Related Owners definition
Examples of Related Owners in a sentence
Conduct, and cause each of its Subsidiaries to conduct, all transactions otherwise permitted under the Loan Documents with any of their Affiliates or any Permitted Related Owners on terms that are fair and reasonable and no less favorable to the Borrower or such Subsidiary than it would obtain in a comparable arm's-length transaction with a Person not an Affiliate.
Each Owner agrees that each reference in such Owner’s Guaranty to the Specified Guarantors shall refer to such Owner’s Related Owners.
Such Owner together with its Related Owners collectively own, directly or indirectly, fifty percent of the partnership interests of Seller.
Conduct, and cause each of its Subsidiaries to conduct, all transactions otherwise permitted under the Reimbursement Documents with any of their Affiliates or any Permitted Related Owners on terms that are fair and reasonable and no less favorable to Alexander's or such Subsidiary than it would obtain in a comparable arm's-length transaction with a Person not an Affiliate.