Common use of Related Party Clause in Contracts

Related Party. Each of the following shall be deemed to be a “Related Party”: (a) each individual who is, or who has at any time been, an officer of the Seller; (b) each member of the family of each of the individuals referred to in clause “(a)” above; and (c) any Entity (other than the Seller) in which any one of the individuals referred to in clauses “(a)” and “(b)” above holds or held (or in which more than one of such individuals collectively hold or held), beneficially or otherwise, a controlling interest or a material voting, proprietary or equity interest.

Appears in 8 contracts

Samples: Asset Purchase Agreement (Cardiva Medical, Inc.), Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (Medical Transcription Billing, Corp)

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Related Party. Each of the following shall be deemed to be a "Related Party": (a) each individual who is, or who has at any time been, an officer of the Seller; (b) each member of the family of each of the individuals referred to in clause "(a)" above; and (c) any Entity (other than the Seller) in which any one of the individuals referred to in clauses "(a)" and "(b)" above holds or held (or in which more than one of such individuals collectively hold or held), beneficially or otherwise, a controlling interest or a material voting, proprietary or equity interest.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Local Matters Inc.), Asset Purchase Agreement (Local Matters Inc.), Asset Purchase Agreement (Local Matters Inc.)

Related Party. Each of the following shall be deemed to be a “Related Party”: (a) each individual who is, or who has at any time been, an officer of the Sellera Party hereto; (b) each member of the family of each of the individuals referred to in clause “(a)” above; and (c) any Entity (other than the Sellersuch Party) in which any one of the individuals referred to in clauses “(a)” and “(b)” above holds or held (or in which more than one of such individuals collectively hold or held), beneficially or otherwise, a controlling interest or a material voting, proprietary or equity interest.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Apollo Endosurgery, Inc.), Asset Purchase Agreement (ReShape Lifesciences Inc.)

Related Party. Each of the following shall be deemed to be a “Related Party”: (a) each individual Person who is, or who has at any time been, an officer officer, director or shareholder of the SellerSeller or any Subsidiary; (b) each member of the family of each of the individuals Persons referred to in clause “(a)” above; and (c) any Entity (other than the Seller) in which any one of the individuals Persons referred to in clauses “(a)” and “(b)” above holds or held (or in which more than one of such individuals Persons collectively hold or held), beneficially or otherwise, a controlling interest or a material voting, proprietary or equity interest.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cavium Networks, Inc.)

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Related Party. Each of the following shall be deemed to be a “Related Party”: (a) each individual who is, or who has at any time been, an officer officer, director or 50% partner of the SellerContributing Stockholder; (b) each member of the immediate family of each of the individuals referred to in clause “(a)” above; and (c) any Entity (other than the SellerContributing Stockholder) in which any one of the individuals referred to in clauses “(a)” and “(b)” above holds or held (or in which more than one of such individuals collectively hold or held), beneficially or otherwise, a controlling interest or a material voting, proprietary or equity interest.

Appears in 1 contract

Samples: Asset Contribution Agreement (Ndchealth Corp)

Related Party. Each of the following shall be deemed to be a "Related Party": (a) each individual who is, or who has at any time been, an officer of the SellerSeller or Purchaser; (b) each member of the family of each of the individuals referred to in clause "(a)" above; and (c) any Entity (other than the SellerSeller or Purchaser) in which any one of the individuals referred to in clauses "(a)" and "(b)" above holds or held (or in which more than one of such individuals collectively hold or held), beneficially or otherwise, a controlling interest or a material voting, proprietary or equity interest; and (d) any Affiliate of Seller or Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Actionpoint Inc)

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