BP Affiliate definition

BP Affiliate means an Entity which is domiciled in the United States and is an Affiliated Person (as defined in the Restated Lease) with respect to BP Parent (as defined in the Restated Lease).
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BP Affiliate means any “subsidiary” or “associate” company of BP p.l.c. and any company in the “group” of companies owned by BP p.l.c.
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BP Affiliate means any “subsidiary” or “associate” company of BP p.l.c. and any company in the “group” of companies owned by BP p.l.c. (and the words “subsidiary” “associate” and “group” shall have the same meaning given to them by the Swedish Companies Act (2005:551) as amended).
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Examples of BP Affiliate in a sentence

  • Any Guarantor which is not a BP Affiliate shall at all times maintain its status as a Qualifying Guarantor.

  • BP may at any time assign its rights and obligations under this Agreement, in whole or in part, to any BP Affiliate, provided it has delivered prior written notice to the Alliance of the assignment.

  • Except for an assignment by BP to a BP Affiliate, neither Party may assign or transfer this Agreement, without the prior written consent of the other Party.

  • Except for an assignment to a BP Affiliate, neither Party may assign or transfer this Agreement, without the prior written consent of the other Party.

  • The Supplier shall indemnify and hold harmless BP against all claims, suits, actions, damages, settlements, losses, liabilities and costs, including reasonable attorney’s fees, suffered or incurred by BP and any BP Affiliate relating to any failure by the Supplier to comply with Trade Restrictions.

  • Where reference is made in the Agreement to an obligation being performed by BP that reference should be interpreted to mean that the obligation will be performed by BP, BP Affiliate or its Deliverer.


More Definitions of BP Affiliate

BP Affiliate means (i) any legal entity directly or indirectly controlled by BP p.l.c., other than BP, where owning fifty percent (50%) or more of the stock, equity or property of such legal entity, or having the right to appoint fifty percent (50%) or more of the members or owner representatives of such legal entity are examples of forms of control; or (ii) a firm, undertaking, joint venture, association, partnership, or other form of business organization in or through which either an entity described in (i) above or BP directly or indirectly performs as a designated operator or exercises control (directly or indirectly) regarding the management or operations of such entity and in which it directly or indirectly has an ownership, production sharing, or other economic interest
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BP Affiliate means the BP entity stated in the “Bill-To Address” box on the front page of this Purchase Order, any “related company” of that company, BP p.l.c. and any company in the “group” of companies owned by BP
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BP Affiliate means any “related body corporate”, “subsidiary” or “associate” company of BP, BP p.l.c. and any company in the “group” of companies owned by BP p.l.c. (and the words “related body corporate”, “subsidiary” and “associate” shall have the same meaning given to them by the Corporations Act 2001 as amended).
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Related to BP Affiliate

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.

  • Affiliate means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person, as such terms are used in and construed under Rule 405 under the Securities Act.

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.