Controlled Affiliate Sample Clauses

Controlled Affiliate. Any person or entity shall be deemed to be a “Controlled Affiliate” of Employer if Employer, whether directly or indirectly through common ownership or common management owns a majority ownership or majority voting interest in such entity and (i) maintains the power, right or authority to control, manage or direct such entity’s day-to-day operations, or (ii) maintains the power, right or authority to assign, or direct the assignment, or veto or block the assignment of Carhaul Work to such entity, or to prevent such entity from performing Carhaul Work.
AutoNDA by SimpleDocs
Controlled Affiliate. Controlled Affiliate" with respect to a Person shall mean any Affiliate of such Person that is controlled by such Person.
Controlled Affiliate. Controlled Affiliate" shall mean, with respect to any Person, any other Person more than fifty percent (50%) of the outstanding voting securities of which is beneficially owned, and any other Person which is actually controlled, directly or indirectly, by such Person or one or more of its Controlled Affiliates. For purposes of this Agreement, each of MW and Exxxxx-Xxxxxxx Xxxxxxxxx shall be deemed to be Controlled Affiliates of Shareholder.
Controlled Affiliate. Any person or entity shall be deemed to be a “Controlled Affiliate” of Ultimate Parent, Parent or Employer if Ultimate Parent, Parent or Employer, whether directly or indirectly through common ownership or common management owns a majority ownership or majority voting interest in such entity and (i) maintains the power, right or authority to control, manage or direct such entity’s day- to-day operations, or (ii) maintains the power, right or authority to assign, or direct the assignment, or veto or block the assignment of Carhaul Work to such entity, or to prevent such entity from performing Carhaul Work.
Controlled Affiliate. When used with reference to a specified Person, an Affiliate of such Person that such Person directly, or through one or more intermediaries, Controls; provided that, (a) none of United and its Controlled Affiliates shall be deemed to be a Controlled Affiliate of a Liberty Party and (b) any Person in which United, directly or indirectly, Beneficially Owns 50% or more of the equity securities, without regard to voting power in the election of directors, shall (without limiting the generality of this definition) be deemed to be a Controlled Affiliate of United. Controlling Principals. As defined in the Stockholders Agreement.
Controlled Affiliate. As used herein, the term "Controlled Affiliate" means, with respect to any Person, any (a) director, officer, limited or general partner, member or stockholder holding 5% or more of the outstanding capital stock or other equity interests of such Person, and (b) any other Person that, directly or indirectly, through one or more intermediaries, is controlled by such Person.
Controlled Affiliate. By: -------------------------------------------- Date: -------------------------------------- Plan: By: -------------------------------------------- Date: -------------------------------------- BLUE CROSS AND BLUE SHIELD ASSOCIATION By: -------------------------------------------- Date: -------------------------------------- EXHIBIT A CONTROLLED AFFILIATE LICENSE STANDARDS March 2001 PREAMBLE The standards for licensing Controlled Affiliates are established by BCBSA and are subject to change from time-to-time upon the affirmative vote of three-fourths (3/4) of the Plans and three-fourths (3/4) of the total weighted vote. Each licensed Plan is required to use a standard Controlled Affiliate license form provided by BCBSA and to cooperate fully in assuring that the licensed Controlled Affiliate maintains compliance with the license standards. The Controlled Affiliate License provides a flexible vehicle to accommodate the potential range of health and workers' compensation related products and services Plan Controlled Affiliates provide. The Controlled Affiliate License collapses former health Controlled Affiliate licenses (HCC, HMO, PPO, TPA, and IDS) into a single license using the following business-based criteria to provide a framework for license standards: o Percent of Controlled Affiliate controlled by parent: Greater than 50 percent or 50 percent? o Risk assumption: yes or no? o Medical care delivery: yes or no?
AutoNDA by SimpleDocs
Controlled Affiliate. A "Controlled Affiliate" of an Original -------------------- Investor shall mean any Person (i) which is Controlled by such Original Investor, (ii) which owns (directly or indirectly through one or more wholly owned subsidiaries) 100% of the outstanding capital stock of such Original Investor as of the date of
Controlled Affiliate. BC Life & Health Insurance Company ------------------------------------ BY: /s/ Xxxxxx Xxxxxxxx --------------------------------------------------------- DATE: 11/1/96 ------------------------------------------------------- PLAN: WellPoint Health Networks, Inc. ------------------------------------------------------- BY: /s/ Xxxxxxx Xxxxxxxxx --------------------------------------------------------- DATE: 11/1/96 ------------------------------------------------------- BLUE CROSS AND BLUE SHIELD ASSOCIATION EXHIBIT A CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES PREAMBLE The standards for licensing Life Insurance Companies (Life and Health Insurance companies, as defined by state statute) are established by BCBSA and are subject to change from time-to-time upon the affirmative vote of three-fourths (3/4) of the Plans and three-fourths (3/4) of the total weighted vote of all Plans. Each Licensed Plan is required to use a standard controlled affiliate license form provided by BCBSA and to cooperate fully in assuring that the licensed Life Insurance Company maintains compliance with the license standards. An organization meeting the following standards shall be eligible for a license to use the Licensed Marks within the service area of its sponsoring Licensed Plan to the extent and the manner authorized under the Controlled Affiliate License applicable to Life Insurance Companies and the principal License to the Plan.
Controlled Affiliate. Any Affiliate which, directly or indirectly, is controlled by a Party (where “controlled” has the meaning specified in Section 1.1).
Time is Money Join Law Insider Premium to draft better contracts faster.