Common use of Restrictions on Transactions with Affiliates Clause in Contracts

Restrictions on Transactions with Affiliates. Apart from transactions the terms of which are expressly contemplated or approved by the Partnership Agreement, the General Partner and its Affiliates will not engage in any transaction with the Partnership without the written consent of UST, which consent may be withheld in its sole and absolute discretion.

Appears in 2 contracts

Sources: Letter of Intent, Letter of Intent