TRANSACTIONS WITH ASSOCIATED PERSONS. Engage in any transactions with any Associated Person, EXCEPT transactions in the ordinary and normal course of business which (A) include only terms and conditions that are fair and equitable to Borrower, (B) do not violate or otherwise conflict with any of the terms and provisions of this Agreement or any of the Loan Documents, (C) require the payment of no fees, charges or commissions by Borrower to any Associated Person, and (D) involve terms no less favorable to Borrower than would be the terms of a similar transaction with any person other than an Associated Person.
Appears in 3 contracts
Samples: Loan Agreement (Aspect Medical Systems Inc), Loan Agreement (Variagenics Inc), Loan Agreement (Aspect Medical Systems Inc)
TRANSACTIONS WITH ASSOCIATED PERSONS. Engage in any transactions with any Associated Person, EXCEPT except transactions in the ordinary and normal ------ course of business which (A) include only terms and conditions that are fair and equitable to Borrower, (B) do not violate or otherwise conflict with any of the terms and provisions of this Agreement or any of the Loan Documents, (C) require the payment of no fees, charges or commissions by Borrower to any Associated Person, and (D) involve terms no less favorable to Borrower than would be the terms of a similar transaction with any person other than an Associated Person.
Appears in 1 contract
Samples: Loan Agreement (Rowecom Inc)
