Transactions with Subsidiaries. The Partnership may lend or contribute funds or other assets to its Subsidiaries or other Persons in which it has an equity investment and such Subsidiaries and Persons may borrow funds from the Partnership, on terms and conditions established in the sole and absolute discretion of the General Partner. The foregoing authority shall not create any right or benefit in favor of any Subsidiary or any other Person.
Transactions with Subsidiaries. Borrower will not purchase, acquire, provide, or sell any equipment, other personal property, real property or services from or to any Subsidiary, except in the ordinary course and pursuant to the reasonable requirements of Borrower’s business.
Transactions with Subsidiaries. Except as otherwise permitted hereunder, sell or transfer any property to, or sell, convey or purchase any assets from, or enter into any other transaction (whether material or otherwise) with, make any investment with or to, or engage in any other business arrangement with, any Subsidiary or Affiliate of Borrower, or enter into an agreement to do any of the foregoing.
Transactions with Subsidiaries. Borrower agrees that the aggregate amount of all expenses Borrower incurs on behalf of its Subsidiaries plus the aggregate amount of money or other assets Borrower loans and/or transfers to its Subsidiaries shall not at anytime exceed $1,000,000 during the term of this Agreement. The preceding shall not include any such expenses, loans and/or transfers incurred or made prior to the date of this Agreement.
Transactions with Subsidiaries. Borrower agrees that the aggregate amount of all expenses Borrower incurs on behalf of its subsidiaries plus the aggregate amount of money or other assets Borrower loans and/or transfers to its subsidiaries shall not at anytime exceed $500,000 during the term of this Agreement. The preceding shall not include any such expenses, loans and/or transfers incurred or made prior to the date of this Agreement.
Transactions with Subsidiaries. Borrower shall not enter into any transaction (including, without limitation, any purchase, sale, lease or exchange of property or the rendering of any service) with any Subsidiary except in the ordinary course of Borrower's business and upon fair and reasonable terms that are no less favorable to it than would obtain in a comparable arm's length transaction with any third person. Borrower shall not use proceeds of the Loan for the purpose of capitalizing or of funding the operating or capital expenses of any Subsidiary.
Transactions with Subsidiaries. The Borrower will not, and will not permit any Subsidiary to, sell, lease or otherwise transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its Subsidiaries, except (a) transactions in the ordinary course of business that are at prices and on terms and conditions not less favorable to the Borrower or such Subsidiary than could be obtained on an arm's length basis from unrelated third parties, (b) any Restricted Payment not prohibited by Section 6.07, (c) the transactions described in Section 6.04, when not prohibited under Section 6.04, and (d) the transactions described in Section 6.05 when not prohibited under Section 6.05.
Transactions with Subsidiaries. If the Borrower or any Subsidiary, or a Subsidiary and another Subsidiary, creates or enters into any agreement with a Subsidiary which is on terms and conditions more favorable to such Subsidiary than would apply in a similar agreement with a Person which is not an Affiliate, then, in the event that any such benefitted Subsidiary merges or consolidates with another entity such that the surviving entity is no longer a Subsidiary, or such agreement is, or the benefits of such agreement are, sold (in one transaction or a series of transactions to a Person that is not a Subsidiary), any such agreement involving such benefitted Person must, prior to such merger, consolidation or sale of assets, be modified so that the terms and conditions thereof would be no more favorable than would apply with a Person which is not an Affiliate.
Transactions with Subsidiaries. The Borrower will not, and will not permit any Subsidiary to, sell, lease or otherwise transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its Subsidiaries, except (a) transactions in the ordinary course of business that are at prices and on terms and conditions not less favorable to the Borrower or such Subsidiary than could be obtained on an arm's-length basis from unrelated third parties, (b) any Restricted Payment not prohibited by Section 6.07, (c) the transactions described in Section 6.04, when not prohibited under Section 6.04, (d) the transactions described in Section 6.05 when not prohibited under Section 6.05, and (e) the transactions contemplated by the issuance of any Borrower Note, Indebtedness incurred by the Borrower to Finance and the Finance Capitalization."
(i) Section 9.14 is hereby amended and restated in its entirety to read as follows:
(a) Topps Enterprises has joined in this Agreement, as a Subsidiary and a Guarantor, in order to provide its confirmation of all representations and warranties made herein by the Borrower with respect to Topps Enterprises, (in its capacity as a Subsidiary, a Guarantor or otherwise) and to set forth its agreement to perform all of the things required herein to be "caused" by the Borrower with respect to Topps Enterprises (in its capacity as a Subsidiary, a Guarantor or otherwise).
(b) Finance has joined in this Agreement as a Subsidiary and a Guarantor in order to provide its confirmation of all of the representations and warranties made herein by the Borrower with respect to Finance (in its capacity as a Subsidiary, a Guarantor or otherwise), and to set forth its agreement (in addition to its covenant under Section 6.01) to perform all of the things required herein to be "caused" by the Borrower with respect to Finance (in its capacity as a Subsidiary, a Guarantor or otherwise)."
Transactions with Subsidiaries. Borrower shall not directly or indirectly enter into or permit to exist any transaction (including, without limitation, the purchase, sale, lease or exchange of any property or the rendering of any service) with any Subsidiary on terms less favorable to Borrower than those that might be obtained from unrelated parties who are not Subsidiaries.
