Common use of Transactions with Related Persons Clause in Contracts

Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing.

Appears in 13 contracts

Samples: Loan and Security Agreement (Oculus Innovative Sciences, Inc.), Loan and Security Agreement (Volcano CORP), Loan and Security Agreement (Stable Road Acquisition Corp.)

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Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an "arms' length" dealing.

Appears in 7 contracts

Samples: Loan and Security Agreement (Comps Com Inc), Credit Agreement (Emcon), Loan and Security Agreement (Cosine Communications Inc)

Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms' length” dealing.

Appears in 3 contracts

Samples: Loan and Security Agreement (Quepasa Corp), Loan and Security Agreement (Quepasa Corp), Loan and Security Agreement (Lumera Corp)

Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing, unless such transaction has been approved by Borrower’s board of directors, including a majority of non-interested directors.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nanosphere Inc), Loan and Security Agreement (Nanosphere Inc)

Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealingdealing other than sales of equity securities to existing investors and employees in Borrower for capital raising purposes.

Appears in 2 contracts

Samples: Security Agreement (Tauriga Sciences, Inc.), Security Agreement (Tauriga Sciences, Inc.)

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Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable obtained in an "arms' length" dealing.

Appears in 1 contract

Samples: Credit Agreement (Integrated Sensor Solutions Inc)

Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “"arms' length” dealing" dealings.

Appears in 1 contract

Samples: Revolving Credit Agreement Accounts and Equipment (Auto Graphics Inc)

Transactions with Related Persons. Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing, except (a) sales of equity securities by Borrower and incurrence of Subordinated Debt for capital raising purposes, and (b) Permitted Investments.

Appears in 1 contract

Samples: Loan and Security Agreement (Benson Hill, Inc.)

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