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.
No subtenant that is an Affiliate of Tenant shall be required to attorn to Landlord as set forth above in this Section 16.2.
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.
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 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 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 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 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 X. Xxxx Xxxxxxx and Xxxx Xxxxxxx, acting collectively.
Affiliate of Tenant means any parent Person of Tenant; any subsidiary Person of Tenant, or any subsidiary Person of Tenant's parent Person; any entity in which Tenant, any parent Person of Tenant, or any subsidiary Person of Tenant or Tenant's parent Person holds, directly or indirectly, a majority of the outstanding shares or ownership interest in that entity; any Person who holds, directly or indirectly, a majority of the outstanding shares of ownership interest in Tenant; any subsidiary Person of any Person who holds, directly or indirectly, a majority of the outstanding shares of ownership interest in Tenant; or any Person resulting from the merger, consolidation, or reorganization of Tenant or of Tenant's parent Person or of the parent Person of Tenant's parent Person with another Person; but only if such affiliate is Credit Worthy as of the date of such assignment or subletting. As used herein the term "Person" means, as applicable, a natural person, corporation, general partnership, limited partnership, limited liability partnership, limited liability company, or any other legal entity. The term "Customer Transfer" means an occupancy agreement (but not a sublease or assignment) between Tenant and its suppliers and/or customers for portions of the warehousing and manufacturing space within the Building for storage by such suppliers and/or customers of components supplied to Tenant or inventory of finished goods produced by Tenant, as applicable; provided that, in no event, shall areas in excess of twenty percent (20%) of the total floor area of the Building devoted to warehouse space or areas in excess of forty percent (40%) of the total floor area of the Building devoted to manufacturing space be the subject of Customer Transfers; and provided further that the agreement evidencing any Customer Transfer must not confer, or attempt to confer, any privity of contract between such suppliers and/or customers and Landlord; must not provide that any such customer or supplier is a third party beneficiary to this Lease; and must not grant any real property or leasehold rights in the Building or any portion of the Premises to those customers and/or suppliers.
Affiliate of Tenant. As used herein, the term "Affiliate of ------------------- Tenant" shall mean (i) any person or entity who directly or indirectly owns five percent (5%) or more of the stock, partnership or other beneficial interest in Tenant, if Tenant is a corporation, partnership or other entity, (ii) any corporation, partnership or other entity of which five percent (5%) or more of the stock, partnership or other beneficial interest of which is owned directly or indirectly by Tenant, and (iii) any corporation, partnership or entity of which five percent (5%) or more of the stock, partnership or other beneficial interest is owned directly or indirectly by any person or entity that owns five percent (5%) or more of the stock, partnership or other beneficial interest of Tenant, if Tenant is a corporation, partnership or other entity.