Significant Affiliate definition

Significant Affiliate means each Person (i) in which KPP's direct and indirect Investments in such Person constitute more than 10% of the total assets of KPP and its consolidated Subsidiaries, (ii) in which KPP's and its Subsidiaries' share of the total assets (after intercompany eliminations) of such Person exceed 10% of the total assets of KPP and its consolidated Subsidiaries, or (iii) in which the equity of KPP and its Subsidiaries in the income from continuing operations of such Person before income taxes, extraordinary items and cumulative effects of changes in accounting principles exceeds 10% of such income of KPP and its consolidated Subsidiaries.

Significant Affiliate means each Person (a) in which the Borrower's direct and indirect Equity Interests in such Person and the Borrower's and its Subsidiaries' advances to such Person constitute more than 10% of the total assets of the Borrower and its consolidated Subsidiaries, (b) in which the Borrower's and its Subsidiaries' share of the total assets (after intercompany eliminations) of such Person exceed 10% of the total assets of the Borrower and its consolidated Subsidiaries, or (c) in which the equity of the Borrower and its Subsidiaries in the income from continuing operations of such Person before income taxes, extraordinary items and cumulative effects of changes in accounting principles exceed 10% of such income of the Borrower and its consolidated Subsidiaries.

Significant Affiliate means Birmingham Cable and Cable London; and

Examples of Significant Affiliate in a sentence

• Schedule 4.15 sets forth the name of, the ownership interest of KPP in, the jurisdiction of incorporation of, and the type of, each Subsidiary of KPP and each Significant Affiliate and identifies each Subsidiary of KPP and each Significant Affiliate that is a Guarantor, in each case, as of the date hereof.

• Section 3.1(b) of the Partners Disclosure Schedule sets forth all the subsidiaries of Partners which as of the date of this Agreement are Significant Subsidiaries (as defined in Rule 1-02 of Regulation S-X of the SEC) and each Significant Affiliate (as defined herein) and the ownership interest of Partners in such entity.

• Since the Annual Financial Statement Date, there has been no material adverse change in the consolidated business, operations or financial condition of Seller, Guarantor or any Significant Affiliate from that set forth in said Financial Statements nor is Seller, Guarantor or any Significant Affiliate aware of any state of facts which (without notice or the lapse of time) would or could be reasonably likely to result in any such material adverse change or could have a Material Adverse Effect.

• The Rights are to be issued pursuant to a Rights Agreement (the "Rights Agreement") dated as of August 6, 2001 between the Company and American Stock Transfer & Trust Company.

• Seller, Guarantor or any Significant Affiliate thereof shall become the subject of a cease and desist order of any Governmental Authority or enter into a memorandum of understanding or consent agreement with the Governmental Authority, any of which, would have, or is purportedly the result of any condition which would be reasonably likely to have, a Material Adverse Effect.

More Definitions of Significant Affiliate

Significant Affiliate means any affiliate of Unity which has a GAAP net worth as of the most recent quarter greater than or equal to $12 million or a Health Maintenance Organization affiliate of Unity which has a GAAP net worth as of the most recent quarter greater than or equal to $5 million.

Significant Affiliate means an Affiliate of Guarantor other than an Excluded Affiliate (such Affiliate, the “Target Affiliate”) which meets any of the following conditions:

Significant Affiliate means (i) any corporation or holding company or similar entity which after the date hereof owns or controls the majority of the outstanding voting securities of the Distributor, or (ii) any Affiliate of the Distributor which is a subsidiary of the Parent if the Parent's beneficial interest in the total assets of such subsidiary is equal to or greater than ten percent (10%) of the total assets of the Parent, and in any event shall include the Parent, the Advisor and any Transfer Agent which is a Sponsor Entity.

Significant Affiliate means each Subsidiary or other Affiliate of the Company (i) in which the Company’s direct and indirect equity in the assets of which represents at least 10% of the consolidated assets of the Company and its subsidiaries or (ii) in which the Company’s direct and indirect equity in the EBITDA from which exceeds 10% of the EBITDA of the Company and its consolidated subsidiaries (measured in each case on a pro forma basis for the most recently completed fiscal year).

Significant Affiliate means, with respect to a Person, an Affiliate of such Person which is a reporting company under the Securities Exchange Act of 1934 and of which such Person is the holder of 5% or more of its outstanding voting common equity securities.

Significant Affiliate means (i) any corporation or holding company or similar entity which after the date hereof owns or controls the majority of the outstanding voting securities of the Distributor, or (ii) any Affiliate of the Distributor which is a subsidiary of the Parent if the Parent's beneficial interest in the total assets of such subsidiary is equal to or greater than ten percent (10%) of the total assets of the Parent, and in any event shall include the Parent, the Program Servicer Agent, the Advisor and any Transfer Agent which is a Sponsor Entity.

Significant Affiliate means any Affiliate of Spinco (other than any individual) which, at the time a Financial Default occurs, has assets aggregating 10% or more of the consolidated assets of Spinco and its Affiliates (other than any individual) at that time, taken as a whole.