Unrelated Entity definition

Unrelated Entity means an entity with respect to which 50% or more of such entity is not owned, directly or indirectly, by the Company, any subsidiary, the existing stockholders of the Company in approximately the same proportion as before the transaction or any employee benefit plan sponsored or maintained by the Company or any subsidiary (including any trustee of such plan acting as trustee); provided, however that no entity shall be an Unrelated Entity if Xxxxxxxx X. Xxxx (including any “person” controlled by Xxxxxxxx X. Xxxx (as defined in Rule 12b-2 under the Exchange Act)) owns more than 10% of such entity.
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Unrelated Entity shall have the meaning set forth in Section 9.2 of this Lease.
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Unrelated Entity means and refers to a person, corporation, limited liability company, partnership or other business entity or organization which is not a Tenant Affiliated Entity.
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Examples of Unrelated Entity in a sentence

  • If more than one City-based business bidder has submitted bids not more than ten (10) percent higher than the low bid and has agreed to accept the award of the bid at the amount of the low bid, the lowest responsible bidder shall be one of the City-based business bidders which has submitted the lowest bid.

  • In addition, in the event that all of the stock in Lifetime or all or substantially all of the assets of Lifetime are transferred to an Unrelated Person or Unrelated Entity, either party may terminate this Agreement within thirty (30) days of such transfer.

  • So long as the Qualified Unrelated Entity remains compliant with all covenants and responsibilities contained within this Agreement, Agency shall not unreasonably withhold the transfer of the benefit of this Agreement to such Qualified Unrelated Entity for the remainder of the Term of this Agreement.

  • In April 2002, the Emerging Issues Task Force (“EITF”) issued EITF 02-8, Accounting for Options Granted to Employees in Unrestricted, Publicly Traded Shares of an Unrelated Entity.

  • As a condition to granting such consent, the Board of Directors may require that the employee, officer or director request and obtain appropriate directors and officers liability insurance from the Unrelated Entity.

  • An Unrelated Entity is such if neither it nor Lifetime have a direct or indirect ownership interest in the other in excess of five percent (5%) and if there is no common ownership between such entity and Lifetime in excess of five percent (5%).


More Definitions of Unrelated Entity

Unrelated Entity means an entity (i) with respect to which 35% or more of such entity is not owned, directly or indirectly, by Steven S. Elbaum, Holdco, Essex, Alpine, any of their majority-ownxx xxxxxxxxxxxx or the holders of the outstanding voting securities of Alpine immediately prior to the time of the determination of whether there has occurred an Change in Control; or (ii) which is not an employee benefit plan (or related trust) of Essex, Holdco, Alpine or any of their majority-owned subsidiaries.
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Related to Unrelated Entity

  • Related Entity as used in this Invention and Patent Rights Article means a contractor, subcontractor, grantee, or other entity having a legal relationship with NASA or Partner assigned, tasked, or contracted with to perform activities under this Agreement.

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

  • Unrelated Person means any Person other than (i) a Subsidiary of Borrower or (ii) an employee stock ownership plan or other employee benefit plan covering the employees of Borrower and its Subsidiaries.

  • Regulated Entity means any entity referred to in Section I of Article L.613-34 of the French Code monétaire et financier as modified by the 20 August 2015 Decree Law, which includes certain credit institutions, investment firms, and certain of their parent or holding companies established in France.

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

  • Restricted Entity means any "employee benefit plan" as defined in and subject to ERISA, any "plan" as defined in and subject to Section 4975 of the Code, or any entity any portion or all of the assets of which are deemed pursuant to United States Department of Labor Regulation Section 2510.3-101 or otherwise pursuant to ERISA or the Code to be, for any purpose of ERISA or Section 4975 of the Code, assets of any such "employee benefit plan" or "plan" that invests in such entity.

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.

  • 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.

  • Designated Entity shall have the same meaning provided in the Operating Agreement. Direct Assignment Facilities:

  • Outside Entity means any:

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

  • 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.

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • 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.

  • 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.

  • Obligated Entity means a person or entity that sells electrical energy to end-use

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Entity means a corporation, partnership, limited liability company or other entity.

  • Unrelated (whether capitalized or not) means not “Related”, within the meaning of that term.

  • Related Corporation means any “parent corporation” or “subsidiary corporation” of the Company whether now or subsequently established, as those terms are defined in Sections 424(e) and (f), respectively, of the Code.

  • Inter-connected Entity means two or more companies having any of the following features:-

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

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • Associated Entity means an entity that is not part of the law practice but which provides legal or administrative services to a law practice, including but not limited to:

  • Substantial governmental relationship means the extent of a governmental relationship necessary under Ohio law to make an added guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from a clear commonality of interest in the event of an UST release such as conterminous boundaries, overlapping constituencies, common groundwater aquifer, or other relationship other than monetary compensation that provides a motivation for the guarantor to provide a guarantee.

  • Regulated Entities means to include the following: