Example ContractsClausestransactions with affiliatesVariants
Transactions With Affiliates
Transactions With Affiliates contract clause examples

Transactions with Affiliates. The Company shall not, nor shall it permit any of its Subsidiaries to, enter into, renew, extend or be a party to, any transaction or series of related transactions (including, without limitation, the purchase, sale, lease, transfer or exchange of property or assets of any kind or the rendering of services of any kind) with any affiliate, except transactions in the ordinary course of business in a manner and to an extent consistent with past practice and necessary or desirable for the prudent operation of its business, for fair consideration and on terms no less favorable to it or its Subsidiaries than would be obtainable in a comparable arm’s length transaction with a Person that is not an affiliate thereof.

0">Transactions with Affiliates.0">Affiliate Transactions. The Company shall 2">not,2">not itself, nor shall it 4">cause, permit6"> or allow any of its Subsidiaries 8">to,8">to enter 10">into, renew, extend or be a party to,10">into any 12">transaction or series of related transactions (including, without limitation,12">transaction, including, the purchase, 14">sale, lease, transfer14">sale or exchange of property or 16">assets of any kind or the rendering of 18">services of any 20">kind)20">service, with any 22">affiliate,22">Affiliate of the Company except24"> transactions in the ordinary course of business 26">in a manner and 28">pursuant to 30">an extent30">the reasonable requirements of the Company’s or such Affiliate’s business and upon terms consistent with 32">past practice32">applicable laws and 34">necessary or desirable for34">regulations and reasonably found by the 36">prudent operation36">appropriate board(s) of 38">its business, for38">directors to be fair 40">consideration and 42">on terms42">reasonable and no less favorable to 44">it44">the Company or 46">its Subsidiaries46">such Affiliate than would be 48">obtainable48">obtained in a comparable arm’s length transaction with a Person 50">that is not an 52">affiliate thereof.52">Affiliate.

Transactions with Affiliates. 1">The Company shall not,1">Neither the Company, nor3"> shall it permit any of its 5">Subsidiaries to,5">Subsidiaries, shall enter into, renew, extend or be a party to, any transaction or series of related transactions (including, without limitation, the purchase, sale, lease, transfer or exchange of property or assets of any kind or the rendering of services of any kind) with any 7">affiliate, except transactions in7">affiliate (other than the 9">ordinary course of business in a manner and to an extent consistent with past practice and necessary9">Company or 11">desirable for the prudent operation11">any of its 13">business,13">Wholly Owned Subsidiaries), except # transactions for15"> fair consideration and on terms no less favorable to it17"> or its Subsidiaries than would be obtainable in a comparable arm’s length transaction with a Person that is not an 19">affiliate thereof.19">Affiliate thereof, and # transactions with any Permitted Investment which is a joint venture with an arm’s length third party disclosed pursuant to the Transaction Agreement as of the date of the Transaction Agreement where the failure to complete the transaction or series of related transactions would result in the Company breaching or otherwise being in default under the terms of any shareholder, limited partnership, joint venture or similar agreement with such third party in respect of such Permitted Investment.

0">Transactions with Affiliates.0">Affiliate Transactions. The Company shall 2">not,2">not itself, nor shall it 4">cause, permit6"> or allow any of its Subsidiaries 8">to,8">to enter 10">into, renew, extend or be a party to,10">into any 12">transaction or series of related transactions (including, without limitation,12">material transaction, including, the purchase, 14">sale, lease, transfer14">sale or exchange of property or 16">assets of any kind or the rendering of 18">services of any 20">kind)20">service, with any 22">affiliate,22">Affiliate of the Company except24"> transactions in the ordinary course of business 26">in a manner and 28">pursuant to 30">an extent30">the reasonable requirements of the Company’s or such Affiliate’s business and upon terms consistent with 32">past practice32">applicable laws and 34">necessary or desirable for34">regulations and reasonably found by the 36">prudent operation36">appropriate board(s) of 38">its business, for38">directors to be fair 40">consideration and 42">on terms42">reasonable and no less favorable to 44">it44">the Company or 46">its Subsidiaries46">such Affiliate than would be 48">obtainable48">obtained in a comparable arm’s length transaction with a Person 50">that is not an 52">affiliate thereof.52">Affiliate.

0">Transactions with Affiliates.0">Affiliate Transactions. The Company shall 2">not,2">not itself, nor shall it 4">cause, permit6"> or allow any of its Subsidiaries 8">to,8">to enter 10">into, renew, extend or be a party to,10">into any 12">transaction or series of related transactions (including, without limitation,12">material transaction, including, the purchase, 14">sale, lease, transfer14">sale or exchange of property or 16">assets of any kind or the rendering of 18">services of any 20">kind)20">service, with any 22">affiliate,22">Affiliate of the Company except24"> transactions in the ordinary course of business 26">in a manner and 28">pursuant to 30">an extent30">the reasonable requirements of the Company’s or such Affiliate’s business and upon terms consistent with 32">past practice32">applicable laws and 34">necessary or desirable for34">regulations and reasonably found by the 36">prudent operation36">appropriate board(s) of 38">its business, for38">directors to be fair 40">consideration and 42">on terms42">reasonable and no less favorable to 44">it44">the Company or 46">its Subsidiaries46">such Affiliate than would be 48">obtainable48">obtained in a comparable arm’s length transaction with a Person 50">that is not an 52">affiliate thereof.52">Affiliate.

0">Transactions with Affiliates.0">Affiliate Transactions. The Company shall 2">not,2">not itself, nor shall it 4">cause, permit6"> or allow any of its Subsidiaries 8">to,8">to enter 10">into, renew, extend or be a party to,10">into any 12">transaction or series of related transactions (including, without limitation,12">material transaction, including the purchase, 14">sale, lease, transfer14">sale or exchange of property or 16">assets of any kind or the rendering of 18">services of any 20">kind)20">service, with any 22">affiliate,22">Affiliate of the Company except24"> transactions in the ordinary course of business 26">in a manner and 28">pursuant to 30">an extent30">the reasonable requirements of the Company’s or such Affiliate’s business and upon terms consistent with 32">past practice32">applicable laws and 34">necessary or desirable for34">regulations and reasonably found by the 36">prudent operation36">appropriate board(s) of 38">its business, for38">directors to be fair 40">consideration and 42">on terms42">reasonable and no less favorable to 44">it44">the Company or 46">its Subsidiaries46">such Affiliate than would be 48">obtainable48">obtained in a comparable arm’s length transaction with a Person 50">that is not an 52">affiliate thereof.52">Affiliate.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.