Other Affiliated Entities Sample Clauses

Other Affiliated Entities. Mr. Jerry Moyes is the principal stockholder of SME Industries, Inc. (“SME”) and Southwest Premier Properties (“SWPP”). For the four months ended April 30, 2014, the services the Company provided to SME included $30,000 for freight services. The rates the Company charges for freight services to SME for transportation services are market rates, which are comparable to what it charges third-party customers. The Company leases certain facilities from SWPP. For the four months ended April 30, 2014, the Company paid SWPP $74,000 for these facility leases. Swift Aircraft Management The Company charters flights for certain corporate related travel through Swift Aircraft Management. For the four months ended April 30, 2014, the Company paid Swift Aircraft Management $348,000 for these services. The following intercompany transactions/loans with entities which are not Loan Parties: 1873806.07B-NYCSR07A - MSW Affiliates Balance as of 4/30/2014 Description Swift Transportation Services, LLC and TransMex $2.3 million receivable from TransMex for services performed Swift Transportation Services, LLC provides freight and other shared services for TransMex in the U.S. Swift Transportation Services, LLC and Swift Logistics Mexico $0.7 million receivable from Swift Logistics Mexico for services performed Swift Transportation Services, LLC provides certain shared services for Swift Logistics Mexico, net of collection fees for collecting trade receivables from Swift Transportation Services’ Mexico customers. Swift Transportation Co. of Arizona, LLC and Swift Logistics Mexico $750,000 unsecured revolving promissory note receivable from Swift Logistics Mexico. (Total amount outstanding as of 4/30/2014 was $750,000) The note represents the amount funded by Swift Transportation Co. of Arizona, LLC for general working capital needs. Swift Transportation Co. of Arizona, LLC and Mohave Transportation Insurance Company $6.3 million receivable from Mohave Transportation Insurance Company This balance is the "net" balance owed from Mohave to Swift Transportation Co. of Arizona, LLC for insurance claims reimbursements, payroll, legal fees and other operational expenses, net of the claims management fees. Swift Transportation Co. of Arizona, LLC and Red Rock Risk Retention Group $0.9 million receivable from Red Rock Risk Retention Group This balance is the balance owed from Red Rock to Swift Transportation Co., of Arizona, LLC for insurance claims reimbursements, payroll, legal fees and...
Sample 1
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Other Affiliated Entities. The Parties agree that the Contract could be extended to the other Affiliated Entities of GO SPORT FRANCE. In such case, the Parties shall have to agree by way of amendment to the particular terms, chiefly financial, for the extension of the Contract to Another Affiliated Entity of GO SPORT FRANCE. Signed in two original copies.
Sample 1
Other Affiliated Entities. Xx. Xxxxx is the principal stockholder of SME Industries, Inc. (“SME”) and Southwest Premier Properties (“SWPP”). For the year ended December 31, 2012, the services we provided to SME included $0.6 million for freight services. The rates charged to the Company are at rates generally more favorable than would be available to the Company for similar services charged by unaffiliated third party companies. For the year ended December 31, 2012, the Company paid Swift Air $1.1 million for these services.
Sample 1

Related to Other Affiliated Entities

  • Affiliated Entities As used in this Agreement, "Company" shall include the Company and each corporation, limited liability company, partnership, or other entity that is controlled by the Company, or is under common control with the Company (in each case "control" meaning the direct or indirect ownership of 50% or more of all outstanding equity interests), provided, however, that the Executive's title need not be identical for each of the affiliated entities nor the same as that for the Company.

  • Related Entities If Tenant is a legal entity, the transfer (by one or more transfers), directly or indirectly, by operation of law or otherwise, of a majority of the stock or other beneficial ownership interest in Tenant or of all or substantially all of the assets of Tenant (collectively “Ownership Interests”) shall be deemed a voluntary assignment of this Lease; provided, however, that the provisions of this Article 13 shall not apply to the transfer of Ownership Interests in Tenant if and so long as Tenant is publicly traded on a nationally recognized stock exchange. For purposes of this Article, the term “transfers” shall be deemed to include (x) the issuance of new Ownership Interests which results in a majority of the Ownership Interests in Tenant being held by a person or entity which does not hold a majority of the Ownership Interests in Tenant on the Effective Date and (y) except as provided below, the sale or transfer of all or substantially all of the assets of Tenant in one or more transactions and the merger or consolidation of Tenant into or with another business entity. Notwithstanding the foregoing, the prior consent of Landlord shall not be required with respect to an assignment or sublease to a Related Entity, or to a business entity into or with which Tenant is merged or consolidated, or to which all or substantially all of Tenant’s assets or all or substantially all of Tenant’s stock are transferred, so long as (i) such transfer was made for a legitimate independent business purpose and not for the purpose of transferring this Lease, (ii) the sublessee or assignee (as applicable) has a Net Worth at least equal to the Net Worth of Tenant as of the Effective Date, and (iii) proof satisfactory to Landlord of such Net Worth is delivered to Landlord at least ten (10) days prior to the effective date of any such transaction (or promptly thereafter if prior notice is prohibited by any applicable Requirements). Notwithstanding the foregoing, if any Tenant hereunder succeeds to the interest of Tenant in this Lease in violation of the terms and conditions of this Lease, such Tenant shall have no right to assign this Lease or sublease all or any portion of the Premises without Landlord’s prior written consent notwithstanding the provisions of this Section 13.6.

  • Company Affiliates No later than 30 days after the date of this Agreement, the Company shall deliver to Parent a list of names and addresses of those persons who were, in the Company’s reasonable judgment, on such date, affiliates (within the meaning of Rule 145 of the rules and regulations promulgated under the Securities Act (each such person being a “Company Affiliate”)) of the Company. The Company shall provide Parent with such information and documents that the Company has in its possession as Parent shall reasonably request for purposes of reviewing such list. The Company shall use its reasonable best efforts to deliver or cause to be delivered to Parent, prior to the Effective time, an affiliate letter substantially in the form attached hereto as Exhibit 6.08, executed by each of the Company Affiliates identified in the foregoing list and any person who shall, to the knowledge of the Company, have become a Company Affiliate subsequent to the delivery of such list.

  • Entities If the undersigned is not an individual but an entity, the individual signing on behalf of such entity and the entity jointly and severally agree and certify that:

  • Regulated Entities None of the Company, any Person controlling the Company, or any Subsidiary, is an "Investment Company" within the meaning of the Investment Company Act of 1940. The Company is not subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute or regulation limiting its ability to incur Indebtedness.

  • Affiliated Company Affiliated Company" of any Person means any entity that controls, is controlled by, or is under common control with such Person. As used herein, "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such entity, whether through ownership of voting securities or other interests, by contract or otherwise.

  • Other Entities Executive agrees to serve if appointed, without additional compensation, as an officer and director for each of the Company’s subsidiaries, partnerships, joint ventures, limited liability companies and other affiliates, including entities in which the Company has a significant investment as determined by the Company. As used in this Agreement, the term “affiliates” will mean any entity controlled by, controlling, or under common control of the Company.

  • Association of Company Affiliates Except for the issuance of securities to the Sponsor, no person to whom securities of the Company have been privately issued within the 180-day period prior to the initial confidential submission date of the Registration Statement has any relationship or affiliation or association with any Member.

  • 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.

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