Corporate Affiliate definition

Corporate Affiliate shall have the meaning as set forth in the definition of “Additional Amount Payment” in this Section 1.1.

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Corporate Affiliate means any parent or subsidiary of the Company (as defined in Section 424 of the Code) which is incorporated in the United States, including any parent or subsidiary corporation which becomes such after the Effective Date.

Corporate Affiliate means and includes all parent, affiliate and subsidiary company(ies) of the Party in reference and shall mean, with regard to either Party, any corporation or other entity that directly or indirectly controls, is controlled by, or is under common control with the Party including but not limited to all parent, affiliate, and subsidiary company(ies) of such Party.

Examples of Corporate Affiliate in a sentence

Nothing in this letter agreement is intended to provide you with any right to continue in the employ of the Company (or any Corporate Affiliate) for any period of specific duration or interfere with or otherwise restrict in any way your rights or the rights of the Company (or any Corporate Affiliate), which rights are hereby expressly reserved by each, to terminate your employment at any time for any reason or for no reason.
Under no circumstances shall purchase rights be granted under the Plan to any Eligible Employee if such individual would, immediately after the grant, own (within the meaning of Code Section 424(d)) or hold outstanding options or other rights to purchase, stock possessing five percent (5%) or more of the total combined voting power or value of all classes of stock of the Corporation or any Corporate Affiliate.
Except for the Borrower's Subsidiaries on the date hereof so long as they remain Subsidiaries of the Borrower, the Credit Parties will not, and will not permit any Corporate Affiliate to, directly or indirectly, enter into any lease or other transaction with any shareholder or with any Affiliate of the Borrower or such shareholder, on terms that are less favorable to the Borrower or such Subsidiary than those which might be obtained at the time from Persons who are not a shareholder or an Affiliate.
Any such unapproved charges shall be the responsibility of the Member rendering such charges or the Member with which the Corporate Affiliate rendering such charges is affiliated.
If the Seller or any Corporate Affiliate shall violate this Section 9.3, the duration of this Section 9.3 automatically shall be extended as against such violating party for a period equal to the period during which such party shall have been in violation of this Section 9.3. The covenants contained in this Section 9.3 are deemed to be material and the Buyer is entering into this Agreement relying on such covenants.

More Definitions of Corporate Affiliate

Corporate Affiliate means any parent or subsidiary corporation or limited liability company of the Company (as determined in accordance with Code section 424), whether now existing or subsequently established.

Corporate Affiliate means any entity directly or indirectly controlling, controlled by or under common control with The Company, where “control” of an entity means ownership or the ability to direct the voting of at least fifty percent (50%) of the equity voting interests in such entity.

Corporate Affiliate means each Person, other than a natural person, that is an Affiliate of the specified Person.

Corporate Affiliate means any company that is either the parent corporation or a subsidiary corporation of the Company (as determined in accordance with Section 424 of the Code), including any parent or subsidiary corporation that becomes such after the Effective Date.

Corporate Affiliate means an “Affiliate,” as such term is defined in the Stockholders Agreement.

Corporate Affiliate means any parent or subsidiary corporation of the Company (as determined in accordance with Code Section 424), including any parent or subsidiary corporation which becomes such after the Effective Date.

Corporate Affiliate means, with respect to a specified Person, any other Person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with the Person specified. For purposes of this Agreement, the term “control” (including its correlative meanings, “controlled by” and “under common control with”) shall mean possession, directly or indirectly, of the power to direct or cause the direction of management or policies (whether through ownership of securities or partnership or other ownership interests, by Contract or otherwise).