Related Party Relationship definition

Related Party Relationship refers to Party B’s related party relationship with Party A arising out of the fact that Party B owns an equity interest in Party A (or holds the post of the Deputy General Manager of Party A); “Relationship Period” refers to the ongoing period during which Party B maintains a Related Party Relationship with Party A. The Relationship Period shall be the longer of Party B’s period of shareholding and the Term of Employment (if applicable).
Related Party Relationship means the relation between the controlling shareholder, de facto controller, directors, supervisors, members of the senior management of the Bank and the enterprises under their direct or indirect control, and any other relationships that may lead to the transfer of interest of the Bank, provided however that there should be no related party relationship between state-controlled enterprises solely because they are under the common control of the State.
Related Party Relationship means parties who are considered to be related at any time during the reporting period one party has the ability to control the other party or exercise significant influence over the other party in making financial and/ or operating decisions;

Examples of Related Party Relationship in a sentence

  • Ongoing Contractual or Other Commitments Resulting from the Related Party Relationship There are no ongoing contractual or other commitments resulting from the Company's transactions with HDSI, other than the payment for services already rendered and billed.

  • Related Party Relationship with the Group China Man-Made Fiber CorporationParent company of the BankHsu Tian Investment Co., Ltd.Legal director of the BankPan Asia Chemical Co., Ltd.

  • Saved as disclosed above, no related party transactions set out in “Notes to Consolidated Financial Statements – Related Party Relationship and Transactions” comply with the definition of “connected transactions” or “continuing connected transaction” in Chapter 14A of the Hong Kong Listing Rules and the Company confirms that it has complied with the disclosure requirements under Chapter 14A of the Hong Kong Listing Rules.

  • Note : Related Party Relationship is as identified by the Company and relied upon by the Auditors.

  • Related party disclosure : Related Party Relationship Nature of Value Amount outstanding transaction (Amount Rs.) Receivable/PayableMr. Kundan Lal Bhatia Key Management Remuneration, LTC, 26,40,723.00 Cr. 4,69,940.00Person Perquisites, E.

  • Related parties with which Energy Marketing transacts are as follows: Related Party Relationship Nalcor 100% shareholder of Energy Marketing Hydro 100% owned subsidiary of Nalcor Routine operating transactions with related parties are settled at prevailing market prices under normal trade terms.

  • The significant transactions and relationship with related parties (in addition to those disclosed in other notes) are summarized below: Related Party Relationship with the Bank and Its Subsidiaries China Development Financial Holding CorporationParent companyCDIB Capital Group and its subsidiariesSubsidiary of the parent companyKGI Securities Co., Ltd.

  • The following amounts were outstanding at the date of the consolidated statements of financial position: Related Party Relationship Type of Transaction The amounts outstanding are unsecured and no guarantees have been given or received.

  • The following amounts were outstanding at the date of the consolidated statements of financial position: Related Party Relationship Type of Transaction Related Party Relationship Type of Transaction Refer to Note 2 for related party transaction related to the Warrant liabilities.

  • Details of related party transactions entered into by the Company as of June 30, 2022 are set out in “Notes to Consolidated Financial Statements – Related Party Relationship and Transactions”.


More Definitions of Related Party Relationship

Related Party Relationship means the relationship between an entity with its controlling shareholder, ultimate controlling person, directors, supervisor, senior manager, and any entity directly or indirectly controlled by the above controlling shareholder, ultimate controlling person, directors, supervisor and senior management, as well as other relationships that may lead to the transfer of the entity’s interests.
Related Party Relationship means the relationship between the controlling shareholders, de facto controllers, directors, supervisors, senior management personnel of the Bank and the enterprises under their direct or indirect control, and other relationships which may result in transfer of the interests of the Bank, provided however that related party relationships shall not be considered to be in existence between state-controlled enterprises solely because they are under the common control of the State.
Related Party Relationship refers to Party B’s related party relationship to Party A arising out of the fact that Party B owns a share interest in Party A (or holds the post of the Deputy General Manager of Party A); “Relationship Period” refers to the ongoing period during which Party B maintains a Related Party Relationship with Party A. The Relationship Period shall be the longer of Party B’s period of shareholding and the Term of Employment (if applicable). Non-Compete Territory The Parties hereby agree that, in accordance with the intent of the Agreement, the “Non-Compete Territory” shall refer to the entire world including, but not limited to, the British Virgin Islands, the British Cayman Islands, the People’s Republic of China (including the Special Administrative Region of Hong Kong, the Special Administrative Region of Macau, and the territory of Taiwan, hereinafter referred as “China”), and any other countries and territories in the world where Party A is currently developing or may develop business in the future. Non-Compete Obligations Without the prior written approval of Party A, Party B warrants that, within the Non-Compete Period and the Non-Compete Territory, he shall not individually or in conjunction with a Related Party:

Related to Related Party Relationship

  • Dating relationship means a social relationship of a romantic nature. Factors that the court may consider in making this determination include: (a) The length of time the relationship has existed; (b) the nature of the relationship; and (c) the frequency of interaction between the parties.

  • Relationship means any interest, service, employment, gift, or other benefit or relationship with an entity that would be prohibited by Title 5, Subtitle 5 of the State's Public Ethics Law if not disclosed and approved pursuant to this Policy and procedures adopted pursuant to it. "Relationship" includes any relationship of the spouse or other relative of an officer or employee if such relationship creates restrictions on the officer or employee under the conflict of interest provisions of the Ethics Law.

  • Federally related transaction means any real estate related

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.