Eligible Affiliate definition
Eligible Affiliate means any Person in which Prologis directly or indirectly holds an Equity Interest.
Eligible Affiliate means MTI MicroFuel Cells Inc., MTI Instruments, Inc., and any other Related Companies, except as the Administrator otherwise specifies. For ISO grants, “Related Company” means any corporation in an unbroken chain of corporations including the Company if, at the time a participant receives an ISO under the Plan, each corporation (other than the last corporation in the unbroken chain) owns stock possessing 50% or more of the total combined voting power of all classes of stock in another corporation in such chain. “Related Company” also includes a single-member limited liability company included within the chain described in the preceding sentence. The Administrator may use a different definition of Related Company for NQSOs and other Awards and may include other forms of entity at the same level of equity relationship (or such other level as the Board or the Administrator specifies).
Eligible Affiliate means, with respect to any Lender, any Affiliate hereof that has combined capital and surplus of at least $250,000,000.
Examples of Eligible Affiliate in a sentence
Each Borrower acknowledges that the issuance of any Letter of Credit requested by such Borrower for the account of an Eligible Affiliate inures to the benefit of such Borrower.
Notwithstanding the foregoing, the provisions of this Section 6.11.3 (other than clause (i) above) shall not be conditions to an Eligible Affiliate that is organized under the Laws of a Participating Member State becoming a Euro Borrower.
Each Lender agrees that it shall respond to any such request within three Business Days; provided that if an Applicable Tranche Lender does not respond within the required time period, then the applicable Funding Agent may deem such Applicable Tranche Lender to be unable to make a Committed Loan to such Eligible Affiliate without the imposition of a withholding tax.
Notwithstanding that a Letter of Credit is in support of obligations of, or is for the account of, an Eligible Affiliate, the requesting Borrower shall be obligated to reimburse the applicable L/C Issuer hereunder for all drawings under such Letter of Credit.
Xerox reserves the right to review and approve Customer’s credit, or in the case of an Order by an Eligible Affiliate, such Eligible Affiliate’s credit, prior to acceptance of an Order and the entity placing the Order hereby authorizes Xerox or its agent to obtain credit reports from commercial credit reporting agencies for this purpose.
More Definitions of Eligible Affiliate
Eligible Affiliate means an affiliate of an Eligible Holder that is an Eligible Holder or would be an Eligible Holder if such affiliate were a Holder of an Allowed Secured Notes Claim or a Holder of an Allowed Unsecured Notes Claim.
Eligible Affiliate means any Affiliate of the Borrower, provided that (a) the Borrower or any of its other Affiliates does not Control such Affiliate, (b) the Borrower and the Subsidiaries do not own, control or hold, directly or indirectly, individually or in the aggregate, Equity Interests of such Affiliate representing 50% or more of the equity or 50% or more of the voting power or, in the case of a partnership, 50% or more of the general partnership interests of such Affiliate, (c) the accounts of such Affiliate are not consolidated with those of the Borrower in the Borrower's consolidated financial statements (and are not required to be so consolidated in accordance with GAAP), (d) each Account due to the Borrower or another Grantor from such Affiliate requires payment for the goods sold or leased or the services rendered to such Affiliate in cash and on terms that are no less favorable to the Borrower or such Grantor, as the case may be, than those that could be obtained at such time in arm's-length dealings with a Person who is not such an Affiliate and (e) such Affiliate meets any other eligibility standard or requirement that is imposed by the Administrative Agent or the Majority Lenders in their discretion (not to be exercised unreasonably) based on the results of collateral and borrowing base evaluations and monitoring conducted by the Administrative Agent and its designated representatives; any changes to such standards or requirements or the imposition of any additional standard or requirement by the Administrative Agent or the Majority Lenders shall be made by written notice to the Borrower setting forth in reasonable detail the basis for such change or addition, and shall become effective for purposes of the first Borrowing Base Certificate that is delivered pursuant to Section 5.09 at least five Business Days after the date of receipt by the Borrower of such written notice.
Eligible Affiliate means any Affiliate which: (a) has been attributed as an “affiliate” of eToro pursuant to eToro’s customary tracking protocols, including but not limited to, the use of eToro’s unique affiliates’ identification code, cookies or otherwise, and (b) has been accepted by eToro, under its sole and absolute discretion, and (c) has registered as eToro’s “affiliate” on the Registration Page at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.
Eligible Affiliate means an entity that, directly or indirectly, is 100% owned by Guarantor.
Eligible Affiliate means an Affiliate of Borrower which is not a Wholly-Owned Subsidiary that does not have any Indebtedness other than Indebtedness in connection with accounts payable to unsecured trade creditors for goods and services and current operating liabilities (not the result of the borrowing of money) incurred in the ordinary course of business of such Affiliate. Eligible Affiliates as of the date hereof are listed on Schedule 5.5.
Eligible Affiliate means each Affiliate of the Borrowers which is listed in Schedule 2.01 hereto and any other Affiliate of the Borrowers approved by the Lenders, the LC Administrator and the Fronting Bank.
Eligible Affiliate means any Affiliate of any of the Loan Parties, provided that (a) the Group Members, individually or in the aggregate, do not own, control or hold, directly or indirectly, Capital Stock in such Affiliate representing 50% or more of the equity or 50% or more of the voting power, or, in the case of a partnership, 50% of the general or limited partnership interests of such Affiliate, (b) the accounts of such Affiliate are not consolidated with those of the Borrower in the Borrower’s consolidated financial statements (and are not required to be so consolidated in accordance with GAAP) and (c) each Account due to any Loan Party from such Affiliate requires payment for the goods sold or leased or the services rendered in the ordinary course of business to such Affiliate in cash and on terms that are no less favorable to such Loan Party than those that could be obtained at such time in arm’s length dealings with a Person who is not an Affiliate of such Loan Party.