Examples of Relevant Enterprise in a sentence
Indemnitee agrees to serve as a director, officer, employee and/or agent of the Company and/or any of its subsidiaries, as the case may be, and may serve, at the request of the Company, as a director, officer, employee and/or agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise (a "Relevant Enterprise").
The foregoing notwithstanding, subject to Section 12 hereof, this Agreement shall continue in force after Indemnitee has ceased to serve as a director, officer, employee and/or agent, as the case may be, of the Company and its subsidiaries or of a Relevant Enterprise.
Indemnitee agrees to serve as a director, officer, employee and/or agent of the Company and/or any of its subsidiaries, as the case may be, and may serve as a director, officer, employee and/or agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise at the request of the Company (a "Relevant Enterprise" and, together with the Company and the Company's subsidiaries, the "Company Entities").
The foregoing notwithstanding, this Agreement shall continue in force after Indemnitee has ceased to serve as a director, officer, employee and/or agent, as the case may be, of the Company and its subsidiaries or of a Relevant Enterprise.
Indemnitee agrees to serve as a director, officer, employee and/or agent of the Company and/or any of its subsidiaries and may serve, at the request of the Company or LII, as a director, officer, employee and/or agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise (a "Relevant Enterprise").
In addition and without prejudice to the Recipient’s obligations under Clause 8.2, unless otherwise notified by the Authority, the Recipient shall not: accept the GLA Funding acting in the capacity of a Relevant Enterprise; nor disburse the GLA Funding to a Relevant Enterprise, where such Assistance has a monetary (or equivalent) value exceeding the Subsidy Control Threshold.
If we, acting on the direction of the Fund, direct you to do so you shall complete a De Minimis Disclosure Form in respect of any portion of the grant utilised by the you that the Fund considers to be Relevant Aid to the Recipient as a Relevant Enterprise and you shall fully cooperate with us and the Fund in utilising the Block Exemptions or any other applicable exemption or European Commission notification and approval procedure to comply with State Aid rules.
The thresholds are: for the “turnover test” the Relevant Enterprise’s annual UK turnover is more than £1m and for the “share of supply test” the share of supply of purchase of the Relevant Enterprise that is being merged or acquired is at least 25% in a substantial part of the United Kingdom (whether or not this is increased by the merger).
The purpose of the lower thresholds is to enable government intervention on public interest national security grounds in transactions concerning Relevant Enterprises (NB: the Relevant Enterprise thresholds do also apply in respect of the CMA’s jurisdiction to review a transaction from a competition law perspective).
SCHEDULE 1 TERMS OF ENTERPRISE LOANS Borrower: Relevant Enterprise Company.