Common use of Non-Affiliate Clause in Contracts

Non-Affiliate. The Creditor is not an Affiliate of the Company nor is any Affiliate of such Regulation S Person an Affiliate of the Company. An “Affiliate” is an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind (each of the foregoing, a “Person”) that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person as such terms are used in and construed under Rule 405 under the Securities Act; and

Appears in 8 contracts

Samples: Debt Settlement Agreement (Freeseas Inc.), Debt Settlement Agreement (Freeseas Inc.), Debt Settlement Agreement (Freeseas Inc.)

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