Common use of CERTAIN SPECIFIC TERMS Clause in Contracts

CERTAIN SPECIFIC TERMS. In this Agreement: (a) the term "Affiliate" of a Person means a --------- Person controlling, under common control with or controlled by such Person; (b) the term "Person" means any individual, partnership, joint venture, corporation, ------ trust or incorporated organization or any other business entity, in each case whether acting in an individual, fiduciary or other capacity; (c) the term "Subsidiary" of a Person means a corporation as to which 50% or more of the ----------- outstanding voting stock is owned or controlled, directly or indirectly, by that Person.

Appears in 1 contract

Sources: Asset Purchase Agreement (Creative Computers Inc)

CERTAIN SPECIFIC TERMS. In this Agreement: : (a) the term "Affiliate" of a Person means a --------- Person controlling, under common control with or controlled by such Person; (b) the term "Person" means any individual, partnership, joint venture, corporation, ------ trust or incorporated organization or any other business entity, in each case whether acting in an individual, fiduciary or other capacity; (c) the term "Subsidiary" of a Person means a corporation as to which 50% or more of the ----------- outstanding voting stock is owned or controlled, directly or indirectly, by that Person.

Appears in 1 contract

Sources: Stock Purchase Agreement (Ross Technology Inc)