Common use of Arm’s-Length Relationships Clause in Contracts

Arm’s-Length Relationships. The Borrower will maintain arm’s-length relationships with each of the other ▇▇▇▇▇▇▇ Parties and any Affiliates thereof. Any Person that renders or otherwise furnishes services to the Borrower will be compensated by the Borrower at market rates for such services it renders or otherwise furnishes to the Borrower. Neither the Borrower on the one hand, nor any other ▇▇▇▇▇▇▇ Party or any Affiliate thereof, on the other hand, will be or will hold itself out to be responsible for the debts of the other or the decisions or actions respecting the daily business and affairs of the other. Each ▇▇▇▇▇▇▇ Party and their respective Affiliates will immediately correct any known misrepresentation with respect to the foregoing, and they will not operate or purport to operate as an integrated single economic unit with respect to each other or in their dealing with any other entity.

Arm’s-Length Relationships. The Each Borrower will maintain arm’s-length relationships with each of the other ▇▇▇▇▇▇▇ Parties and any Affiliates thereof. Any Person that renders or otherwise furnishes services to the a Borrower will be compensated by the such Borrower at market rates for such services it renders or otherwise furnishes to the such Borrower. Neither the any Borrower on the one hand, nor any other ▇▇▇▇▇▇▇ Party or any Affiliate thereof, on the other hand, will be or will hold itself out to be responsible for the debts of the other or the decisions or actions respecting the daily business and affairs of the other. Each ▇▇▇▇▇▇▇ Party and their respective Affiliates will immediately correct any known misrepresentation with respect to the foregoing, and they will not operate or purport to operate as an integrated single economic unit with respect to each other or in their dealing with any other entity.

Arm’s-Length Relationships. The Borrower will maintain arm’s-length relationships with the Parent, each of the other ▇▇▇▇▇▇▇ Parties Integra Party and any Affiliates thereof. Any Person that renders or otherwise furnishes services to the Borrower will be compensated by the Borrower at market rates for such services it renders or otherwise furnishes to the Borrower. Neither the Borrower on the one hand, nor any the Parent, each other ▇▇▇▇▇▇▇ Integra Party or any Affiliate thereof, on the other hand, will be or will hold itself out to be responsible for the debts of the other or the decisions or actions respecting the daily business and affairs of the other. Each ▇▇▇▇▇▇▇ The Parent, each Integra Party and their respective Affiliates will immediately correct any known misrepresentation with respect to the foregoing, and they will not operate or purport to operate as an integrated single economic unit with respect to each other or in their dealing with any other entity.

Arm’s-Length Relationships. The Borrower will maintain arm’s-length relationships with each of the other ▇▇▇▇▇▇▇ Oncor Parties and any Affiliates thereof. Any Person that renders or otherwise furnishes services to the Borrower will be compensated by the Borrower at market rates for such services it renders or otherwise furnishes to the Borrower. Neither the Borrower on the one hand, nor any other ▇▇▇▇▇▇▇ Oncor Party or any Affiliate thereof, on the other hand, will be or will hold itself out to be responsible for the debts of the other or the decisions or actions respecting the daily business and affairs of the other. Each ▇▇▇▇▇▇▇ Oncor Party and their respective Affiliates will immediately correct any known misrepresentation with respect to the foregoing, and they will not operate or purport to operate as an integrated single economic unit with respect to each other or in their dealing with any other entity.