Common use of Affiliate Definition Clause in Contracts

Affiliate Definition. As used in this Agreement, the term “affiliate,” as used with respect to a particular person or entity, shall mean any other person or entity that owns or controls, is owned or controlled by, or is under common ownership or control with, such particular person or entity.

Appears in 4 contracts

Samples: Confirming Release Agreement (Talos Energy Inc.), Separation Agreement And (Enviva Partners, LP), Separation And (Talos Energy Inc.)

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Affiliate Definition. As used in For purposes of this Agreement, the term “affiliate,Affiliateas used means, with respect to a particular person or entityParty, shall mean any other person or entity that owns or controlscontrols such Party, is owned or controlled by, by such Party or is under common ownership or control with, with such particular person or entityParty.

Appears in 2 contracts

Samples: Call Center Services (Startek Inc), Services Agreement (Startek Inc)

Affiliate Definition. As used in For purposes of this AgreementSection, the term an affiliate,Affiliateas used with respect to a particular person or entity, shall mean any other person or of Tenant is an entity that owns or controls, is owned or controlled by, by or is under common control with Tenant and “control” means the power to (directly or indirectly) elect or appoint the officers, managers or other individuals who hold the authority to make the managerial decisions on behalf of the entity (or the majority of any board that will elect or appoint such individuals). Control of an entity shall be presumed in the case of the ownership (direct or control with, such particular person or indirect) of a majority of the equity interest in an entity.

Appears in 2 contracts

Samples: Lease (Asbury Automotive Group Inc), Lease (Asbury Automotive Group Inc)

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Affiliate Definition. As used in this Agreement, the term “affiliate,Affiliatesas used means, with respect to a particular person Party, any corporation, firm, partnership, or entity, shall mean any other person or entity that owns or controls, is owned or controlled by, by or is under common control with such Party. For purposes of this definition, “control” and “controlled” means the power to direct or cause the direction of management and policies, whether through ownership of voting securities, by contract or control with, such particular person or entityotherwise.

Appears in 1 contract

Samples: Confidentiality Agreement

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