corporate separateness definition

corporate separateness of related entities, which means the liability of a parent company will not normally be imputed to a subsidiary (and vice versa).
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Related to corporate separateness

  • Professional corporation means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.

  • Corporate Secretary means the corporate secretary of the Corporation;

  • School resource officer means a law enforcement officer or police officer employed by a local law enforcement agency who is assigned to a district through an agreement between the local law enforcement agency and the district.

  • Corporate Headquarters means the location that is the primary center of direction, control and coordination for the company.