Consultant Affiliate definition

Consultant Affiliate means all world wide companies that are controlled by or under the common control of Kanbay and including for the avoidance of doubt, Kanbay. A company is controlled by Kanbay if Kanbay owns at least fifty percent (50%) or more of the shares or over which it (or one of its holding or subsidiary companies) exercises management control, even though it may own less than fifty percent (50%) of the shares and is prevented by law from owning a greater shareholding;

Examples of Consultant Affiliate in a sentence

  • The Company and the Subsidiaries reserve the right to make all decisions with regard to any matter upon which the Consultant or any Consultant Affiliate has rendered its advice and consultation.

  • The Consultant and the Consultant Affiliate agree that each of them will unconditionally subordinate its security interest to any third party which provides a loan or other form of indebtedness, any form of institutional financing or other form of preferred or senior equity investment to the Company, where the lender, investor or funder demands such subordination.

  • The provisions of this Paragraph 7(c) supersede and replace all prior discussions, negotiations, memoranda, correspondence, understandings and agreements pertaining to the payment of royalties to the Consultant and any Consultant Affiliate.

  • This Agreement supersedes any and all other agreements, either oral or in writing, and/or prior discussions, negotiations, memoranda, correspondence, agreements (either oral or in writing) and understandings between the Company and the Consultant and/or any Consultant Affiliate with respect to the subject matter of this Agreement.

  • The Consultant (or any Consultant Affiliate) shall not have power to make any contracts or commitments for or on behalf of the Company, or to enter into any obligation binding the Company in any manner.

  • Kanbay and HSBC agree that the rates and commitments set forth herein shall not apply to Consultant’s and/or any Consultant Affiliate’s performance of special projects requested by HSBC and/or HSBC Group Members that require Consultant and/or any Consultant Affiliate to provide personnel possessing special skills distinct from those skills generally possessed by Consultant’s Personnel providing the Services under this Rate Schedule (“Special Projects”).

  • HSBC and/or HSBC Group Members shall advise Consultant and/or any Consultant Affiliate of their need for Services, and Kanbay shall manage all staffing of the FTEs in consultation and agreement with HSBC or the relevant HSBC Group Member.

  • Consultant and/or any Consultant Affiliate will, on each invoice that includes fees for Onsite FTE, state the amount of the early payment discount for that invoice and give HSBC or the relevant HSBC Group Member the option to either (i) accept the discount by paying the invoice early as stated herein, or (ii) not accept the discount and pay the full invoice amount as stated.

  • HSBC and/or any HSBC Group Member and Consultant and/or any Consultant Affiliate may also agree to perform Special Projects as Fixed-price Engagements or Not-to-exceed Engagements.

  • Subject to the conditions set forth in this Rate Schedule, Consultant and/or any Consultant Affiliate shall provide Offshore FTEs and Onsite FTEs to HSBC and or the relevant HSBC Group Members at the hourly rates set forth on Exhibit A, which is attached hereto and incorporated herein.