Affiliates Defined Sample Clauses

The "Affiliates Defined" clause establishes the meaning of the term "Affiliates" as used throughout the agreement. Typically, it clarifies which entities are considered affiliates, such as parent companies, subsidiaries, or entities under common control with a party. By providing a clear definition, this clause ensures that rights and obligations referencing affiliates are applied consistently and without ambiguity, thereby preventing misunderstandings about which entities are covered by the contract.
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Affiliates Defined. For purposes of this Agreement, an "affiliate" is defined as any business entity which, directly or indirectly is owned or controlled by, or is under common ownership or control with, FirstMerit.
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Affiliates Defined. Affiliates" means with respect to a party (a) that party's partners, co-members and joint venturers, (b) each corporation or other entity that is a parent or subsidiary of that party, (c) each corporation or other entity that is controlled by or under common control of a parent of such party, and (d) the directors, officers, employees and agents of that party and each person or entity described in this ss.11.4(a-c).
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Affiliates Defined. An "Affiliate" of a party hereto means any person, partnership, corporation, limited liability company, association or other legal entity directly or indirectly controlling, controlled by or under common control with that party.
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Affiliates Defined. As used in this Agreement, the term "Affiliate" means, as to any person: (a) any parent company(ies); (b) any subsidiary(ies); (c) any entity (of whatever form) directly or indirectly owned, operated or controlled by such person or all or any of the principals, partners, shareholders, members, directors or officers of such person; and (d) any spouse, child, brother, sister or parent of such person.
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Affiliates Defined. “Affiliates” means with respect to a party (a) that party’s partners, co-members and joint venturers, (b) each corporation or other entity that is a parent or subsidiary of that party, (c) each corporation or other entity that is controlled by or under common control of a parent of such party, and (d) the directors, officers, employees and agents of that party and each person or entity described in subsections (a) through (c) of this §11.4.
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Affiliates Defined. For purposes of this Article 11, Affiliates shall mean, with respect to a person or Entity (the "Subject"), any other person or Entity that (a) owns or controls the Subject, (b) is owned or controlled by the Subject or (c) is under common ownership or control with Subject, where "owned" means direct or indirect ownership of more than 50% of the equity interests or rights to distributions on account of equity of the Subject and "control" means the direct or indirect power to direct the management or policies of the Subject, whether through the ownership of voting securities, by contract or otherwise; provided, however, that (i) subject to clauses (iii) and (iv), Purchaser and any persons or Entities owned or controlled by Purchaser shall be deemed not to be Affiliates of Seller for purposes of this Article 11, (ii) subject to clauses (iii) and (iv), Seller and any persons or Entities owned or controlled by Seller (other than Purchaser and its Affiliates) shall be deemed not to be Affiliates of Purchaser for purposes of this Article 11, (iii) with respect to the period of time before the Closing, the Company shall be deemed to be an Affiliate of Seller, and (iv) with respect to the period of time after the Closing, the Company shall be deemed to be an Affiliate of Purchaser.
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Related to Affiliates Defined

  • Affiliates etc The Depositary reserves the right to utilize and retain a division or Affiliate(s) of the Depositary to direct, manage and/or execute any public and/or private sale of Shares, rights, securities, property or other entitlements hereunder and to engage in the conversion of Foreign Currency hereunder. It is anticipated that such division and/or Affiliate(s) will charge the Depositary a fee and/or commission in connection with each such transaction, and seek reimbursement of its costs and expenses related thereto. Such fees/commissions, costs and expenses, shall be deducted from amounts distributed hereunder and shall not be deemed to be fees of the Depositary under Article (9) of the Receipt or otherwise. Persons are advised that in converting foreign currency into U.S. dollars the Depositary may utilize Deutsche Bank AG or its affiliates (collectively, “DBAG”) to effect such conversion by seeking to enter into a foreign exchange (“FX”) transaction with DBAG. When converting currency, the Depositary is not acting as a fiduciary for the holders or beneficial owners of depositary receipts or any other person. Moreover, in executing FX transactions, DBAG will be acting in a principal capacity, and not as agent, fiduciary or broker, and may hold positions for its own account that are the same, similar, different or opposite to the positions of its customers, including the Depositary. When the Depositary seeks to execute an FX transaction to accomplish such conversion, customers should be aware that DBAG is a global dealer in FX for a full range of FX products and, as a result, the rate obtained in connection with any requested foreign currency conversion may be impacted by DBAG executing FX transactions for its own account or with another customer. In addition, in order to source liquidity for any FX transaction relating to any foreign currency conversion, DBAG may internally share economic terms relating to the relevant FX transaction with persons acting in a sales or trading capacity for DBAG or one of its agents. DBAG may charge fees and/or commissions to the Depositary or add a ▇▇▇▇-up in connection with such conversions, which are reflected in the rate at which the foreign currency will be converted into U.S. dollars. The Depositary, its Affiliates and their agents, on their own behalf, may own and deal in any class of securities of the Company and its Affiliates and in ADSs.

  • Affiliates and Third Parties If the Asset Representations Reviewer processes the PII of the Issuer’s Affiliates or a third party when performing an Asset Review, and if such Affiliate or third party is identified to the Asset Representations Reviewer, such Affiliate or third party is an intended third-party beneficiary of this Section 4.9, and this Agreement is intended to benefit the Affiliate or third party. The Affiliate or third party will be entitled to enforce the PII related terms of this Section 4.9 against the Asset Representations Reviewer as if each were a signatory to this Agreement.

  • Affiliates The Borrower will not, and will not permit any Subsidiary to, enter into any transaction (including, without limitation, the purchase or sale of any Property or service) with, or make any payment or transfer to, any Affiliate except in the ordinary course of business and pursuant to the reasonable requirements of the Borrower's or such Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than the Borrower or such Subsidiary would obtain in a comparable arms-length transaction.

  • Assignment; Successors and Assigns; No Third Party Rights This Agreement may not be assigned by any Party hereto without the prior written consent of the other Parties hereto, and any attempted assignment shall be null and void. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and permitted assigns. This Agreement shall be for the sole benefit of the Parties hereto, and their respective successors and permitted assigns, and is not intended, nor shall be construed, to give any Person, other than the Parties hereto and their respective successors and permitted assigns any legal or equitable right, benefit, remedy, or claim hereunder.

  • Citibank and Affiliates With respect to its Commitment, the Advances made by it and the Note issued to it, Citibank shall have the same rights and powers under this Agreement as any other Lender and may exercise the same as though it were not the Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include Citibank in its individual capacity. Citibank and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, accept investment banking engagements from and generally engage in any kind of business with, the Borrower, any of its Subsidiaries and any Person who may do business with or own securities of the Borrower or any such Subsidiary, all as if Citibank were not the Agent and without any duty to account therefor to the Lenders.