Related Party Agreements. Neither the Company nor any of its Subsidiaries shall enter into any current or future contract, agreement, commitment or arrangement (including any agreement to sell Company Property, incur any Debt or Guarantee any obligations) with any Affiliate (a “Related Party Agreement”), except as may otherwise be expressly provided herein or in any Ancillary Document.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Related Party Agreements. Neither the Company nor any of its Subsidiaries shall enter into any current or future contract, agreement, commitment or arrangement (including any agreement to sell Company Property, incur any Debt or Guarantee any obligations) with any Affiliate (a “Related Party Agreement”), except as may otherwise be expressly provided herein or in any Ancillary Documentother Transaction Document to which the Initial Member is a party or as may be approved by both Members.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement
Related Party Agreements. Neither the Company nor any of its Subsidiaries shall enter into any current or future contract, agreement, commitment or arrangement (including any agreement to sell Company Property, incur any Debt or Guarantee any obligations) with any Affiliate Related Person (a “Related Party Agreement”), except as may otherwise be expressly provided herein or in any Ancillary DocumentDocument or with the prior written consent of the Participant.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Related Party Agreements. Neither the Company nor any of its Subsidiaries shall enter into any current or future contract, agreement, commitment commitment, arrangement or arrangement transaction (including any agreement to sell Company Property, incur any Debt or become bound by any Guarantee of any obligations) with or for the benefit of, or pay any fee to, the Private Owner or any Affiliate of the Company or the Private Owner (a “Related Party Agreement”), except for the Purchase Money Note or as may otherwise be expressly provided herein or in any Ancillary DocumentDocument to which the Initial Member is a party or as may be approved by both Members.
Appears in 1 contract