Affiliate of Tenant definition

Affiliate of Tenant means any person or entity directly or indirectly controlling, controlled by, or under common control with, Tenant. For purposes of this definition “control” (including with correlative meanings, the terms “controlling,” “controlled by” and “under common control with”), as applied to any person or entity, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of that person or entity, whether through the ownership of voting securities, by contract, or otherwise, together with ownership of at least 51% of the equity and voting interests in such person or entity.

Affiliate of Tenant means any person or entity which directly or indirectly, through one or more intermediaries, controls, is controlled by or is under the common control with, Tenant. As used above, the words “control”, “controlled” and “controls” mean the right and power, directly or indirectly through one or more intermediaries, to direct or cause the direction of substantially all of the management and policies of a person or entity through ownership of voting securities or by contract, including, but not limited to, the right to fifty percent (50%) or more of the capital or earnings of a partnership or, alternatively, ownership of fifty percent (50%) or more of the voting stock of a corporation.

Affiliate of Tenant means and refer to any entity controlled by, controlling or under common control with Tenant.

Examples of Affiliate of Tenant in a sentence

• Tenant shall not, without the prior written consent of Landlord, which consent Landlord may withhold in its sole discretion, assign, mortgage, pledge, hypothecate, encumber or otherwise transfer (except to an Affiliate of Tenant or a Permitted Assignee) the Lease or any interest therein, all or any part of the Property, whether voluntarily, involuntarily or by operation of law.

• Notwithstanding anything contained in this Section 13 to the contrary, Tenant may, without the consent of Landlord, (i) grant a collateral assignment and/or a leasehold mortgage or other security instrument to a mortgagee in connection with a loan used to finance the Redevelopment of the Property, (ii) assign this Lease to an Affiliate of Tenant (which remains an Affiliate of Tenant following such Transfer), and (iii) cause the lease-up of the Property in accordance with the Redevelopment Plans.

• For the absence of doubt, Tenant shall be permitted to enter into a management agreement with an Affiliate of Tenant without obtaining Landlord’s consent thereto.

• No subtenant that is an Affiliate of Tenant shall be required to attorn to Landlord as set forth above in this Section 16.2.

• Management Company acknowledges and agrees that Tenant may assign its rights and obligations under this Agreement without prior approval of Management Company to an Affiliate of Tenant or to a third party in connection with the sale of the Facility.

More Definitions of Affiliate of Tenant

Affiliate of Tenant means any person or entity that directly or indirectly, through one or more intermediaries, controls, is controlled by or is under the common control with, Tenant. As used above, the words "control," "controlled" and "controls" mean the right and power, directly or indirectly through one or more intermediaries, to direct or cause the direction of substantially all of the management and policies of a person or entity through ownership of voting securities or by contract, including, but not limited to, the right to fifty percent (50%) or more of the capital or earnings of a partnership or, alternatively, ownership of fifty percent (50%) or more of the voting stock of a corporation.

Affiliate of Tenant means any entity that is under common control with the Tenant originally named herein, so long as such entity remains in such relationship with the Tenant originally named herein, and "control" shall mean owning more than fifty percent (50 %) of the shares or other beneficial ownership interests of an entity.

Affiliate of Tenant means any entity that is owned or controlled by Tenant, Alliance Data Systems Corporation, or any entity that is wholly owned by Alliance Data Systems Corporation.

Affiliate of Tenant means any individual, trust, corporation, partnership, limited liability company, or other entity or person or group of persons who individually or collectively controls Tenant, directly or indirectly, or is directly or indirectly controlled by Tenant or by the person or persons who control Tenant. The terms "control" and "controlled by" shall mean the ownership of more than 50% of the voting interest in Tenant or such controlled person. At present, Tenant is controlled by G. Xxxx Xxxxxxx and Xxxx Xxxxxxx, acting collectively.

Affiliate of Tenant means (a) any Person directly or indirectly controlling, controlled by, or under common control with, Tenant, or (b) any Person in which Tenant owns at least 51% of the equity and voting interests (for purposes of this definition "control" (including with correlative meanings, the terms "controlling," "controlled by" and "under common control with"), as applied to any Person, means the possession, directly or indirectly, of the legal right to direct or cause the direction of the management and policies of that Person, whether through the ownership of voting securities, by contract, or otherwise).

Affiliate of Tenant means a proprietorship, corporation, partnership, unincorporated association or other person or entity "controlling", "controlled" by or under common "control " with Tenant. The words "controlling", "controlled" and "control" shall have the meanings given them under the Securities Exchange Act of 1934, as amended.

Affiliate of Tenant. As defined in Section 14.8.