Affiliate Business definition

Affiliate Business means a business that is a Subsidiary of or owned in part by another business concern. Entities are affiliates of each other when one impacts the other by sharing resources, officers, or directors that have any percentages of ownership, or controls or has the power to control the other, or a third party or parties controls or has the power to control both. It does not matter whether control is exercised, so long as the power to control exists.
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Affiliate Business means the business of towing, appraising, auctioning and selling damaged, abandoned, repossessed, total loss, used and recovered theft automobiles, trucks, motorcycles, boats, trailers, motor homes, heavy equipment, farm equipment, tractors, snow mobiles, mopeds, ATV’s, and other types of vehicles.
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Affiliate Business has the meaning set forth in Section 1.04(e)(iii).
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Examples of Affiliate Business in a sentence

  • As used in this Agreement, the terms "Affiliate," "Business Combination," "Interested Stockholder," and "Voting Stock" have the meanings ascribed to them in Section 203(c) of the DGCL in effect on the date hereof.

  • After your Affiliate Business has been terminated, whether by you or the Company, you may apply to become an Affiliate again by submitting to the Company a new Affiliate Agreement.

  • By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Senior Vice President, Search and Marketplace Title: Senior Vice President & General Manager, Affiliate Business Group EXECUTION CONFIDENTIAL * Certain information on this page has been omitted and filed separately with the Commission.

  • Following a review of the Application for Registration, the Company will decide whether to issue a Notice of Registration with respect to the Brand Affiliate Business Support Materials and Services covered by the application.

  • You should operate your Affiliate Business in a financially responsible and businesslike manner—you should not (i) incur debt to purchase Products, (ii) quit your current employment until you are confident that you can afford to do so, and (iii) incur expenses that exceed the amount of your Compensation.

  • To the extent, we are liable, our total liability (and that of any Affiliate, Business Partner or third- party Contractor) shall not exceed the amount of charges actually paid by you to use the SmartPractice software or the Website in the year prior to the date the circumstances causing such liability first arose.

  • Although a newly enrolled Affiliate may be referred to as part your Downline Organization, this does not create in you any form of ownership interest in that Affiliate Business or with respect to any information regarding that Affiliate Business.

  • The Sellers shall not have any rights or interests in or relating to any such Affiliate Business, Acquired Business, or Company Transfers.

  • At any time before the relevant meeting of the Affiliate Business Meeting, the Board may lift the suspension.

  • Except for the addition of spouses or Co-Habitants, if more than one Person wants to participate in an Affiliate Business, then the Persons must apply as a Business Entity as set forth in Section 1.10.


More Definitions of Affiliate Business

Affiliate Business means all or any portion of a business (including related assets) from an Affiliate (other than a Restricted Subsidiary and, in the case of any Restricted Subsidiary, any other Restricted Subsidiary).
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Affiliate Business is defined as means an entity or entities that the Applicant controls or has the power to control, whether or not control is exercised; or an entity or entities that controls, or has the power to control the Applicant, whether or not control is exercised. “Control” means the power to direct or cause the direction of management or policies. In determining whether an affiliation exists, it is necessary to consider whether one entity impacts another by examining several factors, including, but not limited to, sharing resources, common ownership (direct or indirect), management, officers, directors, trustees, employees, and contract employees; common use of facilities, equipment, licenses, and contractual obligations; family interest in the Business; or a business entity organized by a debarred entity, individual, or affiliate following the debarment of a contractor that has the same or similar management, ownership, or principal employees as the contractor that was debarred or suspended. Affiliated entities shall be considered together in terms of Gross Receipts in determining whether a Business meets the Program’s eligibility criteria. a business that is a Subsidiary of or owned in part by another business concern. Entities are affiliates of each other when one impacts the other by sharing resources, officers, or directors that have any percentages of ownership, or controls or has the power to control the other, or a third party or parties controls or has the power to control both. It does not matter whether control is exercised, so long as the power to control exists.
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