Common use of Affiliated Companies Clause in Contracts

Affiliated Companies. Affiliated Companies shall refer to a) companies in whose case a Party indirectly or directly owns more than half of the capital or the assets of the company or can appoint more than half of the members of the managing or administrative body or the bodies appointed for legal representation or is entitled to conduct the business of the company and b) companies which indirectly or directly have the rights and means of influence mentioned under a) related to a contracting company and c) companies in whose case the contracting companies jointly have the rights and means of influence mentioned under a). Such jointly controlled companies are considered as affiliates of every contracting company.

Appears in 3 contracts

Samples: R&d Cooperation Master Agreement, R+d Cooperation Agreement, Research and Development Contract Assignment

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Affiliated Companies. Affiliated Companies shall refer to a) companies in whose case a Party indirectly or directly owns more than half of the capital or the assets of the company or can appoint more than half of the members of the managing or and administrative body or the bodies appointed for legal representation or is entitled to conduct the business of the company and b) companies which indirectly or directly have the rights and means of influence mentioned under a) related to a contracting company and c) companies in whose case the contracting companies jointly have the rights and means of influence mentioned under a). Such jointly controlled companies are considered as affiliates of every contracting company.

Appears in 2 contracts

Samples: Patent Licensing Agreement, Patent Licensing Agreement

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Affiliated Companies. Affiliated Companies shall refer to a) companies in whose case a Party indirectly or directly owns more than half of the capital or the assets of the company or can appoint more than half of the members of the managing or administrative body or the bodies appointed for legal representation or is entitled to conduct the business of the company and b) companies which indirectly or directly have the rights and means of influence mentioned under a) related to a contracting company and c) companies in whose case the contracting companies jointly have the rights and means of influence influ-ence mentioned under a). Such jointly controlled companies are considered as affiliates of every contracting company.

Appears in 1 contract

Samples: R+d Cooperation Agreement

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