Summit Affiliate definition

Summit Affiliate means: (a) the limited partners of or other investors in Summit, (b) Northwest Power Management or other funds affiliated with Northwest Power Management, or (c) Xxxxxx Xxxxxxxx or funds affiliated with or managed by Xx. Xxxxxxxx;
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Summit Affiliate means any entity that controls or is controlled by Summit, with "control" meaning the ownership of 50% or more of the voting securities in such entity. Executive acknowledges that the above-described knowledge or information constitutes a unique and valuable asset of Summit and of the respective Summit Affiliates and represents a substantial investment of time and expense by Summit and the Summit Affiliates and that any disclosure or other use of such knowledge or information other than for the sole benefit of Summit or of any Summit Affiliate would be wrongful and would cause irreparable harm to Summit or such Summit Affiliate. Both during and after the term of this Agreement, Executive shall not intentionally act in any manner that is reasonably likely to reduce the value of such knowledge or information to Summit or any Summit Affiliate. The foregoing obligations of confidentiality shall not apply to any knowledge or information that (a) is at the time acquired by Executive, or thereafter becomes, a part of the public domain other than through the act or omission of Executive, (b) is provided by Summit or any Summit Affiliate to a third party without any obligation of confidentiality, or (c) is required by law to be disclosed.
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Summit Affiliate means any entity that controls or is controlled by Summit, with "control" meaning the ownership of 50% or more of the voting securities in such entity. Consultant acknowledges that the above-described knowledge or information constitutes a unique and valuable asset of Summit and of the respective Summit Affiliates and represents a substantial investment of time and expense by Summit and Summit Affiliates and that any disclosure or other use of such knowledge or information other than for the sole benefit of Summit or of any Summit Affiliate would be wrongful and would cause irreparable harm to Summit or such Summit Affiliate. Both during and after the term of this Agreement, Consultant shall not intentionally act in any manner that is reasonably likely to reduce the value of such knowledge or information to Summit or any Summit Affiliate. The foregoing obligations of confidentiality shall not apply -45- to any knowledge or information that (a) is at the time acquired by Consultant, or thereafter becomes, a part of the public domain other than through the act or omission of Consultant, (b) is provided by Summit or any Summit Affiliate to a third party without any obligation of confidentiality, or (c) is required by law to be disclosed.
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Examples of Summit Affiliate in a sentence

  • As used herein, "Summit Affiliate" shall mean any entity that controls or is controlled by Summit, with "control" meaning the ownership of 50% or more of the voting securities in such entity.

  • The obligations of ----------------------------- Executive under Section 8.1 shall apply to all markets, domestic or foreign, in which Summit or any Summit Affiliate has engaged in business during the term of this Agreement or any extensions thereof, through production, promotional sales or marketing activities or has otherwise established substantial goodwill, business reputation or any customer or supplier relationships.

  • Executive acknowledges that the above-described knowledge or information constitutes a unique and valuable asset of Summit and of the respective Summit Affiliates and represents a substantial investment of time and expense by Summit and the Summit Affiliates and that any disclosure or other use of such knowledge or information other than for the sole benefit of Summit or of any Summit Affiliate would be wrongful and would cause irreparable harm to Summit or such Summit Affiliate.

  • The foregoing obligations of confidentiality shall not apply to any knowledge or information that (a) is at the time acquired by Executive, or thereafter becomes, a part of the public domain other than through the act or omission of Executive, (b) is provided by Summit or any Summit Affiliate to a third party without any obligation of confidentiality, or (c) is required by law to be disclosed.

  • Both during and after the term of this Agreement, Executive shall not intentionally act in any manner that is reasonably likely to reduce the value of such knowledge or information to Summit or any Summit Affiliate.

  • Both during and after the term of this Agreement, Consultant shall not intentionally act in any manner that is reasonably likely to reduce the value of such knowledge or information to Summit or any Summit Affiliate.

  • Consultant acknowledges that the above-described knowledge or information constitutes a unique and valuable asset of Summit and of the respective Summit Affiliates and represents a substantial investment of time and expense by Summit and Summit Affiliates and that any disclosure or other use of such knowledge or information other than for the sole benefit of Summit or of any Summit Affiliate would be wrongful and would cause irreparable harm to Summit or such Summit Affiliate.

  • The foregoing obligations of confidentiality shall not apply to any knowledge or information that (a) is at the time acquired by Consultant, or thereafter becomes, a part of the public domain other than through the act or omission of Consultant, (b) is provided by Summit or any Summit Affiliate to a third party without any obligation of confidentiality, or (c) is required by law to be disclosed.

  • The foregoing obligations of confidentiality shall not apply -45- to any knowledge or information that (a) is at the time acquired by Consultant, or thereafter becomes, a part of the public domain other than through the act or omission of Consultant, (b) is provided by Summit or any Summit Affiliate to a third party without any obligation of confidentiality, or (c) is required by law to be disclosed.

  • This Agreement shall in no way restrict the right of the Company or ------- Summit Affiliate to terminate Employee's employment at any time.

Related to Summit Affiliate

  • Parent Affiliate means any Person under common control with any of the Parent Entities within the meaning of Section 414(b), Section 414(c), Section 414(m) or Section 414(o) of the Code, and the regulations issued thereunder.

  • Investment Affiliate means any Person in which the Consolidated Group, directly or indirectly, has a ten percent (10%) or greater ownership interest, whose financial results are not consolidated under GAAP with the financial results of the Consolidated Group.

  • Control Investment Affiliate as to any Person, any other Person that (a) directly or indirectly, is in control of, is controlled by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

  • BHC Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. §1841(k).

  • Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Non-Affiliate means, for any specified Person, any other Person that is not an Affiliate of the specified Person.

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.

  • Tenant Affiliate means and refer to any partnership, limited liability company, or corporation or other entity, which, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, Tenant.

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.

  • Controlled Affiliates means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, has Majority Control of or is Majority Controlled by or is under common Majority Control with the Person specified.

  • Wholly-Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.

  • BHC Act Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. § 1841(k).

  • Affiliate means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person, as such terms are used in and construed under Rule 405 under the Securities Act.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Excluded Affiliate means any Affiliate of any Agent that is engaged as a principal primarily in private equity, mezzanine financing or venture capital.

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Agent Affiliates as defined in Section 10.1(b)(iii).

  • Qualified Affiliate means an Affiliate of a Lender who has executed and delivered to the Administrative Agent an instrument of adhesion in the form set forth in Schedule J.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.

  • Plan Affiliate means any other Person with whom the First Person constitutes or has constituted all or part of a controlled group, or which would be treated or have been treated with the First Person as under common control or whose employees would be or have been treated as employed by the First Person, under Section 414 of the Code or Section 4001(b) of ERISA and any regulations, administrative rulings and case law interpreting the foregoing.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;