Transactions with Certain Affiliates. Except as expressly permitted by this Agreement (other than Section 7.1.A hereof which shall not be considered authority for a transaction that otherwise would be prohibited by this Section 7.6.A), 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 or the General Partner Entity that is not also a Subsidiary of the Partnership, except pursuant to transactions that are 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 3 contracts
Samples: Sl Green Realty Corp, Sl Green Realty Corp, Sl Green Realty Corp
Transactions with Certain Affiliates. Except (i) as expressly permitted by this Agreement (other than Section 7.1.A 7.01.A hereof which shall not be considered authority for a transaction that otherwise would be prohibited by this Section 7.6.A)7.06.A) and (ii) all transactions with XX Xxxxx or its Affiliates contemplated by the General Partner’s initial public offering, 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 or the General Partner Entity that is not also a Subsidiary of the Partnership, except pursuant to transactions that are 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 3 contracts
Samples: Gramercy Capital Corp, Gramercy Capital Corp, Gramercy Capital Corp
Transactions with Certain Affiliates. Except as expressly permitted by this Agreement (other than Section 7.1.A 7.01.A hereof which shall not be considered authority for a transaction that otherwise would be prohibited by this Section 7.6.A7.06.A), 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 or the General Partner Entity that is not also a Subsidiary of the Partnership, except pursuant to transactions that are 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: Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust
Transactions with Certain Affiliates. Except as expressly permitted by this Agreement (other than Section 7.1.A hereof hereof, which shall not be considered authority for a transaction that otherwise would be prohibited by this Section 7.6.A), 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 or the General Partner Entity that is not also a Subsidiary of the Partnership, except pursuant to transactions that are 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: Mendik Co Inc