Common use of Transactions with Related Parties Clause in Contracts

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Chronimed Inc), Security Agreement (Chronimed Inc), Credit Agreement (Medgenesis Inc)

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Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's ’s or the applicable Material Subsidiary's ’s business and upon fair and reasonable terms no less favorable to the Borrower or such Material Subsidiary than would obtain in a comparable arm'sarm’s-length transaction with a Person not a Related Party.

Appears in 3 contracts

Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable such Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 2 contracts

Samples: Credit and Security Agreement (Lifecore Biomedical Inc), Credit and Security Agreement (Premiumwear Inc)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's ’s or the applicable Subsidiary's Guarantor’s business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary Guarantor than would obtain in a comparable arm'sarm’s-length transaction with a Person not a Related Party.

Appears in 2 contracts

Samples: Credit Agreement (Stancorp Financial Group Inc), Credit Agreement (Stancorp Financial Group Inc)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit Agreement (Stancorp Financial Group Inc)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Partyaffiliated entity other than a wholly-owned Subsidiary, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain be obtained in a comparable arm's-length transaction with a Person not a Related Partyan unaffiliated Person.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hach Co)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, including without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit Agreement (Stancorp Financial Group Inc)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's ’s business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm'sarm’s-length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit Agreement (Otter Tail Corp)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's ’s or the applicable Material Subsidiary's ’s business and upon fair and reasonable terms no less favorable to the Borrower or such Material Subsidiary than such entity would obtain in a comparable arm'sarm’s-length transaction with a Person not a Related Party, and excluding the Permitted Reorganization.

Appears in 1 contract

Samples: Credit Agreement (Otter Tail Corp)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, including the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's ’s or the applicable Material Subsidiary's ’s business and upon fair and reasonable terms no less favorable to the Borrower or such Material Subsidiary than would obtain in a comparable arm'sarm’s-length transaction with a Person not a Related Party, and excluding the Permitted Reorganization.

Appears in 1 contract

Samples: Term Loan Agreement (Otter Tail Corp)

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Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the such Borrower's or the applicable such Subsidiary's business and upon fair and reasonable terms no less favorable to the such Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit and Security Agreement (Simon Transportation Services Inc)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary ordinary, course of and pursuant to the reasonable requirements of the Borrower's or the applicable such Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.. 6.19

Appears in 1 contract

Samples: Credit and Security Agreement (Primegg LTD)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain be obtained in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit and Security Agreement (Cryenco Sciences Inc)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-arm's- length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit Agreement (Datron Systems Inc/De)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale sale, lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's ’s or the applicable Material Subsidiary's ’s business and upon fair and reasonable terms no less favorable to the Borrower or such Material Subsidiary than would obtain in a comparable arm'sarm’s-length transaction with a Person not a Related Party, and excluding the Permitted Reorganization.

Appears in 1 contract

Samples: Credit Agreement (Otter Tail Corp)

Transactions with Related Parties. Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Material Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Material Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

Appears in 1 contract

Samples: Credit Agreement (Otter Tail Corp)

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