Common use of Related Entity Clause in Contracts

Related Entity. An entity is a Related Entity of another entity if either entity controls the other entity, or the two entities are under common control. For this purpose control includes direct or indirect ownership of more than 50 percent of the vote or value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the Code.

Appears in 10 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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Related Entity. An entity Entity is a Related Entity of another entity Entity, if either entity Entity controls the other entityEntity, or the two entities Entities are under common control. For this purpose purpose, control includes direct or indirect ownership of more than 50 percent 50% of the vote or and value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the CodeEntity.

Appears in 3 contracts

Samples: Subscription Agreement, Limited Partnership Agreement, Limited Partnership Agreement

Related Entity. An entity is a Related Entity of another entity if either entity controls the other entity, or the two entities are under common control. For this purpose control includes direct or indirect ownership of more than 50 percent per cent of the vote or value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the Code.)

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

Related Entity. An entity Entity is a Related Entity Entity” of another entity Entity if either entity Entity controls the other entityEntity, or the two entities Entities are under common control. For this purpose control includes direct or indirect ownership of more than 50 percent 50% of the vote or and value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the CodeEntity.

Appears in 2 contracts

Samples: Long Form Subscription Agreement, Long Form Subscription Agreement

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Related Entity. An entity is a Related Entity of another entity if either entity controls the other entity, or the two entities are under common control. For this purpose control includes direct or indirect ownership of more than 50 percent of the vote or value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the Code.. Specified U.S. Person means a U.S. Person other than:

Appears in 1 contract

Samples: Subscription Agreement

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