New Affiliate definition

New Affiliate means, with respect to a Party, a Person that becomes an Affiliate of such Party after the Effective Date as a result of a merger or acquisition of such Party (including by virtue of an acquisition of at least 50% of the voting stock of such Party).

New Affiliate of a Party shall mean an Affiliate of a Party that is not a Current Affiliate and that becomes an Affiliate by means other than a reorganization of the Party or its Affiliates. For example if, after the Effective Date, a third party acquires a Party or its Affiliates (or their assets in the case of an asset purchase), or a Party or its Affiliates acquire a third party (or its assets in the case of an asset purchase), such third party (or its assets) would be considered a New Affiliate.

New Affiliate means a Third Party that becomes an Affiliate of a Party after the Effective Date through or after a Change of Control of such Party, other than (i) such Party, or (ii) any Affiliates of such Party immediately before the consummation of such Change of Control.

Examples of New Affiliate in a sentence

Affiliate members cannot:• Hold voting rights• Hold any position on Chapter Council• Hold any position on the Board• Nominate applicants for any membership grade• Use the designation Certified Quantity Surveyor• Use the AIQS Member logo New Affiliate grade members from 1 July 2019 are not entitled to use post nominals.
New Affiliate Organization Application Process - The “Applicant” is defined as a rink, park district or any other organization recognized by USA Hockey and/or AHAI as having the qualifications to operate an affiliate organization.
The term "Disability" for purposes of this Agreement shall mean that Executive, as a result of a mental or physical condition or illness affecting a major life activity, is unable to perform the essential functions of Executive's job at the Post Parties for any consecutive 180-day period, even with reasonable accommodation, all as reasonably determined by the Compensation Committee.
VI.B. New Affiliate Compliance PlansUpon the creation of a new affiliate which is addressed by these Rules, the utility shall immediately notify the Commission of the creation of the new affiliate, as well as posting notice on its electronic bulletin board.
The New Affiliate Boards shall be comprised of directors designated by the Reorganized Stone Board.

New Affiliate. Any Affiliate of any of the Loan Parties formed/established hereafter which becomes the owner or operator of Buffalo Wild Wings Restaurant or a Bagger Dave’s Legendary Burger Tavern Restaurant and as defined in Section 9.1(vi) of this Agreement.

New Affiliate means a person who becomes an Affiliate during the Recognition Transitional Period under Rule 23.4.1(e);

New Affiliate has the meaning set forth in Section 2.12.2 (New Affiliate Exception).

New Affiliate means any Affiliate acquired by Pacer or any of its Affiliates after December 31, 1998.

New Affiliate has the meaning set forth in Section 2.8.4.2 hereof.

New Affiliate has the meaning set forth in Section 4.5.3 (Change of Control Exception).

New Affiliate has the meaning set forth in Section 2.4(b)(ii).