Corporation Affiliate definition

Corporation Affiliate means (1) any person of which the Corporation is the beneficial owner (directly or indirectly) of 20% or more of the outstanding voting stock, voting power, partnership interests or similar voting interests or (2) any other person that (directly or indirectly) is controlled by the Corporation;
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Corporation Affiliate means (1) any legal entity of which the Corporation is the beneficial owner of voting interests representing 20% or more in voting power of the outstanding voting interests or (2) any other legal entity that (directly or indirectly) is controlled by the Corporation.
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Corporation Affiliate means a corporation, partnership or trust that is affiliated with the Corporation and for the purpose of this definition, a corporation, partnership or trust is affiliated with another corporation, partnership or trust if it directly or indirectly controls or is directly or indirectly controlled by that other corporation, partnership or trust through the ownership of 25% or more of its voting securities in the case of a corporation, is the general or controlling partner in the case of a partnership, or is the trustee in the case of a trust;
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Examples of Corporation Affiliate in a sentence

  • No independent contractor has provided services to any of the Acquired Corporations or any Acquired Corporation Affiliate for a period of six consecutive months or longer.

  • For the purposes of this Agreement, "Non-Competition Period" shall mean a period of two (2) years following the termination of a Majority Shareholder's employment or consultant relationship with the Surviving Corporation, or any current or future Surviving Corporation Affiliate.

  • For the purposes of this Agreement, "Non- Solicitation Period" shall mean a period of two (2) years following the termination of the Shareholder's employment or consultant relationship with the Surviving Corporation, or any current or future Surviving Corporation Affiliate.

  • Without prejudice to any other provisions of this Agreement, the Company, in its capacity as the Company, shall not (and shall procure (in accordance with article 1120 of the French Code civil (promesse de porte-fort)) that none of its Affiliate will) create, incur, assume or allow to subsist any Security on or over the Capital Stock of any Flowserve Corporation Affiliate if such Security would cause an Event of Default under Clause 25.10 (Security in connection with Banking Facility) above.

  • Except as set forth in Part 2.15(l) of the Disclosure Schedule, each Acquired Corporation Employee Plan (other than any Acquired Corporation Employee Plan to be terminated prior to the Closing in accordance with this Agreement) can be amended, terminated or otherwise discontinued after the Closing in accordance with its terms, without liability to Parent, any of the Acquired Corporations or any Acquired Corporation Affiliate (other than ordinary administration expenses).

  • Grantee shall not deny Grantor access to any of Grantee's Records on the basis that ▇▇▇▇▇▇▇'s Records are under the control of any Parent Corporation, Affiliate or a third party.

  • Supplier： （Company Name in Print and Stamp with Company Seal） Representative： (Signature/Seal) Exhibit A Innolux Corporation Affiliate List Lakers Trading Ltd.

  • Affiliate Agreement EXHIBIT B Sanmina Corporation Affiliate Agreement EXHIBIT C Noncompetition Agreement AGREEMENT AND PLAN OF MERGER dated as of July 22, 1997, among SANMINA CORPORATION, a Delaware corporation ("Parent"), SANM ACQUISITION SUBSIDIARY, INC., a Delaware corporation and a wholly owned subsidiary of Parent ("Sub"), and ELEXSYS INTERNATIONAL, INC., a Delaware corporation (the "Company").

  • This Agreement shall be effective as and from the first day that the Indemnified Party became or becomes a director and/or officer of the Corporation (or a predecessor thereof) or commenced or commences to serve as an officer or director of a Corporation Affiliate (or a predecessor thereof) and, for greater certainty, will continue to be effective after the date the Indemnified Party ceases to be a director and/or officer of the Corporation or of a Corporation Affiliate.

  • Approve changes to programs, services or facilities or closure of any services of the Corporation or any Corporation Affiliate.


More Definitions of Corporation Affiliate

Corporation Affiliate shall have the meaning set forth in Section 3.12.
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Corporation Affiliate means (1) any person of which the Corporation is the beneficial owner (directly or indirectly) of 20% or more of the outstanding voting stock, voting power, partnership
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Related to Corporation Affiliate

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • Participating Corporation means any Parent, Subsidiary or Affiliate that the Committee designates from time to time as eligible to participate in this Plan. For purposes of the Section 423 Component, only the Parent and Subsidiaries may be Participating Corporations, provided, however, that at any given time a Parent or Subsidiary that is a Participating Corporation under the Section 423 Component shall not be a Participating Corporation under the Non-Section 423 Component. The Committee may provide that any Participating Corporation shall only be eligible to participate in the Non-Section 423 Component.

  • Corporation Group means the Corporation, its affiliate, successors and permitted

  • Nonprofit corporation means that term as defined under section 108 of the nonprofit corporation act, 1982 PA 162, MCL 450.2108.