Developer Affiliate definition

Developer Affiliate means any corporation, limited liability company, partnership or other entity which controls, is controlled by, or is under common control with Developer, and “control,” for purposes of this definition, means effective management and control of the other entity, subject only to major events requiring the consent or approval of the other owners of such entity, as shown by copies of relevant portions of organizational documents of such entity and Developer.

Developer Affiliate means a third party whose relationship with the Developer falls within limb (b) of the definition of Developer Party; Developer Board Minutes means a certified copy of a signed resolution of the board of the Developer dated prior to the date of this Agreement in the form set out in Schedule 11 (Developer Board Minutes) together with an officer's certificate in the form set out in Schedule 12 (Developer's Officer's Certificate) and dated on the date of this Agreement;

Developer Affiliate means any subsidiary or holding company of the Developer or any subsidiary to any such holding company as "subsidiary" and "holding company" are defined in Section 1159 Companies Xxx 0000; Development Agreement means an agreement between the Developer and the Grant Recipient of the type contemplated in limb (a) of the definition of "Developer";

Examples of Developer Affiliate in a sentence

• Developer hereby indemnifies Owner against all liabilities and expenses (including, without limitation, attorneys’ fees and costs), in connection with any claims for commission, fee, compensation, or otherwise, for the bringing about of this transaction, or the consummation hereof, which may be made against Owner, as a result of any acts of Developer or any Developer Affiliate.

• Subject to the terms set forth in Section 15 of the Development Agreement, as the Developer or a Developer Affiliate acquires certain real property and records a Transfer Declaration making the after acquired property subject to the Development Agreement, said property shall automatically be reclassified with the MPDO zoning district designation and the City’s Official Zoning Map will be deemed amended and restated/redrawn to reflect the zone change, sua sponte.

• Any Developer Affiliate shall become the Developer hereunder with respect to the Property owned and shall be entitled to all the rights hereunder and assumes all obligations hereunder with respect to the Project so transferred.

• A Special Purpose Entity shall be considered a Developer Affiliate.

• Except for any assignment to any entity controlling, controlled by or under common control with Developer (each a “Developer Affiliate”), the rights and obligations contained in this Agreement may not be assigned by Developer or any Developer Affiliate thereof without the express prior written consent of City; provided, however, that any such consent requested after Substantial Completion shall not be unreasonably withheld, conditioned or delayed.

More Definitions of Developer Affiliate

Developer Affiliate means an entity which is controlled by, or is under common control with Developer and which has the same manager, members, partners or shareholders owning in the aggregate, more than fifty percent (50%) of the ownership interests in Developer owning more than fifty percent (50%) of the ownership interests in said Affiliate; and as used herein, “control” shall mean the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person or entity, whether through the ownership of voting securities or rights, by contract, or otherwise.

Developer Affiliate means any entity that is directly or indirectly Controlling, Controlled by, or under common Control with Developer.

Developer Affiliate means an entity controlled by, or under common control with Developer such that it has either the same manager, members, partners or shareholders who shall own in aggregate, more than fifty percent (50%) of the ownership interests in Developer and also own more than fifty percent (50%) of the ownership interests in said Affiliate or an institutional investor(s) or a fund investing such investors assets; and as used herein, “control” shall mean the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person or entity, whether through the ownership of voting securities or rights, by contract, or otherwise.

Developer Affiliate means CM Doral Development Company LLC.

Developer Affiliate means for each Phase, a limited partnership in which the managing general partner is a limited liability company in which (1) MidPen Housing Corporation or an affiliate in which MidPen Housing Corporation has a Controlling Interest is a member/manager and (2) one or more of the other Collaborating Partners or an affiliate in which the Collaborating Partner has a Controlling Interest is also a member/manager.

Developer Affiliate shall have the meaning set forth in Section 303(2)(a) BB. (§228) Developer Closing Condition(s).

Developer Affiliate means: (i) any entity that owns or controls Developer; (ii) any entity owned or controlled by Developer; (iii) any entity owned or controlled by or affiliated with any entity that owns or controls Developer; (iv) any entity resulting from a consolidation for which Developer is a party; (v) the surviving entity in case of a merger for which Developer is a party; or (vi) any entity to which all or substantially all of the assets of Developer have been sold. The term “Developer Affiliate” shall further mean: