Common use of Limitation on Affiliate Transactions Clause in Contracts

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being “Affiliate Transactions”) involving aggregate value in excess of $50 million unless:

Appears in 7 contracts

Samples: Credit Agreement (Altice USA, Inc.), Credit Agreement (CSC Holdings LLC), Credit Agreement (Altice USA, Inc.)

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Limitation on Affiliate Transactions. (a) The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly, to enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 100.0 million unless:

Appears in 6 contracts

Samples: Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)

Limitation on Affiliate Transactions. (a) The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, enter into or conduct permit to exist any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property property, employee compensation arrangements or the rendering of any service) with with, or for the benefit of, any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 5 contracts

Samples: Credit Agreement (Rotech Healthcare Inc), Term Credit Agreement (Sirius Xm Radio Inc.), Credit Agreement (Rotech Healthcare Inc)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such an “Affiliate Transaction”) involving aggregate payments or consideration in excess of $1.0 million per transaction or series of related transactions being “Affiliate Transactions”) involving aggregate value in excess of $50 million unless:

Appears in 4 contracts

Samples: Intercompany Subordination Agreement (Lee Enterprises, Inc), Credit Agreement (Lee Enterprises, Inc), Credit Agreement (Lee Enterprises, Inc)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including material transaction, including, without limitation, the purchase, sale, lease sale or exchange of any property or assets or the rendering of any service) services, with any Affiliate Affiliate, except (i) a transaction in the ordinary course of business which is upon terms no less favorable to the Borrower or such Subsidiary, as the case may be, than it would obtain in a comparable transaction on an arm's length basis with a Person not an Affiliate and (any such transaction or series of related transactions being “Affiliate Transactions”ii) involving aggregate value in excess of $50 million unless:a Dividend Payment permitted by Sections 5.05 and 5.06.

Appears in 4 contracts

Samples: Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Quicksilver Resources Inc), Guaranty Agreement (Quicksilver Resources Inc)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including material transaction, including, without limitation, the purchase, sale, lease sale or exchange of any 47 property or assets or the rendering of any service) services, with any Affiliate Affiliate, except (i) a transaction in the ordinary course of business which is upon terms no less favorable to the Borrower or such Subsidiary, as the case may be, than it would obtain in a comparable transaction on an arm's length basis with a Person not an Affiliate and (any such transaction or series of related transactions being “Affiliate Transactions”ii) involving aggregate value in excess of $50 million unless:a Dividend Payment permitted by Sections 5.05 and 5.06.

Appears in 1 contract

Samples: Credit Agreement (Litton Industries Inc)

Limitation on Affiliate Transactions. (a) The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 1 contract

Samples: Junior Lien Term Loan Credit Agreement (McClatchy Co)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 1 contract

Samples: Second Lien Credit Agreement (Callon Petroleum Co)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being “Affiliate Transactions”) involving aggregate value in excess of the greater of $50 40 million and 18% of L2QA Pro Forma EBITDA unless:

Appears in 1 contract

Samples: Credit Agreement (Altice USA, Inc.)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into into, make, amend or conduct any transaction or series of related transactions (including making a payment to, the purchase, sale, lease or exchange of any property or the rendering of any service) ), contract, agreement or understanding with or for the benefit of any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 1 contract

Samples: Third Lien Senior Secured Term Loan Agreement (Alta Mesa Holdings, LP)

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Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its the Restricted Subsidiaries to, directly or indirectly, enter into into, make, amend or conduct any transaction or series of related transactions (including making a payment to, the purchase, sale, lease or exchange of any property or the rendering of any service) ), contract, agreement or understanding with or for the benefit of any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 1 contract

Samples: Credit Agreement (Atlas Resource Partners, L.P.)

Limitation on Affiliate Transactions. (a) The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, enter into or conduct permit to exist any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property property, employee compensation arrangements or the rendering of any service) with with, or for the benefit of, any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million subject to the Financing Orders, unless:

Appears in 1 contract

Samples: Possession Credit Agreement (Rotech Healthcare Inc)

Limitation on Affiliate Transactions. (a) The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly, to enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 100.0 million unless:: 151

Appears in 1 contract

Samples: Credit Agreement (Frontier Communications Corp)

Limitation on Affiliate Transactions. (a) The Each of the Parent and the Borrower will not, and will not permit any of its the Restricted Subsidiaries to, directly or indirectly, enter into into, make, amend or conduct any transaction or series of related transactions (including making a payment to, the purchase, sale, lease or exchange of any property or the rendering of any service) ), contract, agreement or understanding with or for the benefit of any Affiliate or Interested Party of the Borrower Parent (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:

Appears in 1 contract

Samples: Credit Agreement (Titan Energy, LLC)

Limitation on Affiliate Transactions. (a) The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, enter into or conduct permit to exist any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property property, employee compensation arrangements or the rendering of any service) with (which term, for purposes of this Section 7.6, shall include “for the benefit of” where appropriate in the context) any Affiliate of the Borrower (any such transaction or series of related transactions being “Affiliate Transactions”) involving aggregate value that involves an amount in excess of $50 million 10,000,000 (an “Affiliate Transaction”) unless:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (U.S. Concrete, Inc.)

Limitation on Affiliate Transactions. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, enter into or conduct any transaction or series of related transactions (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of the Borrower (any such transaction or series of related transactions being an “Affiliate TransactionsTransaction”) involving aggregate value in excess of $50 million unless:: 118

Appears in 1 contract

Samples: Second Lien Credit Agreement (Quicksilver Resources Inc)

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