SAP Affiliate definition

SAP Affiliate means any legal entity in which SAP SE, directly or indirectly, holds more than fifty percent (50%) of the shares or voting rights. Any such legal entity shall be considered an Affiliate for only such time as such interest is maintained.
SAP Affiliate means any corporation or other entity directly or indirectly “controlled” by SAP where “control” means the ownership of 50% or more of the ownership interests of such corporation or other entity (by vote or value) or the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such corporation or other entity, but at all times excluding Qualtrics or any Qualtrics Affiliate.
SAP Affiliate means any legal entity that is affiliated with another company within the meaning of the German Stock Corporation Act (AktG), section 15.

Examples of SAP Affiliate in a sentence

  • The ownership of Modifications, and any Intellectual Property Rights embodied therein, shall vest in SAP, SAP SE or the applicable SAP Affiliate.

  • The ownership of Modifications, and any Intellectual Property Rights embodied therein, shall vest in SAP, SAP AG or the applicable SAP Affiliate.

  • Licensee under this Agreement for Services may be an authorized Affiliate or subsidiary that has a right to use the SAP Software or SAP Cloud Services under a License Agreement or order form between SAP (or an SAP Affiliate, or an authorized reseller of SAP SE or an SAP Affiliate) and Licensee’s parent company.

  • Licensee under an Agreement for Services may be an authorized Affiliate or subsidiary that has a right to use the SAP Software or SAP Cloud Services under a License Agreement or order form between SAP (or an SAP Affiliate, or an authorized reseller of SAP SE or an SAP Affiliate) and Licensee’s parent company.

  • Provider agrees that SAP may assign this Agreement to an SAP Affiliate without any additional permition by Provider.

  • In the event of a Distribution, SAP agrees that it will not take or fail to take, or permit any SAP Affiliate to take or fail to take, any action where such action or failure to act would be inconsistent with any material, information, covenant or representation that relates to facts or matters related to SAP (or any SAP Affiliate) or within the control of SAP and is contained in the Tax Opinion Documents or any Ruling Documents.

  • In the case of a Deconsolidation Event, SAP shall determine the allocation of any Tax Attributes among SAP, each SAP Affiliate, Qualtrics, and each Qualtrics Affiliate with respect to applicable Combined Returns.

  • This Agreement contains the entire agreement among the Parties hereto with respect to the subject matter hereof and supersedes any prior tax sharing agreements between SAP (or any SAP Affiliate) and Qualtrics (or any Qualtrics Affiliate) and such prior tax sharing agreements shall have no further force and effect.

  • Nothing in this Agreement shall be construed as a guarantee of the existence or amount of any loss, credit, carryforward, basis or other Tax Item, whether past, present or future, of SAP, any SAP Affiliate, Qualtrics or any Qualtrics Affiliate.

  • Notices, offers, requests or other communications required or permitted to be given by either Party pursuant to the terms of this Agreement shall be given in writing to the respective Parties at the following addresses: If to SAP or any SAP Affiliate, to: SAP SE ▇▇▇▇▇▇▇-▇▇▇▇-▇▇▇▇▇ 16 Germany – 69190 Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ E-mail: with a copy to: SAP America, Inc.


More Definitions of SAP Affiliate

SAP Affiliate means any legal entity that is affiliated with another company within the meaning of “Affiliate” defined herein.
SAP Affiliate means any legal entity that is affiliated with SAP SE company “SAP Interface” means any application interface developed by or with SAP or any SAP Affiliate that resides on or in the SAP Software and which, when activated by the Provider’s software or tools, will give access to the SAP Software.
SAP Affiliate means any legal entity in which SAP SE, directly or indirectly, holds more than fifty percent (50%) of the shares or voting rights. Any such legal entity shall be considered an Affiliate for only such time as such interest is maintained. 「SAP 關係企業」係指 SAP SE 直接或間接持有百分之五十 (50%) 以上股份或表決權之任何法律實體。上述任何法律實體僅在維持上述利益期間內方視為關係企業。 “SAP Interface” means any application interface developed by or with SAP or any SAP Affiliate that resides on or in the Software and which, when activated by the Provider’s software or tools, will give access to the Software. 「SAP 介面」係指由或連同 SAP 或 SAP 關係企業所開發、位於軟體之上或之內,且由提供商之軟體或工具激活後將存取軟體的任何應用程式介面。