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:
Appears in 2 contracts
Samples: Credit Agreement (Panther Expedited Services, Inc.), Credit Agreement (Panther Expedited Services, Inc.)
Management Fees and Compensation. The Borrower shall not, and shall not permit any of its Subsidiaries to 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 Affiliates except, in each instance solely to the extent permitted under the Subordinated Loan Agreement:
Appears in 2 contracts
Samples: Credit Agreement (WII Components, Inc.), Credit Agreement (PrimeWood, Inc.)
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:
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