related undertaking means any undertaking in which any person has a
related undertaking means any undertaking having a participating interest in the Licensee or any undertaking in which the Licensee has a participating interest;
related undertaking in relation to any person means any undertaking in
Examples of related undertaking in a sentence
Undertaking Each party shall procure that each of its Affiliates and Related Undertakings complies with the restrictions in Clauses 22.1 to 22.3 as if in each Clause there was substituted for the name of the party the name of the Affiliate or Related Undertaking.
Undertaking Each party shall procure that each of its Affiliates and Related Undertakings complies with the restrictions in Clauses 20.1 to 20.5 as if in each Clause there was substituted for the name of the party the name of the Affiliate or Related Undertaking.
More Definitions of related undertaking
related undertaking means any undertaking over which the concessionaire can exert a dominant influence, whether directly or indirectly, or any undertaking which can exert a dominant influence on the concessionaire or which, as the concessionaire, is subject to the dominant influence of another undertaking as a result of ownership, financial participation or the rules which govern it. A dominant influence on the part of an undertaking is presumed when, directly or indirectly in relation to another undertaking, it:
related undertaking in relation to any person means any undertaking in which such person has a participating interest;
related undertaking in relation to the licensee means any undertaking in which the licensee has a participating interest.
related undertaking means either a subsidiary or other undertaking in which a participation is held, or an undertaking linked with another undertaking by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC;
related undertaking means any undertaking over which the successful tenderer can exert a dominant influence, whether directly or indirectly, or any undertaking which can exert a dominant influence on the successful tenderer or which, as the successful tenderer, is subject to the dominant influence of another undertaking as a result of ownership, financial participation or the rules which govern it. A dominant influence on the part of the undertaking is presumed when, directly or indirectly in relation to another undertaking, it:
related undertaking means any undertaking in respect of which the Licensee, the Developer Shareholder and/or any of their Affiliates (whether alone or together with other Affiliates) has (i) a participating interest, amounting to thirty percent (30%) or more of such undertaking's equity share capital, or (ii) has the right to appoint a majority of the directors to that undertaking;
related undertaking means affiliated undertakings, within the meaning of Article 41 of the Seventh Council Directive 83/349/EEC of 13 June 1983 based on Article 44(2)(g) (*) of the Treaty on consolidated accounts (2), and/or associated undertakings, within the meaning of Article 33(1) thereof, and/or undertakings which belong to the same shareholders;