Brazilian Affiliate definition

Brazilian Affiliate means, relative to any Entity, an Affiliate that is domiciled in Brazil; “Control” (including its associated meanings) means, pursuant to Article 116 of Law No. 6.404, from 12.15.1976, (a) power to elect the majority of the board members, or similar organization, of the controlled Entity or, in some other way, to conduct this Entity’s businesses or apply its policies (by means of a contract or in some other way), and, (b) the actual direct or indirect ownership of rights that grants to the Controlled Entity the majority vote of the Controlled Entity in a shareholdersgeneral assembly or similar gathering.
Brazilian Affiliate has the meaning ascribed to it in Article 10.1.2;
Brazilian Affiliate means in relation to any Party an Affiliate domiciled in Brazil.

Examples of Brazilian Affiliate in a sentence

  • It should be noted that this team was joined, in early 2010, by a senior consultant by virtue of an agreement reached between the General Secretariat and Brazilian Affiliate Member Brazilian Confederation of Convention Bureaux, initially, and subsequently the entity INSTITUTO POLO INTERNACIONAL IGUASSU - "POLOIGUASSU".

  • Owner shall appoint a Brazilian Affiliate to operate the Vessel under the Operation and Services Agreement.

  • To the extent necessary, Buyer shall cause the Company to grant the Brazilian Affiliate with a free right to use the Contributed Intellectual Property currently used by the Brazilian Affiliate for the manufacturing and/or the sale of products of the Business, provided that such right shall not be used by the Brazilian Affiliate for other purposes than the performance of the contracts entered into by the Brazilian Affiliate with respect to products of the Business prior to the date hereof.

  • Alcan shall be entitled to and shall act on any communication or agreement entered into by Novelis on Novelis's behalf or on behalf of any of Novelis Brazilian Affiliate, Novelis Rugles, Novelis PAE, Novelis Specialites, Novelis Luxembourg and Arcustarget.

  • In South America the name "Seeger" may also be used by TTC's Brazilian Affiliate TransTechnology Brazil Ltda., but only in the combination of "Seeger-Reno".

  • For the purposes of EXHIBIT "A" attached to this Agreement, each of Novelis Brazilian Affiliate, Novelis Rugles, Novelis PAE, Novelis Specialites, Novelis Luxembourg and Arcustarget shall be deemed to constitute a member of Novelis Group and each of Alcan Corporation, AAC, Alcanint and Alcan PechineY shall be deemed to constitute a member of Alcan Group.

  • During the same period of time (i) Seller and TTC shall cause their Brazilian Affiliate TransTechnology Brazil Ltda.

  • As an adjustment to the Purchase Price with respect to the Brazil Deferred Business, Buyer’s Brazilian Affiliate shall pay to Xxxxxxx Electric Brazil (or if such amount is negative, Xxxxxxx Electric Brazil shall pay such amount to Buyer’s Brazilian Affiliate) the sum (such sum, the “Brazil Post-Closing Adjustment”) of (x) the Net Brazil Cash Pool Change less (y) the Net Brazil Accounts Receivable Change plus (z) the Net Brazil Accounts Payable Change.

  • Any communication given to Novelis in accordance with the foregoing provisions shall be deemed to be effective notice to any other member of Novelis Group and each of Novelis Brazilian Affiliate, Novelis Rugles, Novelis PAE, Novelis Specialites, Novelis Luxembourg and Arcustarget hereby appoints Novelis as its irrevocable agent, nominee and appointee for the purpose of receiving any communication or notice addressed to it.


More Definitions of Brazilian Affiliate

Brazilian Affiliate means, with relation to any Person, an Affiliate domiciled in Brazil;
Brazilian Affiliate means with respect to any Person an Affiliate domiciled in Brazil.

Related to Brazilian Affiliate

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • U.S. Affiliate means the U.S. registered broker-dealer affiliate of an Underwriter;

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Non-Affiliate means, for any specified Person, any other Person that is not an Affiliate of the specified Person.

  • Designated Affiliate means the affiliates of the Corporation designated by the Committee for purposes of the Plan from time to time;

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • BHC Act Affiliate of a party means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party.

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • BHC Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. §1841(k).

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Canadian Resident means, at any time, a Person who at that time is (a) not a non-resident of Canada for purposes of the Tax Act or (b) an authorized foreign bank deemed to be resident in Canada for purposes of the Tax Act in respect of all amounts paid or credited to such Person under the Canadian Revolving Credit Commitment or Canadian Letter of Credit Commitment pursuant to this Agreement.

  • Approved Entity means a body corporate that is incorporated or established under the laws of an OECD member state and which, on the occurrence of the Relevant Event, has in issue Relevant Shares.

  • Plan Affiliate means, with respect to any Person, any employee benefit plan or arrangement sponsored by, maintained by or contributed to by such Person, and with respect to any employee benefit plan or arrangement, any Person sponsoring, maintaining or contributing to such plan or arrangement.

  • Subsidiary of a Person means any corporation, association, partnership, limited liability company, joint venture or other business entity of which more than 50% of the voting stock, membership interests or other equity interests is owned or controlled directly or indirectly by such Person, or one or more of the Subsidiaries of such Person, or a combination thereof. Unless the context otherwise clearly requires, references herein to a "Subsidiary" refer to a Subsidiary of the Company.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Qualified United States financial institution means an institution that:

  • Indian child means any unmarried person who is under age eighteen and is either (a) a member of an Indian tribe or (b) is eligible for membership in an Indian tribe and is the biological child of a member of an Indian tribe;

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Qualified Affiliate means an Affiliate of a Lender who has executed and delivered to the Administrative Agent an instrument of adhesion in the form set forth in Schedule J.

  • Applicable Public Official or State Employee means any public official or state employee described in