Additional Contracts. Borrower shall not enter into any contract and incur any Contractual Obligation to any Affiliate or other related person, other than with a Subsidiary or at arms’ length and in a manner and on terms in the best interest of Borrower, and immediately upon the execution of any such contract, a copy thereof will be provided to Bank.
Appears in 1 contract
Sources: Loan Agreement (Relm Wireless Corp)
Additional Contracts. Borrower shall not enter into any contract and incur any Contractual Obligation to any Affiliate or other related person, other than with a Subsidiary or at arms’ arms length and in a manner and on terms in the best interest of Borrower, and immediately upon the execution of any such contract, a copy thereof will be provided to Bank.
Appears in 1 contract
Sources: Loan Agreement (Lynch Corp)
Additional Contracts. Borrower shall not enter into any contract and incur any Contractual Obligation to any Affiliate or other related person, other than with a Subsidiary or at arms’ arms length and in a manner and on terms in the best interest of Borrower, and immediately upon the promptly after execution of any such contract, a copy thereof will be provided to Bank.
Appears in 1 contract