the Operating Companies and used in the B-Line Business.
Transactions with Affiliated Persons. 3.26.1. Since December 31, 2001, except as set forth on Schedule 3.26, neither the Company nor any of its Subsidiaries has at any time, directly or indirectly, purchased, leased or otherwise acquired any material property or obtained any material services from, or sold, leased or otherwise disposed of any material property or furnished any material services to (except in each case with respect to remuneration for services rendered as a director, officer, consultant or employee of the Company or any of its Subsidiaries), in the ordinary course of business or otherwise, any officer, director, employee, stockholder, any family member of any officer, director, employee, stockholder or any other person (other than the Company and its Subsidiaries) that, directly or indirectly, alone or together with others, controls, is controlled by or is under common control with the Company, any of its Subsidiaries or any officer, director, employee, stockholder or any family member of any officer, director, employee or stockholder (the preceding persons listed in this sentence being referred to herein collectively as "AFFILIATED PERSONS" and individually as an "AFFILIATED PERSON").
Transactions with Affiliated Persons. The Borrower shall not pay or enter into any agreement to pay any fees, wages, salary, bonus, commission, contributions to benefit plans or any other compensation for goods or services to or for the benefit of any Person who is a director or officer of the Borrower or who has, or any of whose affiliates has, a beneficial interest in the capital stock of the Borrower, unless such compensation is not in excess of the fair market value of such services.
Transactions with Affiliated Persons. Without the prior written approval of the Agent, which approval may be granted, withheld, conditioned or delayed in its sole discretion, the Loan Parties shall not, and shall not permit any of their respective Subsidiaries to, directly or indirectly, enter into or permit to exist any transaction (including, without limitation, the purchase, sale, lease or exchange of any property, the rendering of any service or the making of any Investment or Guaranty, or the amendment, restatement, supplement or other change of, or waiver or failure to enforce any obligations under, any agreement) with any holder of 5% or more of any class of equity Securities of the Borrower or CapStar or any Affiliate of the Borrower or CapStar unless the terms thereof are not less favorable to such Loan Party or Subsidiary, as the case may be, than those that might be obtained in a comparable transaction at the time on an arms-length basis from Persons who are not such a holder or Affiliate; PROVIDED, HOWEVER, that this subsection 7.10 shall not apply to (x) any transaction between the Borrower and any of its Wholly Owned Subsidiaries that are Loan Parties or between any of its Wholly Owned Subsidiaries that are Loan Parties, (y) any transaction listed on SCHEDULE 7.10 annexed hereto (but not any amendment, restatement, supplement or other change of, or waiver or failure to enforce any obligations under, any agreement related thereto) and (z) the terms and conditions of the compensation paid to any such holder or Affiliate in his or her capacity as a director or employee of such Loan Party or Subsidiary that shall be approved by a majority of the independent directors of CapStar or by a majority of independent directors on a committee of the Board of Directors of CapStar having at the time two or more independent directors.
Transactions with Affiliated Persons. Except as set forth in Section 4.20 of the Disclosure Schedule and except (i) for employment relationships between any of the Companies and employees of such Company, (ii) for remuneration by any of the Companies for services rendered as a director, officer or employee of any of the Companies, or (iii) as set forth in Section 4.20 of the Disclosure Schedule, reimbursement of expenses in the ordinary course of business consistent with past practice to directors, officers and employees, (A) none of the Companies has, and has not since its inception, in the ordinary course of business consistent with past practice or otherwise, directly or indirectly, purchased, leased or otherwise acquired any property or obtained any services from, or sold, leased or otherwise disposed of any property or furnished any services to, any Affiliated Person; (B) none of the Companies owes any amount to any Affiliated Person; (C) no Affiliated Person owes any amount to any of the Companies; and (D) no part of the property or assets of any Affiliated Person is used by any of the Companies in the conduct or operation of its business.
Transactions with Affiliated Persons. Except (i) as Publicly Disclosed, (ii) for employment relationships between SIGA or any of the SIGA Subsidiaries and employees of SIGA or any of the SIGA Subsidiaries otherwise disclosed pursuant to this Agreement, (iii) for remuneration by SIGA or any of the SIGA Subsidiaries for services rendered as a director, officer or employee of SIGA or any of the SIGA Subsidiaries otherwise disclosed pursuant to this Agreement, or (iv) as set forth in Schedule 6.18, (A) neither SIGA nor any of the SIGA Subsidiaries has, and has not since its inception, in the ordinary course of business or otherwise, directly or indirectly, purchased, leased or otherwise acquired any property or obtained any services from, or sold, leased or otherwise disposed of any property or furnished any services to any affiliate of SIGA or any of the SIGA Subsidiaries; (B) neither SIGA nor any of the SIGA Subsidiaries owes any amount to any affiliate of SIGA or any of the SIGA Subsidiaries; (C) no affiliate of SIGA or any of the SIGA Subsidiaries owes any amount to any of SIGA or any of the SIGA Subsidiaries; and (D) no part of the property or assets of any affiliate of SIGA or any of the SIGA Subsidiaries is used by any of SIGA or any of the SIGA Subsidiaries in the conduct or operation of its businesses. No affiliate of SIGA or any of the SIGA Subsidiaries owns any business which is a significant competitor of SIGA or any of the SIGA Subsidiaries.
Transactions with Affiliated Persons. Except as listed in EXHIBIT 3.17 hereto, or elsewhere in this Agreement, to the knowledge of the Newmans, no"Affiliate" of either Zenex Telecom, Prestige or Zenex Long Distance has engaged in any material transactions with either Zenex Telecom, Prestige or Zenex Long Distance.
Transactions with Affiliated Persons. Except as set forth on Schedule 3.19, no Affiliated Person of a Seller nor any member of the immediate family of any Affiliated Person of a Seller (i) is a competitor, customer or supplier of a Seller, (ii) has any right to or interest in, other than rights and interests related to such Person’s role with a Seller, any asset, tangible or intangible, which is used in the operations of a Seller, or (iii) has any Outstanding Indebtedness to or from a Seller.
Transactions with Affiliated Persons. Without the prior written approval of Lender, which approval may be granted, withheld, conditioned or delayed in its sole discretion, the Loan Parties shall not, and shall not permit any of their respective Subsidiaries to, directly or indirectly, enter into or permit to exist any transaction (including, without limitation, the purchase, sale, lease or exchange of any property, the rendering of any service or the making of any Investment or Guaranty, or the amendment, restatement, supplement or other change of, or waiver or failure to enforce any obligations under, any agreement) with any holder of 5% or more of any class of equity Securities of Borrower or Royale or any Affiliate or Subsidiary of Royale unless the terms thereof are not less favorable to such Loan Party or Subsidiary, as the case may be, than those that might be obtained in a comparable transaction at the time on an arms-length basis from Persons who are not such a holder or Affiliate.
