Common use of Affiliate of Lessee Clause in Contracts

Affiliate of Lessee. Affiliate of Lessee means any person, corporation, firm, or other entity in which Lessee, or any parent company, subsidiary or affiliate of Lessee, owns an interest of Five Percent (5%) or more, whether by stock ownership or otherwise, or over which Lessee, or any parent company or affiliate of Lessee exercises any degree of control, directly or indirectly, by ownership, interlocking directorate, or in any other manner; and any corporation, firm or other entity which owns any interest in Lessee, whether by stock ownership or otherwise, or which exercises any degree of control, directly or indirectly, over Lessee, by stock ownership, interlocking directorate, or in any other manner.

Affiliate of Lessee. For purposes of this Lease, an "Affiliate of Lessee means Lessee" is any person, corporation, firm, firm or other entity in which Lessee, or any parent company, subsidiary or affiliate of Lessee, owns an interest of Five Percent more than ten percent (510%) or more), whether by stock ownership or otherwise, or over which Lessee, Lessee or any parent company or affiliate Affiliate of Lessee exercises any degree of control, directly or indirectly, by ownership, interlocking directorate, or in any other manner; and any corporation, firm or other entity which owns any interest in Lessee, whether by stock ownership or otherwise, or which exercises any degree of control, directly or indirectly, over Lessee, by stock ownership, interlocking directorate, or in any other manner.