Commonly Controlled Entity. The term "Commonly Controlled Entity" shall mean an entity, whether or not incorporated, which is under common control with Borrower within the meaning of Section 414(b) or (c) of the Code.
Appears in 9 contracts
Samples: Loan and Security Agreement (Stewart Finance Co), Loan and Security Agreement (Smart Choice Automotive Group Inc), Loan and Security Agreement (Smart Choice Automotive Group Inc)
Commonly Controlled Entity. The term "“Commonly Controlled Entity" ” shall mean an entity, whether or not incorporated, which is under common control with Borrower any Related Party or Validity Guarantor within the meaning of Section 414(b) or (c) of the Code.
Appears in 5 contracts
Samples: Loan and Security Agreement (Carbiz Inc), Loan and Security Agreement (Carbiz Inc), Loan and Security Agreement (Carbiz Inc)
Commonly Controlled Entity. The term "“Commonly Controlled Entity" ” shall mean an entity, whether or not incorporated, which is under common control with Borrower any Related Party within the meaning of Section 414(b) or (c) of the Code.
Appears in 2 contracts
Samples: Loan and Security Agreement (Manchester Inc), Loan and Security Agreement (Manchester Inc)
Commonly Controlled Entity. The term "Commonly Controlled Entity" shall mean an entity, whether or not incorporated, which is under common control with Borrower or Guarantor within the meaning of Section 414(b) or (c) of the Code.
Appears in 1 contract
Samples: Loan and Security Agreement (Portfolio Recovery Associates Inc)
