TRANSACTIONS WITH THE SELLER Clause Samples

TRANSACTIONS WITH THE SELLER. 14.1 There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company and any of the Seller or any person Connected with it. 14.2 The Seller nor any persons Connected with it, is entitled to a claim of any nature against the Company or has assigned to any person the benefit of a claim against the Company to which the Seller or any person Connected with it would otherwise be entitled.
View SourceView Similar (4)
TRANSACTIONS WITH THE SELLER. There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company and the Seller or any other member of the Retained Group.
View SourceView Similar (3)
TRANSACTIONS WITH THE SELLER. 16.1. There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between any Target Company and any of the following: (a) the Seller or any member of the Seller’s Group (other than any Target Company) or any person connected with the Seller or such a member; or (b) any director of the Seller or a member of the Seller’s Group or any person connected with such a director. 16.2. Neither the Seller nor any person connected with the Seller is entitled to a claim of any nature against any Target Company, or has assigned to any person the benefit of a claim against any Target Company to which the Seller or a person connected with the Seller would otherwise be entitled.
View SourceView Similar (2)
TRANSACTIONS WITH THE SELLER. 12.1 There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company and any of the following the Seller or any or any person Connected with him. 12.2 The Seller is not entitled to a claim of any nature against the Company, or has assigned to any person the benefit of such claim. 12.3 Neither the Seller nor any person Connected with the Seller is at the date of this Agreement, nor has been at any time during the period of 5 years immediately preceding the date of this Agreement, concerned, interested or engaged, directly or indirectly and in whatever capacity, in any other business similar to or competitive with all or any part of the Business.
View Source
TRANSACTIONS WITH THE SELLER. 13.1 There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company or MHI and any of the following: 13.1.1 any of the Sellers or any member of each Sellers’ respective Group (or any person Connected with any of them); or 13.1.2 a Director, or a director of any member of each Sellers' respective Group (or any person Connected with any of them). 13.2 None of the Sellers nor any member of each Sellers’ respective Group is entitled to a claim of any nature against the Company or MHI, or has assigned to any person the benefit of such claim.
View Source
TRANSACTIONS WITH THE SELLER. The Master Servicer shall at all times deal with the Seller in a manner consistent with Section 2.06(m).
View Source
TRANSACTIONS WITH THE SELLER. 12.1 There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company and any of the following: (a) the Seller, or any Person Connected with the Seller; or (b) a Director, or any Person Connected with a Director; (c) any other Representative of the Seller’s Group, (other than intra-group trading with the Seller’s Group entered into in the ordinary course of business consistent with past practice) which have, in each case, been Disclosed in the Disclosure Letter and the related documentation made available to the Buyer. 12.2 Neither the Seller, nor any Person Connected with the Seller, has a claim of any nature against the Company (or the Business), (other than in respect of intra-group trading in the ordinary course of business consistent with past practice) nor has assigned to any Person the benefit of any such claim, which have, in each case, been Disclosed in the Disclosure Letter and the related documentation made available to the Buyer.
View Source
TRANSACTIONS WITH THE SELLER. 13.1 There is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company and any of the following, or between any of the Company's Subsidiaries and any of the following: (a) the Seller or any member of the Seller's Group (other than the Company or any of its Subsidiaries) or any person Connected with the Seller or such a member; or (b) any director of the Seller or a member of the Seller's Group or any person connected with such a director. 13.2 Neither the Seller nor any person Connected with the Seller is entitled to a claim of any nature against the Company or any of its Subsidiaries, or has assigned to any person the benefit of a claim against the Company or any of those Subsidiaries to which the Seller or a person Connected with the Seller would otherwise be entitled.
View Source
TRANSACTIONS WITH THE SELLER. 3.1 Unless otherwise provided under (i) the Financial Statement, or (ii) any of the Ongoing Contracts as set out in the Disclosure Letter, there is no outstanding indebtedness or other liability (actual or contingent) and no outstanding contract, commitment or arrangement between the Company and the Seller, or any Affiliate of the Seller. 3.2 As of the date of this Agreement, none of the Seller, nor any Affiliate of the Seller, has a claim of any nature against the Company, or has assigned to any person the benefit of any such claim.
View Source

Related to TRANSACTIONS WITH THE SELLER

  • AFFILIATIONS WITH THE OBLIGOR If the obligor is an affiliate of the trustee, describe each affiliation: Based upon an examination of the books and records of the trustee and upon information furnished by the obligor, the obligor is not an affiliate of the trustee.

  • Transactions with Related Parties Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

  • Transactions with Interested Persons Unless prohibited by the charter ------------------------------------ documents of any Member and unless entered into in bad faith, no contract or transaction between the Company and one or more of its Managers or Members, or between the Company and any other corporation, partnership, association or other organization in which one or more of its Managers or Members have a financial interest or are directors, partners, Managers or officers, shall be voidable solely for this reason or solely because such Manager or Member was present or participated in the authorization of such contract or transaction if: (a) the material facts as to the relationship or interest of such Manager or Member and as to the contract or transaction were disclosed or known to the other Managers (if any) or Members and the contract or transaction was authorized by the disinterested Managers (if any) or Members; or (b) the contract or transaction was fair to the Company as of the time it was authorized, approved or ratified by the disinterested Managers (if any) or Members; and no Manager or Member interested in such contract or transaction, because of such interest, shall be considered to be in breach of this Agreement or liable to the Company, any Manager or Member, or any other person or organization for any loss or expense incurred by reason of such contract or transaction or shall be accountable for any gain or profit realized from such contract or transaction.

  • Transactions with Insiders So long as the Note is outstanding, the Company shall not, and shall cause each of its subsidiaries not to, enter into, amend, modify or supplement, or permit any subsidiary to enter into, amend, modify or supplement any agreement, transaction, commitment, or arrangement relating to the sale, transfer or assignment of any of the Company’s tangible or intangible assets with any of its Insiders (as defined below)(or any persons who were Insiders at any time during the previous two (2) years), or any Affiliates (as defined below) thereof, or with any individual related by blood, marriage, or adoption to any such individual. Affiliate for purposes of this Section 9(r) means, with respect to any person or entity, another person or entity that, directly or indirectly, (i) has a ten percent (10%) or more equity interest in that person or entity, (ii) has ten percent (10%) or more common ownership with that person or entity, (iii) controls that person or entity, or (iv) shares common control with that person or entity. “Control” or “Controls” for purposes hereof means that a person or entity has the power, direct or indirect, to conduct or govern the policies of another person or entity. For purposes hereof, “Insiders” shall mean any officer, director or manager of the Company, including but not limited to the Company’s president, chief executive officer, chief financial officer and chief operations officer, and any of their affiliates or family members.

  • Communications with Obligors; Grantors Remain Liable (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables. (b) Upon the request of the Administrative Agent, at any time after the occurrence and during the continuance of an Event of Default, each Grantor shall notify obligors on the Receivables that the Receivables have been assigned to the Administrative Agent for the ratable benefit of the Secured Parties and that payments in respect thereof shall be made directly to the Administrative Agent. (c) Anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of the Receivables to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise thereto. Neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any Receivable (or any agreement giving rise thereto) by reason of or arising out of this Agreement or the receipt by the Administrative Agent or any Lender of any payment relating thereto, nor shall the Administrative Agent nor any other Secured Party be obligated in any manner to perform any of the obligations of any Grantor under or pursuant to any Receivable (or any agreement giving rise thereto), to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.