Distributor Affiliate definition
Distributor Affiliate means (i) any corporation or business entity of which the Distributor (meaning either individual Distributor named herein) has either (a) thirty (30%) or more of the ownership of the corporation or business entity or (b) thirty (30%) or more of the power to vote on or direct the affairs of the corporation or business entity and (ii) any individual who has either (a) thirty (30%) percent or more of the ownership of a Distributor or a Distributor Affiliate or (b) thirty (30%) percent or more of the power to vote on or direct the affairs of a Distributor or a Distributor Affiliate.
Distributor Affiliate means an Affiliate of a Distributor which itself is not a Distributor.
Distributor Affiliate means any company controlled by, controlling, or under common control with Distributor.
Examples of Distributor Affiliate in a sentence
Neither Distributor, nor any Distributor Affiliate involved in the commercialization of the Authorized Generic Product or performance of Distributor’s obligations under this Agreement, is the subject of any pending or, to Distributor’s knowledge, threatened investigation in respect of Distributor by the FDA pursuant to its ‘Fraud, Untrue Statements of Material Facts, Bribery, and Illegal Gratuities’ Final Policy set forth in 56 Fed.
More Definitions of Distributor Affiliate
Distributor Affiliate has the meaning given to that term in Section 14.1(a) (Distributor Affiliates).
Distributor Affiliate means: (a) any company or partnership that holds or operates the Approved Plant or a LOBP, (b) any company or partnership in which Distributor or Distributor Parent now or hereafter owns or controls, directly or indirectly, more than [***] ([***]) of the ownership interests having the right to appoint the majority of the members of the board of directors or similar governing body; for purposes of this definition, the term “controls” means the power to direct the management and policies of such entity, directly or indirectly, whether through ownership of voting securities, by contract or otherwise, and (c) [***], except in the event of [***] (for purposes of Section 2.3 and 8.1 only);
Distributor Affiliate means those Persons identified in “Exhibit A” who are in a Control relationship with Distributor and to whom Distributor furnishes Receipt of Market Data.