Community or broad-based enterprise means an enterprise that has an empowerment shareholder who represents a broad base of members such as a local community or where the benefits support a target group, for example black women, people living with disabilities, the youth and workers. Shares are held via direct equity, non-profit organisations and trusts.
Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.
Manager-managed limited liability company means a limited liability company that is managed by
Converted entity means the converting entity as it continues in existence after a conversion.
Controlled Group of Corporations has the meaning set forth in Code Section 1563.
Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.
Parent organization means the entity named in Item I. of the Policy Declarations.
mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;
Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;
Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when