Subsidiary or Affiliate Sample Clauses

Subsidiary or Affiliate. Any action required or permitted to be taken under this Agreement by a subsidiary or affiliate of the Company shall be given by the Board of Directors thereof in the manner described in Section 14.1.
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Subsidiary or Affiliate. Form or consent to or take part in the formation of any Subsidiary or affiliate.
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Subsidiary or Affiliate. Provided Tenant delivers notice to -------------------------- Landlord not less than fifteen (15) days prior to any such assignment or sublease, and provided any such assignee or subtenant satisfies the conditions of subsections 11(b)(iii) and 11(b)(iv) above, Tenant may assign this Lease, or sublease all or part of the Premises, without the consent of Landlord, to: (i) any bona fide entity that controls, is controlled by, or is under common control with, Tenant; or (ii) any bona fide entity in which or with which Tenant, its successors or assigns, is merged or consolidated, so long as (A) the liabilities of the entities participating in such merger or consolidation are assumed by the entity surviving such merger or created by such consolidation and (B) the successor can demonstrate to Landlord's reasonable satisfaction by balance sheets and other financial documentation submitted to Landlord that it is no less capable than Tenant of servicing all of Tenant's financial obligations under this Lease.
Sample 1
Subsidiary or Affiliate. Form or consent to or take part in the formation of any Subsidiary or affiliate other than those subsidiaries described on Exhibit D hereto."
Sample 1
Subsidiary or Affiliate. Provided Tenant delivers notice to Landlord not less than thirty (30) days prior to any such Assignment or sublease, Tenant may assign this Lease, or sublease all or part of the Premises, without the consent of Landlord, to: (i) any corporation that has the power to direct Tenant's management and operation with a net worth comparable to Tenant's, or any corporation whose management and operation is controlled by Tenant with a net worth comparable to Tenant's or by Tenant, or (ii) any corporation a majority of whose voting stock is owned. (iii) any corporation in which or with which Tenant, its corporate successors or assigns, is merged or consolidated, in accordance with applicable statutory provisions for merger or consolidation of corporations, so long as (A) the liabilities of the corporations participating in such merger or consolidation are assumed by the corporation surviving such merger or created by such consolidation and (B) the successor can demonstrate by balance sheets and other financial documentation submitted to Landlord that it is capable of servicing all of Tenant's financial obligations under this Lease.
Sample 1
Subsidiary or Affiliate. Sarawak Energy may assign or transfer any obligations and / or rights it has under the Contract without the consent of Contractor, and the Contractor shall provide the Works (or part of the Works), to any subsidiary or affiliate of Sarawak Energy (including, but not limited to Sejingkat Power Corporation Sdn. Bhd.) as may be specified in the Letter of Award or otherwise in writing to the Contractor from time to time. This Agreement is executed by the Parties as follows: Signed for and on behalf of SARAWAK ENERGY BERHAD by its authorised representative in the presence of: Signature of authorised representative Name and designation of authorised representative Company stamp Signature of witness Name and designation of witness Signed for and on behalf of ……………………………………………………………………… by its authorised representative in the presence of: Signature of authorised representative Name and designation of authorised representative Company stamp Signature of witness Name and designation of witness Section 2 – Contract Particulars Commencement Date 1.1(e) According to the Contractor’s Works Schedule Defects Liability Period 1.1(o) One (1) year calculated from the date of the Completion Confirmation Time for Completion 1.1(kk) One month upon Purchase Order awarded Provision of Site 3.1 □ On the Commencement Date Contractor's Works Schedule 9.2 The time of submission shall be within thirty days of the Commencement Date Liquidated damages for late completion 9.9 Not applicable Advance Payment 15.1 The amount of Advance Payment shall be 10% of total contract amount request by the successful tenderer 17.1 □ If applicable in the case where payment of the Contract Price is made progressively, Sarawak Energy shall be entitled to retain ten per cent (10%) of the amount stated in respect of each progressive payment □ Not applicable Tender for Supply, Delivery and Installation of New Rubber Fender at Sejingkat Power Corporation Sdn. Bhd. 1. DEFINITIONS AND INTERPRETATION 1 2. CONTRACTOR'S OBLIGATIONS 6 3. SARAWAK ENERGY'S OBLIGATIONS 9 4. MATERIALS AND WORKMANSHIP 10 5. DESIGN 11 6. COVERING AND INSPECTION 11 7. PERSONNEL 12 8. SUPPORT FOR LOCAL PARTICIPATION 12 9. TIME FOR COMPLETION 13 10. SUSPENSION 14 11. TESTING ON COMPLETION 15 12. REMEDYING DEFECTS 16 13. FINAL ACCEPTANCE CERTIFICATE 16 14. CONTRACT PRICE 16 15. ADVANCE PAYMENT 17 16. PAYMENT PROCEDURE 18 17. RETENTION MONEY 20 18. HEALTH, SAFETY AND ENVIRONMENT 20 19. INFORMATION SECURITY MANAGEMENT SYSTEM 21 20. AVOIDANCE ...
Sample 1
Subsidiary or Affiliate. Subsidiary" or "Affiliate" shall mean any corporation or other legal entity (other than RightCHOICE) that is part of a group of corporations and/or other legal entities under common control, which group includes RightCHOICE and in which group each entity is deemed to be under common control with the others if it is in an unbroken chain of corporations and/or other legal entities each of which is connected to a common parent entity by having fifty (50) percent or more (based on total voting power) of its outstanding stock (or other equity ownership interest) owned directly or indirectly by that common parent entity; provided, however, that no corporation or other entity shall be considered to be a Subsidiary or Affiliate solely because of its direct or indirect ownership of an interest in The Epoch Group, LC. For purposes of clarity only (and without limiting the generality of the foregoing definition), it is noted that the common parent entity referred to in the foregoing definition qualifies as a Subsidiary or Affiliate.
Sample 1
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Related to Subsidiary or Affiliate

  • Funding by Branch Subsidiary or Affiliate Each Lender may make any Loan hereunder through an Affiliate or domestic or foreign branch of such Lender or Affiliate.

  • Affiliate As used in this Agreement, the term “affiliate” shall mean any entity which owns or controls, is owned or controlled by, or is under common ownership or control with, Company.

  • Affiliate or Affiliated With respect to any Person, (i) any Person directly or indirectly owning, controlling or holding, with the power to vote, ten percent (10%) or more of the outstanding voting securities of such other Person; (ii) any Person ten percent (10%) or more of whose outstanding voting securities are directly or indirectly owned, controlled or held, with the power to vote, by such other Person; (iii) any Person directly or indirectly controlling, controlled by or under common control with such other Person; (iv) any executive officer, director, trustee or general partner of such other Person; and (v) any legal entity for which such Person acts as an executive officer, director, trustee or general partner.

  • 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.

  • 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.

  • Subsidiary For purposes of this Agreement, the term “subsidiary” means any corporation or limited liability company of which more than 50% of the outstanding voting securities or equity interests are owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary.

  • Subsidiaries and Affiliates of Borrower To the extent the context of any provisions of this Agreement makes it appropriate, including without limitation any representation, warranty or covenant, the word "Borrower" as used in this Agreement shall include all of Borrower's subsidiaries and affiliates. Notwithstanding the foregoing however, under no circumstances shall this Agreement be construed to require Lender to make any Loan or other financial accommodation to any of Borrower's subsidiaries or affiliates.

  • 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.

  • Subsidiaries and Affiliates The Sub-Advisor may perform any or all of the services contemplated by this Agreement directly or through such of its subsidiaries or other affiliated persons as the Sub-Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliated persons shall have been approved by the Trust to the extent required pursuant to the 1940 Act and rules thereunder.

  • No Control of the Company’s Business Nothing contained in this Agreement is intended to give Parent, directly or indirectly, the right to control or direct the Company’s or its subsidiaries’ operations prior to the Effective Time. Prior to the Effective Time, the Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its subsidiaries’ operations.

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