Common use of Transactions with Affiliates; Arm’s Length Transactions Clause in Contracts

Transactions with Affiliates; Arm’s Length Transactions. The Company will not, and will not cause or permit any of its Subsidiaries to, enter into, renew or extend or be a party to any transaction or series of related transactions with (a) any Affiliate of the Company, (b) any Joint Venture Partner, or (c) any director or officer of the Company, except in each case if such transaction is entered into upon fair and reasonable terms no less favorable to the Company or such Subsidiary than are obtainable in a comparable arm’s length transaction with an independent unrelated third party that is not one of the persons listed in (a), (b) or (c) above. The Company will not, and will not cause or permit any of its Subsidiaries to, enter into any transaction other than on an arm’s length basis.

Transactions with Affiliates; Arm’s Length Transactions. The Company will not, and will not cause or permit any of its Subsidiaries to, enter into, renew or extend or be a party to any transaction or series of related transactions with (a) any Affiliate of the Company, (b) any Joint Venture Partner, or (c) any director or officer of the Company, except in each case if such transaction is entered into upon fair and reasonable terms no less favorable to the Company or such Subsidiary than are obtainable in a comparable arm’s arm’s-length transaction with an independent unrelated third party that is not one of the persons listed in (a), (b) or (c) above. The Company will not, and will not cause or permit any of its Subsidiaries to, enter into any transaction other than on an arm’s length basis.