Management Fees and Compensation. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, pay any management, consulting or similar fees to any Affiliate of any Credit Party or to any officer, director or employee of any Credit Party or any Affiliate of any Credit Party except:
Management Fees and Compensation. No Loan Party shall, and no Loan Party shall permit any of its Subsidiaries to, pay any management, consulting or similar fees to any Affiliate of any Loan Party or to any officer, director or employee of any Loan Party or any Affiliate of any Loan Party or pay or reimburse Sponsor or any of its Affiliates (other than a Loan Party) for any costs, expenses and similar items except:
Management Fees and Compensation. Except as set forth in the DIP Budget, pay any management, consulting or other similar fees to any Person.
Management Fees and Compensation. Directly or indirectly pay any management, consulting or other similar fees to any person, except (a) legal or consulting fees paid to persons or entities that are not Affiliates of the Borrower or its subsidiaries for services actually rendered and in amounts typically paid by entities engaged in the Borrower’s or such subsidiary’s business or (b) management fees pursuant to any written agreement between Borrower and an Affiliate that have been disclosed to Lender pursuant to Schedule 5.02(l) of this Agreement and to which Lender has consented; or
Management Fees and Compensation. The Borrower shall not, and shall not permit any of its Subsidiaries to pay any management, consulting or similar fees to any Affiliate of the Borrower or to any officer, director or employee of the Borrower or any of its Subsidiaries or any Affiliate of the Borrower except, in each instance solely to the extent permitted under the Subordinated Loan Agreement:
Management Fees and Compensation. 35 5.8 Use of Proceeds......................................................35 5.9
Management Fees and Compensation. Directly or indirectly pay any management, consulting or other similar fees to any person, except (i) for fees and compensation listed on Schedule 5.02(l), and (ii) for legal or consulting fees paid to persons or entities that are not Affiliates of the Borrower or its Subsidiaries for services actually rendered and in amounts typically paid by entities engaged in the Borrower’s or such Subsidiary’s business; or
Management Fees and Compensation. The Company shall not, nor shall it permit any of its Subsidiaries, directly or indirectly, to pay any management, consulting or similar fees to any Affiliate or to any director, officer or employee of the Company or any of its Subsidiaries except reasonable director's fees and expenses and except as set forth on SCHEDULE 9.13. Notwithstanding the foregoing, no payments may be made with respect to any items set forth on SCHEDULE 9.13 upon the incurrence and during the continuation of an Event of Default.
Management Fees and Compensation. It shall not pay any management, consulting or similar fees to any Affiliate (other than an Obligor or Obligors) or to any officer, director or employee of it or any Affiliate except (i) payment of reasonable compensation and expense reimbursement to officers and employees for actual services rendered to, and expenses incurred for, it in the ordinary course of business, and (ii) payment of directors' fees and reimbursement of actual out- of-pocket expenses incurred in connection with attending board of director meetings not to exceed in the aggregate for the Obligors with respect to all such items US$500,000 in any Fiscal Year provided that no such payment shall be made if a Default or an Event of Default is outstanding or if the making of such payment will result in a Default or an Event of Default.
Management Fees and Compensation. Borrower will not and will not permit any of its Subsidiaries directly or indirectly to pay any management, consulting or similar fees to any Affiliate or to any director, officer or employee of any Loan Party (excluding the payment of compensation, bonuses and other incentive compensation in the ordinary course of business to officers and other employees in the ordinary course of business for actual services rendered) except (a) payment for services rendered by VILARC, Inc. in the ordinary course of business provided such payment is approved by Liberty or (b) as set forth on Schedule 3.9. Notwithstanding the foregoing, no payments may be made with respect to item 1 set forth on Schedule 3.9 in excess of the amount set forth on Schedule 3.9 or upon the occurrence and during the continuation of a Default or Event of Default under subsection 6.1(A) or 6.1(C) (as it relates to a failure to perform or comply with subsection 4.3, 4.4 or 4.5).
