Equity Affiliate definition

Equity Affiliate means, with respect to any Person, any corporation, partnership, limited liability company or other business entity of which an aggregate of less than 50% of the Voting Interests is, at the time, directly or indirectly, owned or controlled by such Person or one or more Subsidiaries or Equity Affiliates of such Person and which such Person accounts for in its consolidated financial statements on an equity basis pursuant to GAAP.

Equity Affiliate means any Person in which the Borrower or any of its Subsidiaries holds an equity investment that is accounted for under the equity method.

Equity Affiliate means at any date any corporation or other entity (which may be a Subsidiary but not a Consolidated Subsidiary) of which securities or other ownership interests are at the time directly or indirectly owned by the Borrower and accounted for under the equity method of accounting.

Examples of Equity Affiliate in a sentence

• Ted RattenberryGenerational Equity Affiliate President, Busnex Business Exchange Ltd.

• On the Effective Date, the Old Equity and Affiliate Interests will be cancelled and neither the Holders of Old Equity, Affiliate Interests, nor the Holders of Subordinated Claims shall receive or retain any distribution on account of such Old Equity Interests, Affiliate Interests or Subordinated Claims.

• All Equity Affiliates of the Company are listed on Schedule 5.3 to this Agreement, which Schedule reflects the percentage and nature of the Company's ownership of each Subsidiary and Equity Affiliate of the Company.

• Except as set forth on Section 4.6(a) of the Company Disclosure Letter, none of the Company or any of its Subsidiaries has any obligation to contribute any additional capital to, or acquire any additional interest in, any Subsidiary or Equity Affiliate of the Company.

• The term "Loss Adjustment Amount" means, for any Equity Affiliate at any time, the cumulative amount by which the book value of Investments by the Combined Companies in such Equity Affiliate has theretofore been reduced by operating losses, write downs or writeoffs of assets or other special charges.

More Definitions of Equity Affiliate

Equity Affiliate means, as to any Person, any other Person in which such Person or any of its Subsidiaries holds a five percent or greater equity interest.

Equity Affiliate means, as applied to any Person, any other ---------------- Person directly or indirectly controlling, controlled by, or under direct or indirect common control with, such Person. For purposes of this definition, "control" (including, with correlative meanings, the terms "controlling", "controlled by" and "under common control with"), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise.

Equity Affiliate of any Person shall mean any other Person in which the first Person directly or indirectly through a Subsidiary owns an investment accounted for by the equity method within the meaning of GAAP.

Equity Affiliate means, as applied to any Person, any other Person directly or indirectly controlling, controlled by, or under direct or indirect common control with, such Person. For purposes of this definition, "control" (including, with correlative meanings, the terms "controlling", "controlled by" and "under common control with"), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise.

Equity Affiliate means, with respect to any Person, any other Person that is not a Subsidiary of such Person but is accounted for by such Person using the equity method of accounting in accordance with GAAP, including joint ventures in which such Person has a non-controlling interest.

Equity Affiliate means any Person in which the Company or any of its consolidated Subsidiaries has an equity interest which is or, in accordance with GAAP, should be accounted for on the equity method in the Company's consolidated financial statements.

Equity Affiliate. Any Affiliate of the Parent who owns or controls any Borrower's shares of capital stock or any warrants, options or rights for the purchase thereof.