Common use of Limitation on Affiliate Transactions Clause in Contracts

Limitation on Affiliate Transactions. The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, in one transaction or a series of related transactions, sell, lease, transfer or otherwise dispose of any of its assets to, or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate involving aggregate value in excess of $40.0 million (an “Affiliate Transaction”), unless:

Appears in 9 contracts

Samples: Indenture (Weatherford International PLC), Indenture (Weatherford Irish Holdings Ltd.), Indenture (Weatherford International PLC)

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Limitation on Affiliate Transactions. The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, in one enter into, make, amend or conduct any transaction (including making a payment to, the purchase, sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property or the rendering of its assets toany service), or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance agreement or guarantee with, understanding with or for the benefit of, of any Affiliate involving aggregate value in excess of $40.0 million the Parent Guarantor (an “Affiliate Transaction”), ) unless:

Appears in 5 contracts

Samples: Indenture (Antero Resources LLC), Indenture (Antero Resources LLC), Indenture (Antero Resources Finance Corp)

Limitation on Affiliate Transactions. (a) The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly enter into or indirectlypermit to exist any transaction (including the purchase, in one transaction sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property, employee compensation arrangements or the rendering of its assets to, or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee service) with, or for the benefit of, any Affiliate involving aggregate value in excess of $40.0 million the Parent Guarantor (an “Affiliate Transaction”), ) involving an aggregate amount in excess of US$1.0 million unless:

Appears in 3 contracts

Samples: Indenture (Emeco Parts Pty LTD), Indenture (Emeco Parts Pty LTD), Indenture (Enduro SpA)

Limitation on Affiliate Transactions. The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, in one transaction or a series of related transactions, sell, lease, transfer or otherwise dispose of any of its assets to, or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate involving aggregate value in excess of $40.0 50.0 million (an “Affiliate Transaction”), unless:

Appears in 3 contracts

Samples: Supplemental Indenture (Weatherford International PLC), Indenture (Weatherford International PLC), Tenth Supplemental Indenture (Weatherford International PLC)

Limitation on Affiliate Transactions. The Parent Guarantor will shall not, and will shall not permit the Company or any other Restricted Subsidiary to enter into or permit to exist any transaction (including, without limitation, the sale, purchase, exchange or lease of its Restricted Subsidiaries to, directly assets or indirectly, in one transaction property or a series of related transactions, sell, lease, transfer or otherwise dispose the rendering of any of its assets toservice), or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate involving aggregate value in excess of $40.0 million the Parent Guarantor or any Restricted Subsidiary (an “Affiliate Transaction”), ) unless:

Appears in 3 contracts

Samples: Senior Subscription Agreement (TPG Advisors IV, Inc.), Facility Agreement (TPG Advisors IV, Inc.), Facility Agreement (TPG Advisors IV, Inc.)

Limitation on Affiliate Transactions. (a) The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, in one enter into, make, amend or conduct any transaction (including making a payment to, the purchase, sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property or the rendering of its assets toany service), or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance agreement or guarantee with, understanding with or for the benefit of, of any Affiliate involving aggregate value in excess of $40.0 million the Parent Guarantor (an “Affiliate Transaction”), ) unless:

Appears in 2 contracts

Samples: Warrant Agreement (Ultra Petroleum Corp), Indenture (Ultra Petroleum Corp)

Limitation on Affiliate Transactions. (a) The Restricted Parent Guarantor will shall not, and will shall not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, in one enter into or conduct any transaction (including the purchase, sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property or the rendering of its assets to, or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, service) with any Affiliate of the Restricted Parent Guarantor (an “Affiliate Transaction”) involving aggregate value in excess of $40.0 15 million (an “Affiliate Transaction”), unless:

Appears in 2 contracts

Samples: Indenture (Essar Steel Canada Inc.), Indenture (Essar Steel Algoma Inc.)

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Limitation on Affiliate Transactions. (a) The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, in one enter into, make, amend or conduct any transaction (including making a payment to, the purchase, sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property or the rendering of its assets toany service), or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance agreement or guarantee with, understanding with or for the benefit of, of any Affiliate involving aggregate value of the Parent Guarantor in excess of $40.0 5.0 million (an “Affiliate Transaction”), ) unless:

Appears in 1 contract

Samples: Indenture (Ultra Petroleum Corp)

Limitation on Affiliate Transactions. The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, in one enter into, make, amend or conduct any transaction (including making a payment to, the purchase, sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property or the rendering of its assets toany service), or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance agreement or guarantee with, understanding with or for the benefit of, of any Affiliate involving aggregate value in excess of $40.0 million the Parent Guarantor (an "Affiliate Transaction”), ") unless:

Appears in 1 contract

Samples: Indenture (Antero Resources Finance Corp)

Limitation on Affiliate Transactions. (a) The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly enter into or indirectlypermit to exist any transaction (including the purchase, in one transaction sale, lease or a series of related transactions, sell, lease, transfer or otherwise dispose exchange of any property, employee compensation arrangements or the rendering of its assets to, or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee service) with, or for the benefit of, any Affiliate involving aggregate value in excess of $40.0 million the Parent Guarantor (an “Affiliate Transaction”), ) involving an aggregate amount in excess of US$1.0 million (or the U.S. Dollar Equivalent thereof) unless:

Appears in 1 contract

Samples: Indenture (Enduro SpA)

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