Family Relation definition

Family Relation means in relation to a Shareholder: (a) the husband or wife or the widower or widow of such Shareholder; (b) all the lineal descendants and lineal heirs in direct line of such Shareholder; (c) the brothers and sisters of such Shareholder; and (d) a husband or wife or widower or widow of any of the persons referred to in paragraphs (a), (b) and (c) above, and for these purposes a step-child or adopted child or illegitimate child of any person shall be deemed to be his or her lineal descendant;
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Family Relation means a s pouse, sibling, child or grandchild (including any step and adopted children and grandchildren);
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Family Relation means a spouse or a
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Examples of Family Relation in a sentence

  • No Immediate Family Relation of a Seller or an Affiliate of the foregoing has received any benefit paid or payable by the Company or the Subsidiary.


More Definitions of Family Relation

Family Relation means any family member of an employee such as his/her spouse, his/her parents , children and siblings or any person with which the employee has a personal relationship that could affect the objectivity of a professional decision.
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Related to Family Relation

  • Health status-related factor means any of the following factors:

  • Lender-Related Person means, with respect to any Lender, such Lender, together with such Lender’s Affiliates, officers, directors, employees, attorneys, and agents.

  • Family size means the number that is determined by counting the bor- rower, the borrower’s spouse, and the borrower’s children, including unborn children who will be born during the year the borrower certifies family size, if the children receive more than half their support from the borrower. A bor- rower’s family size includes other indi- viduals if, at the time the borrower certifies family size, the other individ- uals—

  • Caretaker relative means a relative of a dependent child by blood, adoption, or marriage with whom the child is living, who assumes primary responsibility for the child's care (as may, but is not required to, be indicated by claiming the child as a tax dependent for federal income tax purposes), and who is one of the following:

  • Family child care provider means a person who: (a) Provides

  • CLO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”