Transactions with Subsidiaries and Affiliates. Enter into, or be a party to, any transaction with any Subsidiary or Affiliate (including, without limitation, transactions involving the purchase, sale or exchange of property, the rendering of services or the sale of stock) except in the ordinary course of business pursuant to the reasonable requirements of the Borrower and upon fair and reasonable terms no less favorable to the Borrower than Borrower would obtain in a comparable arm's-length transaction with a person other than a Subsidiary or an Affiliate.
Transactions with Subsidiaries and Affiliates. Borrower will not enter into any transaction including, without limitation: (a) the making of any loans to, or the payment of any bonuses, fees or other money to, any Affiliate, and/or (b) the purchase, sale or exchange of property or the rendering of any service to any Subsidiary or Affiliate except for (i) transactions permitted under Section 8.4 or (ii) transactions in the ordinary course of and pursuant to the reasonable requirements of Borrower’s business and upon fair and reasonable terms no less favorable to Borrower than Borrower would obtain in a comparable arm’s-length transaction with an unaffiliated person or corporation.
Transactions with Subsidiaries and Affiliates. Except as provided in Section 8.4, neither the Borrower nor any of its Subsidiaries, if any, will transfer any cash or property to any Affiliate or enter into any transaction, including without limitation the purchase, lease, sale or exchange of property or the rendering of any service to any Affiliate; provided, that the Borrower and its Subsidiaries, if any, may transfer cash or property to Affiliates and enter into transactions with Affiliates for fair value in the ordinary course of business pursuant to terms that are no less favorable to the Borrower and its Subsidiaries, if any, than the terms upon which such transfers or transactions would have been made had such transfers or transactions been made to or with a Person that is not an Affiliate.
Transactions with Subsidiaries and Affiliates. Enter into, or be a party to, any transaction with any Subsidiary or Affiliate (including, without limitation, transactions involving the purchase, sale or exchange of property, the rendering of services or the sale of stock) except in the ordinary course of business and upon fair and reasonable terms no less favorable than would be obtained in a comparable arm's-length transaction with a person other than a Subsidiary or an Affiliate.
Transactions with Subsidiaries and Affiliates. Directly or indirectly enter into or permit to exist any material transaction with any Subsidiary or Affiliate of Borrower except for transactions that are in the ordinary course of Borrower's business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm's length transaction with a non-affiliated Person.
Transactions with Subsidiaries and Affiliates. Except transactions described on Schedule 8.11 (or guaranty agreements, security agreements, pledge agreements or similar agreements made in favor of the Agent (for the benefit of the Lenders)), such Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any transaction with any Affiliate, including, without limitation: (A) the making of any loans to, or the payment of any bonuses, fees or other money to, any Affiliate, and (B) the purchase, sale or exchange of property or the rendering of any service to or by any Affiliate. Unless otherwise expressly stated in Schedule 8.11, all transactions described on Schedule 8.11 shall be fair and reasonable to each Borrower (as the case may be) and on terms not less favorable to each such Borrower (as the case may be) than such Borrower could obtain in such a transaction with a party other than its Affiliate. The term "Affiliate" as used in this Subsection 8.11 shall have the meaning given in Subsection 1.1 hereof and also shall include any executive officer, director, employee or stockholder of any Affiliate of such Borrower or any Person related to any such Person within the third degree of consanguinity.
Transactions with Subsidiaries and Affiliates. The Borrower, its Subsidiaries and its Affiliates 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 or Affiliate, on terms that are less favorable than those that might be obtained in an arm's length transaction at the time from Persons who are not such a Subsidiary or Affiliate. Nothing contained in this Section 7.05 shall prohibit any transaction expressly permitted by Section 7.03 hereof.
Transactions with Subsidiaries and Affiliates. Neither the Borrower nor any Subsidiary will enter into any transaction (including the purchase, sale or exchange of Property or the rendering of any service) with any Affiliate except upon fair and reasonable terms which are at least as favorable to the Borrower and to the Subsidiary as would be obtained in a comparable arms- length transaction with a non-Affiliate.
Transactions with Subsidiaries and Affiliates. Borrower and each Subsidiary shall not enter into or be a party to any material transaction or arrangement with any subsidiary or affiliate, including without limitation, the purchase from, sale to or exchange of property with, any merger or consolidation with or into, or the rendering of any service by or for, any subsidiary or affiliate, except in the ordinary course of and pursuant to the reasonable requirements of Borrower’s business and upon terms no less favorable to Borrower than could be obtained in a similar transaction involving a third-party.
Transactions with Subsidiaries and Affiliates. Except as expressly contemplated by Subsections 8.1, 8.2, 8.3, 8.4, 8.5 and 8.7, Borrower will not, and will not permit any of its Subsidiaries to, enter into any transaction with any Affiliate, including, without limitation: (a) the making of any loans to, or the payment of any bonuses, fees or other money to, any Affiliate, and (b) the purchase, sale or exchange of property or the rendering of any service to any Subsidiary or Affiliate, except for (i) salaries and bonuses paid to officers of Borrower or any Subsidiary, (ii) sales to New QuikWater, provided that Borrower shall not permit the aggregate outstanding amount of accounts receivable from, and investments in and advances to, New QuikWater to at any time exceed $15,000, and (iii) the transactions listed on Schedule 8.11, in each case to the extent the same are in the ordinary course of and pursuant to the reasonable requirements of Borrower's and such Subsidiary's business and upon fair and reasonable terms no less favorable to Borrower or such Subsidiary than Borrower or such Subsidiary would obtain in a comparable arm's-length transaction with an unaffiliated person or corporation. The term "Affiliate" as used in this Subsection 8.9 only shall have the meaning in Subsection 1.1 and shall also include (i) any officer, director, employee or stockholder of any Affiliate of Borrower, and (ii) any Person related to any such Person described in clause (i) of this Subsection within the third degree of consanguinity.
