OEM Affiliate definition

OEM Affiliate shall refer to all OEM Partner employees, agents, contractors, representatives, distributors, joint venture partners, subsidiaries (whether partially or wholly owned), and all other persons or entities working for, through or on behalf of OEM Partner.
OEM Affiliate means any company or partnership in which an OEM now or hereafter (a) owns or (b) controls, directly or indirectly, more than fifty percent (50%) of the ownership interest having the right to vote or appoint its directors or functional equivalents (for the purpose of this definition);

Examples of OEM Affiliate in a sentence

  • Accordingly, where Affiliates of the parties conduct business hereunder, references to OEM herein shall include any applicable OEM Affiliate, and references to Elastic herein shall include any applicable Elastic Affiliate.

  • Immediately upon the execution of a sublicense by OEM Partner, OEM Partner shall assign a license number to that sublicense, and shall notify SalesLogix of the license number, and installation date in the next Quarterly Report delivered pursuant to Section 4.3. OEM Affiliates shall do the same, reporting the information to OEM Partner, who shall report it to SalesLogix in the next Quarterly Report to be issued after receipt of the information from the OEM Affiliate.

  • No Restricted Transaction pursuant to any of clauses (2)-(5) of the definition of Restricted Transaction with respect to any Affiliate of Buyer that is not an OEM Affiliate, or successor to, or Affiliate of any successor to, any of the foregoing may occur without the prior written consent of Seller, which consent may not be unreasonably withheld or delayed.

  • The license granted to Buyer under Section 5.21(a) may be terminated by Seller immediately upon written notice to Buyer upon the occurrence of any Restricted Transaction pursuant to any of clauses (2)-(5) of the definition of Restricted Transaction with respect to any Affiliate of Buyer that is not an OEM Affiliate, or successor to, or Affiliate of any successor to, any of the foregoing to which Seller has not so consented.