Common use of Transactions with Certain Affiliates Clause in Contracts

Transactions with Certain Affiliates. Except as expressly permitted by this Agreement with respect to any non-arms’ length transaction with an Affiliate, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.

Appears in 13 contracts

Samples: Agreement of Limited Partnership (Kite Realty Group Trust), Gadsden Growth Properties, Inc., Republic Property Trust

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Transactions with Certain Affiliates. Except as expressly permitted by this Agreement Agreement, with respect to any non-arms’ length transaction with an AffiliateAffiliate not negotiated on an arm’s-length basis, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.

Appears in 12 contracts

Samples: Agreement (Broad Street Realty, Inc.), Agreement (Education Realty Operating Partnership L P), Agreement (Pillarstone Capital Reit)

Transactions with Certain Affiliates. Except as expressly permitted by this Agreement with respect to any non-arms’ length arms’-length transaction with an Affiliate, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership or the General Partner that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.

Appears in 2 contracts

Samples: Host Hotels & Resorts, Inc., Host Hotels & Resorts L.P.

Transactions with Certain Affiliates. Except as expressly ------------------------------------ permitted by this Agreement with respect to any non-arms’ length arms'-length transaction with an Affiliate, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership or the General Partner that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.

Appears in 2 contracts

Samples: Host Marriott L P, Host Marriott Trust

Transactions with Certain Affiliates. Except as expressly permitted by this Agreement with respect to any non-arms' length transaction with an Affiliate, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.

Appears in 1 contract

Samples: Kite Realty Group Trust

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Transactions with Certain Affiliates. Except as expressly permitted by this Agreement with respect to any non-arms’ length arms'-length transaction with an Affiliate, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership or the General Partner that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.

Appears in 1 contract

Samples: Host Hotels & Resorts L.P.

Transactions with Certain Affiliates. Except as expressly permitted by this Agreement with respect to any non-arms’ length arms'-length transaction with an Affiliate, the Partnership shall not, directly or indirectly, sell, transfer or convey any property to, or purchase any property from, or borrow funds from, or lend funds to, any Partner or any Affiliate of the Partnership or the General Partner that is not also a Subsidiary of the Partnership, except pursuant to transactions that are determined in good faith by the General Partner to be on terms that are fair and reasonable and no less favorable to the Partnership than would be obtained from an unaffiliated third party.. B.

Appears in 1 contract

Samples: HMC Merger Corp

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