Parent company affiliate definition

Parent company affiliate. ’ means any
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Parent company affiliate means any affiliate of the parent company other than the CIDI and subsidiaries of the CIDI.
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Parent company affiliate means, at any time, any corporation or entity which at such time owns, directly or indirectly (through one or more subsidiaries), twenty-five percent (25%) or more of the issued and outstanding shares of the Parent Company Common Stock. As of the date of this Agreement, the only Parent Company Affiliate is CPS.
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Examples of Parent company affiliate in a sentence

  • The Group Companies service, administer, and collect the receivables on behalf of the Parent company affiliate.

  • The Group Companies lease vehicles under various master lease agreements that were entered into by a Parent company affiliate and third party leasing companies for the benefit of the Parent’s affiliated operating units.

  • The Group Companies have entered into an accounts receivable factoring agreement whereby all trade accounts receivable and retainage receivables that have been invoiced and are outstanding at the end of each month are sold without recourse to a Parent company affiliate at book value less a 2.26% factoring fee.

  • The terms and pricing of these transactions with operating affiliates are believed to approximate market value.The Group Companies have entered into an accounts receivable factoring agreement whereby all trade accounts receivable and retainage receivables that have been invoiced and are outstanding at the end of each month are sold without recourse to a Parent company affiliate at book value less a 2.26% factoring fee.

  • In a multi-tiered holding com- pany structure, parent company means the top-tier of the multi-tiered holding company only.(10) Parent company affiliate means any affiliate of the parent company other than the CIDI and subsidiaries of the CIDI.

Related to Parent company affiliate

  • Company Affiliate means any entity controlled by, in control of, or under common control with, the Company.

  • BNY Affiliate means any office, branch or subsidiary of The Bank of New York Company, Inc.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • BHC Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. §1841(k).

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Controlling Affiliate means an Affiliate that directly or indirectly Controls the Hotel and/or Controls the entity that Controls the Hotel.

  • Parent Affiliate means any Person under common control with any of the Parent Entities within the meaning of Section 414(b), Section 414(c), Section 414(m) or Section 414(o) of the Code, and the regulations issued thereunder.

  • affiliated person promoter" and "principal underwriter" as used in the preceding sentence shall have the meanings assigned to each such term in the Investment Company Act of 1940, as amended.

  • Affiliate means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.

  • Affiliated Corporation means any corporation that is either a parent corporation with respect to the Company or a subsidiary corporation with respect to the Company (within the meaning of Sections 424(e) and (f), respectively, of the Internal Revenue Code).

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Client company means any person that enters into an agreement for professional employer services

  • Restricted Entity means any "employee benefit plan" as defined in and subject to ERISA, any "plan" as defined in and subject to Section 4975 of the Code, or any entity any portion or all of the assets of which are deemed pursuant to United States Department of Labor Regulation Section 2510.3-101 or otherwise pursuant to ERISA or the Code to be, for any purpose of ERISA or Section 4975 of the Code, assets of any such "employee benefit plan" or "plan" that invests in such entity.

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • U.S. Affiliate means the U.S. registered broker-dealer affiliate of an Underwriter;

  • Company Group Member means each member of the Company Group.

  • Parent Corporation means any present or future “parent corporation” of the Company, as defined in Section 424(e) of the Code.

  • Competitor means any individual, corporation, partnership or other entity that engages in (or that owns a significant interest in any corporation, partnership or other entity that engages in) any business conducted by the Company or any of its Affiliates.

  • Related Entity as used in this Invention and Patent Rights Article means a contractor, subcontractor, grantee, or other entity having a legal relationship with NASA or Partner assigned, tasked, or contracted with to perform activities under this Agreement.