Approved Affiliate definition

Approved Affiliate means those Affiliates of the Company approved by the Bank to participate in the Programme (defined below) from time to time;

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Approved Affiliate means an Affiliate of a Lender engaged in making, purchasing, holding and otherwise investing in commercial loans, and similar extensions of credit in the ordinary course of its activities and that is adequately capitalized to honor its ongoing funding commitments under this Agreement.

Approved Affiliate means any Person that is, at the time of determination, exempt from any U.S. federal withholding tax imposed under Section 871, 881, 1441 or 1442 of the Code on U.S. source interest payments, including (A) any United States Person, (B) any Person or foreign branch of such Person, in each case entitled to claim benefits under a tax treaty that eliminates U.S. federal withholding Tax on U.S. source interest payments, (C) a Person entitled to claim exemption from U.S. federal withholding Taxes for income that is effectively connected with a U.S. trade or business, (D) a Person entitled to claim the exemption from U.S. federal withholding tax on U.S. source interest payments pursuant to the portfolio interest exemption under Section 881(c) of the Code, or (E) a Person entitled to claim an exemption from U.S. federal withholding tax on U.S. source interest payments due to its owners satisfying clause (A), (B), (C), or (D) above.

Examples of Approved Affiliate in a sentence

There shall be no modification to the Approved Affiliate Agreements without the prior written approval of all Members.
Affiliate Entity means both Nominated Affiliate Entities and Approved Affiliate Entities.
In the event of any conflict between this Agreement and such Approved Affiliate Agreements, this Agreement shall control.
This Agreement (including its Exhibits and Schedules), together with the Contribution Agreement, the Ancillary Agreements and the Approved Affiliate Transactions contains the entire agreement and understanding of the Members concerning its subject matter and supersedes all prior agreements, understandings and negotiations, both written and oral, among the Members with respect to the subject matter thereof.
Upon its receipt of an Assignment and Acceptance executed by a Lender and an Eligible Assignee or an Approved Affiliate, together with the Notes (if any) subject to such assignment, the Administrative Agent shall, if such Assignment and Acceptance has been completed and is in substantially the form of the attached Exhibit A, (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register, and (iii) give prompt notice thereof to the Borrower.

More Definitions of Approved Affiliate

Approved Affiliate means, with respect to any entity, any other entity or person that, directly or indi- rectly through one or more intermediaries, controls or is controlled by or is under common control with such en- tity, which is approved by Oerlikon AM and BUYER in writing to provide or acquire the SCOPE OF SUPPLY under this CONTRACT.

Approved Affiliate means, with respect to a Continuing Founder, any affiliate thereof that has been approved by the Secretary or the Treasurer of the Corporation.

Approved Affiliate means an Affiliate whose management role is consented to in writing by the Required Lenders.

Approved Affiliate means, with respect to any Person, any Affiliate of such Person (a) that is a successor-by-merger of such Person; (b) that has satisfied any regulatory requirement and obtained any approval by any Governmental Authority, in each case as it was necessary for such Person to conduct its business; (c) for which the Administrative Agent has received all documents and other information required by bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act and (d) which the Administrative Agent has approved in its reasonable discretion, such approval not to be unreasonably withheld.

Approved Affiliate means a Person that (a) is directly or indirectly wholly-owned by the Parent but is not directly or indirectly owned by any other Loan Party, and (b) does not directly own any Rig.

Approved Affiliate means, with respect to a Person, one or more of the Affiliates of that Person that becomes such with the prior approval of that Person. A Person shall be deemed the "Beneficial Owner" of and shall be deemed to "beneficially own" any securities:

Approved Affiliate shall have the meaning given in Clause 3.2.