Related Individual definition

Related Individual means an “individual“ related by blood, or by marriage or civil union (whether such status is derived by reason of statutory law, common law or otherwise of any applicable jurisdiction in the world) to another “individual”, including, without limitation, the “spouse” or former “spouse” of an insured, or the child, grandchild, parent, sibling, aunt, uncle, grandparent or cousin of an insured or an insured’s “spouse” or former “spouse”, and any trust or estate of which any of them is a beneficiary. With respect to any “entity insured”, "related individual" includes a "related individual" of each officer, director, shareholder, partner, member, employee or independent contractor of such “entity”.
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Related Individual means, in respect of a member of the First Nation,
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Related Individual means a spouse, domestic partner, parent, grandparent, sibling, child or grandchild, whether by blood or marriage, of a person whose license or authority to engage in the business or commercial activity has been suspended.
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Examples of Related Individual in a sentence

  • A Shareholder shall not be entitled to deliver a First Refusal Notice during the period from the date on which a Triggering Event with respect to such Shareholder, his Related Individual or any of his Related Shareholders has occurred or an event has occurred which, with notice or lapse of time or both, would constitute such a Triggering Event, in each case to the date which is 30 days thereafter.

  • The Other Shareholders agree to structure the purchase of the Unsold Shares in the most tax effective manner possible in the event of the death or Disability of a Shareholder or its Related Individual including purchasing the shares of the Defaulting Shareholder's holding company from his estate rather than the holding company's shares of the Corporation.

  • Each Shareholder and Related Individual acknowledges that a breach or threatened breach by such Shareholder or Related Individual of any provision of this Article Eleven may result in the Corporation and the other Shareholders suffering irreparable harm which cannot be calculated or fully or adequately compensated by recovery of damages alone.

  • Each Shareholder and Related Individual acknowledges and agrees that the obligations under this Section 11.01 are to remain in effect for three years from the date such Shareholder is separated from the Corporation or ceases to be a Shareholders, whichever is earlier.

  • Accordingly, each Shareholder and Related Individual agrees that the Corporation and any other Shareholder shall be entitled to seek interim and permanent injunctive relief, specific performance and other equitable remedies, in addition to any other relief to which the Corporation or any other Shareholder may become entitled.


More Definitions of Related Individual

Related Individual means, for any entity or trust, the natural person who initially transferred, assigned or otherwise granted to such entity or trust (i) Securities of the Company or (ii) securities of Booz ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Inc. that were exchanged for Securities of the Company.
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Related Individual means, (i) in relation to any Person that is an entity, any member of the entity’s board of directors, board of managers or similar governing body, any senior officer of such entity, and any holder of fifty percent (50%) or more of the ownership, beneficial, capital or profits or profits interests in such entity and (ii) in relation to any Person described in clause (i) who is a natural person, members of such Person’s Family. For these purposes, the “Family” of an individual includes (A) the individual, (B) the individual’s spouse, and (C) any other natural person who is related to the individual within the second degree.
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Related Individual means, where the Client is an entity, any employee, representative, shareholder, agent, contact person or individual related to the Client and whose personal data must be processed by the Bank in the context of these Terms.
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Related Individual or "related individuals" shall mean brothers, sisters, spouses, lineal descendants, spouses of lineal descendants, trustees for the benefit of any such persons, and corporations owned or controlled by any of the foregoing.
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Related Individual means, where the Participant is an entity, any employee, representative, shareholder, agent, contact person, client or other individual related to the Participant and whose personal data will be processed in the context of these Terms and Conditions;
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Related Individual means an individual:
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Related Individual means This definition is used in a number of exemptions from PTT that a First Nation may choose to provide in the law. If a First Nation chooses to not include these
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