Columbia Affiliate definition

Columbia Affiliate means any Affiliate of Columbia (other than a natural person).
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Columbia Affiliate means any corporation which may be conducted with Columbia by a chain of one or more corporations linked through 75% stock ownership, or any partnership (general or limited) orders of partnerships of which Columbia Corporate Affiliates are the sole general partners therein, irrespective of any ownership interest in the Partnership. For this purpose, the parties agree that if Columbia owns 75% of subsidiary A and subsidiary A owns 75% of Subsidiary B, subsidiary B is not "linked through 75% stock ownership" with Columbia (but rather is linked through 56.25% ownership) and is therefore not a Columbia Affiliate.
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Columbia Affiliate means any corporation or limited liability company which may be connected with Columbia by a chain of one or more corporations or limited liability companies linked through 75% stock ownership or 75% limited liability company interest, as the case may be, or any partnership (general or limited) or limited liability company or tiers of partnerships or limited liability companies of which Columbia Corporate Affiliates are the sole general partners or members therein, irrespective of any ownership interest in the Partnership. For this purpose, the parties agree that if Columbia owns 75% of a subsidiary A and subsidiary A owns 75% of subsidiary B, subsidiary B is not "linked through 75% stock ownership" with Columbia (but rather is linked through 56.25% ownership) and is therefore not a Columbia Affiliate."
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Examples of Columbia Affiliate in a sentence

  • The General Partner shall devote such time to the Partnership as may be necessary to manage and supervise the Partnership business and affairs, but nothing in this Agreement shall preclude the General Partner, at the expense of the Partnership, from employing any Columbia Affiliate or a third party to provide management or other services to the Partnership, always subject, however, to the control of the General Partner.

  • The General Partner may contract with other parties (including Columbia or any Columbia Affiliate) in rendering management services to the Partnership.

  • Partnership funds, however, may be invested in such securities and investments, as the General Partner may select, until withdrawn for Partnership purposes; provided, however, that no Partnership funds shall be invested in the securities of Columbia or any Columbia Affiliate unless (i) Approved by the Committee, and, in addition, (ii) such investment is consistent with the General Partner's fiduciary duties hereunder.

  • Nothing contained in this Article NINTH shall preclude the settlement of any transaction entered into through the facilities of the New York Stock Exchange.

  • Notwithstanding any of the provisions of this Agreement to the contrary, the General Partner and Columbia/TSP may transfer, convey, sell or assign any of the Units held by such General Partner and Columbia/TSP to any Columbia Affiliate without the consent of or notice to any other Partner.

  • Subject to the provisions of Section 8.5 and any other express provisions herein, the General Partner may (at General Partner's sole expense) contract with Columbia or any Columbia Affiliate for assistance to it in rendering management services to the Partnership; and may contract wit-in third parties for the same if Approved by the Committee.

  • If the Partnership elects to permit the Columbia Affiliate to contribute such health care facility to the capital of the Partnership, the value of same for purposes of determining the adjustment to the General Xxxxxx’x or the Columbia Affiliate’s Sharing Percentage will be based upon the value ascribed to such health care facility in the multiple health care facility transaction.

  • Any transaction between the Partnership and the General Xxxxxx, Columbia or any Columbia Affiliate is hereby expressly authorized provided that the terms of such transactions are generally no less favorable to the Partnership than the terms that would be made available to the Partnership in arm’s length transactions with independent third parties.

  • Any transaction between the Partnership and the General Partner, Columbia or any Columbia Affiliate is hereby expressly authorized provided that the General Partner uses its best efforts to ensure that the terms of such transactions are generally no less favorable to the Partnership than the terms that would be made available to the Partnership in arm’s length transactions with independent third parties.

  • In all events, and regardless of whether any transfer of GP Units has occurred, the General Partner shall at all times remain a Columbia Affiliate (except as set forth in Section 13.4(c) immediately below).


More Definitions of Columbia Affiliate

Columbia Affiliate means any Affiliate of Columbia (other than a natural person)
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Related to Columbia Affiliate

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

  • Plan Affiliate means any other Person with whom the First Person constitutes or has constituted all or part of a controlled group, or which would be treated or have been treated with the First Person as under common control or whose employees would be or have been treated as employed by the First Person, under Section 414 of the Code or Section 4001(b) of ERISA and any regulations, administrative rulings and case law interpreting the foregoing.

  • Controlled group of corporations has the meaning set forth in Code Section 1563.

  • 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.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • 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.

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

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Company Subsidiary means any Subsidiary of the Company.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Controlling Affiliate means an Affiliate that directly or indirectly Controls the Hotel and/or Controls the entity that Controls the Hotel.

  • 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.

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

  • Seller Affiliate means any Affiliate of Seller.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Controlled Affiliates means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, has Majority Control of or is Majority Controlled by or is under common Majority Control with the Person specified.

  • Corporate Affiliate means any parent or subsidiary corporation of the Corporation (as determined in accordance with Code Section 424), whether now existing or subsequently established.

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).