Common use of Transactions with Related Persons Clause in Contracts

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 14 contracts

Samples: Loan and Security Agreement (Innventure, Inc.), Loan and Security Agreement (Stable Road Acquisition Corp.), Loan and Security Agreement (Identiv, Inc.)

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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: Credit Agreement (Emcon), Loan and Security Agreement (Cancervax Corp), Loan and Security Agreement (Cosine Communications 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” dealingdealing other than sales of equity securities to existing investors and employees in Borrower for capital raising purposes.

Appears in 2 contracts

Samples: Bridge Loan and Security Agreement (Tauriga Sciences, Inc.), Bridge Loan and 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, 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.)

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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

Samples: Credit Agreement (Integrated Sensor Solutions 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 (Auto Graphics Inc)

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