Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing.
Appears in 13 contracts
Samples: Loan and Security Agreement (Stable Road Acquisition Corp.), Loan and Security Agreement (Identiv, Inc.), Loan and Security Agreement (MeetMe, Inc.)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “"arms’ ' length” " dealing.
Appears in 7 contracts
Samples: Loan Agreement (Comps Com Inc), Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Ramp Networks Inc)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ ' length” dealing.
Appears in 3 contracts
Samples: Loan and Security Agreement (Quepasa Corp), Loan and Security Agreement (Quepasa Corp), Loan and Security Agreement (Lumera Corp)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing, unless approved by the disinterested members of the applicable Borrower’s board of directors.
Appears in 2 contracts
Samples: Loan and Security Agreement (Virtuix Holdings Inc.), Loan and Security Agreement (Digital Caddies, Inc.)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing, unless such transaction has been approved by Borrower’s board of directors, including a majority of non-interested directors.
Appears in 2 contracts
Samples: Loan and Security Agreement (Nanosphere Inc), Loan and Security Agreement (Nanosphere Inc)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealingdealing other than sales of equity securities to existing investors and employees in Borrower for capital raising purposes.
Appears in 2 contracts
Samples: Security Agreement (Tauriga Sciences, Inc.), Security Agreement (Tauriga Sciences, Inc.)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “"arms’ ' length” dealing" dealings.
Appears in 1 contract
Samples: Revolving Credit Agreement Accounts and Equipment (Auto Graphics Inc)
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable obtained in an “"arms’ ' length” " dealing.
Appears in 1 contract
Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing, except (a) sales of equity securities by Borrower and incurrence of Subordinated Debt for capital raising purposes, and (b) Permitted Investments.
Appears in 1 contract
