OPERATING AFFILIATES Sample Clauses

The OPERATING AFFILIATES clause defines the rights and obligations of entities affiliated with the primary contracting parties, allowing these affiliates to participate in or benefit from the agreement. Typically, this clause specifies which affiliates are covered, how they may exercise rights or perform obligations, and under what conditions they are included, such as subsidiaries or parent companies. Its core practical function is to extend the contract’s provisions to related entities, ensuring operational flexibility and clarity about who is bound by or can benefit from the agreement, thereby preventing disputes over the involvement of affiliates.
OPERATING AFFILIATES. Comcast Phone of Florida, LLC d/b/a Comcast Digital Phone Comcast Phone of Georgia, LLC Comcast Phone of Kentucky, LLC d/b/a Comcast Digital Phone
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OPERATING AFFILIATES. Comcast Phone of Alabama, LLC d/b/a Comcast Digital Phone Comcast Phone of Louisiana, LLC Comcast Phone of Mississippi, LLC Comcast Phone of North Carolina, LLC Comcast Phone of South Carolina, Inc Comcast Phone of Tennessee, LLC
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OPERATING AFFILIATES. A. An Airline that enters into an arrangement with a Signatory Airline (Airline) to provide passenger service on its behalf shall be considered an “Operating Affiliate”. An Operating Affiliate is defined as any air transportation company that (i) is a wholly owned subsidiary of Airline and/or Airline’s holding company or, (ii) uses the same livery as Airline, offers seats controlled and sold by Airline, and otherwise operates under substantially the same trade names as Airline at the Airport, provided that no certificated air carrier as such term is defined by the Federal Aviation Administration (FAA), shall be classified as an Operating Affiliate of another certificated air carrier, unless either clause (i) and (ii) above defines the relationship between such airline at the Airport. Airline is required to give written notice to the Board prior to commencing service with an Operating Affiliate and must notify the Board of any changes to their Operating Affiliates. B. The Airline agrees to be responsible for reporting all revenue landings, landed weights and passengers for Operating Affiliate; and the Airline agrees to be primarily responsible for the payment of all rents, fees and charges associated with the Operating Affiliate’s operations at the Airport. Notwithstanding the foregoing, if the Airline fails to make payment or submit reports on behalf of the Operating Affiliate, the Operating Affiliate remains fully responsible and liable to the Board for both reporting and payment. C. Should an airline not qualify as an Operating Affiliate of the Airline, the airline has the option of entering into a Signatory Lease and Operating Agreement or become a Non- Signatory Airline. A Non-Signatory Airline may enter into a Use Agreement with the Board and pay the Airport Non-Signatory landing fees and other appropriate airport charges for work performed for other air carriers. D. The privileges granted hereunder to Airline shall apply to any Operating Affiliate of Airline.
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Related to OPERATING AFFILIATES

  • Customer Affiliates Customer Affiliates may purchase and use Service subscription and Professional Services subject to the terms of this Agreement by executing Order Forms or Statements of Work hereunder that incorporate by reference the terms of this Agreement, and in each such case, all references in this Agreement to Customer shall be deemed to refer to such Customer Affiliate for purposes of such Order Form or Statements of Work.

  • Related Entities If Tenant is a legal entity, the transfer (by one or more transfers), directly or indirectly, by operation of law or otherwise, of a majority of the stock or other beneficial ownership interest in Tenant or of all or substantially all of the assets of Tenant (collectively “Ownership Interests”) shall be deemed a voluntary assignment of this Lease; provided, however, that the provisions of this Article 13 shall not apply to the transfer of Ownership Interests in Tenant if and so long as Tenant is publicly traded on a nationally recognized stock exchange. For purposes of this Article, the term “transfers” shall be deemed to include (x) the issuance of new Ownership Interests which results in a majority of the Ownership Interests in Tenant being held by a person or entity which does not hold a majority of the Ownership Interests in Tenant on the Effective Date and (y) except as provided below, the sale or transfer of all or substantially all of the assets of Tenant in one or more transactions and the merger or consolidation of Tenant into or with another business entity. Notwithstanding the foregoing, the prior consent of Landlord shall not be required with respect to an assignment or sublease to a Related Entity, or to a business entity into or with which Tenant is merged or consolidated, or to which all or substantially all of Tenant’s assets or all or substantially all of Tenant’s stock are transferred, so long as (i) such transfer was made for a legitimate independent business purpose and not for the purpose of transferring this Lease, (ii) the sublessee or assignee (as applicable) has a Net Worth at least equal to the Net Worth of Tenant as of the Effective Date, and (iii) proof satisfactory to Landlord of such Net Worth is delivered to Landlord at least ten (10) days prior to the effective date of any such transaction (or promptly thereafter if prior notice is prohibited by any applicable Requirements). Notwithstanding the foregoing, if any Tenant hereunder succeeds to the interest of Tenant in this Lease in violation of the terms and conditions of this Lease, such Tenant shall have no right to assign this Lease or sublease all or any portion of the Premises without Landlord’s prior written consent notwithstanding the provisions of this Section 13.6.

  • Affiliated Entities As used in this Agreement, "Company" shall include the Company and each corporation, limited liability company, partnership, or other entity that is controlled by the Company, or is under common control with the Company (in each case "control" meaning the direct or indirect ownership of 50% or more of all outstanding equity interests), provided, however, that the Executive's title need not be identical for each of the affiliated entities nor the same as that for the Company.

  • Affiliates The Borrower will not, and will not permit any Subsidiary to, enter into any transaction (including, without limitation, the purchase or sale of any Property or service) with, or make any payment or transfer to, any Affiliate except in the ordinary course of business and pursuant to the reasonable requirements of the Borrower's or such Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than the Borrower or such Subsidiary would obtain in a comparable arms-length transaction.

  • Subsidiaries All of the direct and indirect subsidiaries of the Company are set forth on Schedule 3.1(a). The Company owns, directly or indirectly, all of the capital stock or other equity interests of each Subsidiary free and clear of any Liens, and all of the issued and outstanding shares of capital stock of each Subsidiary are validly issued and are fully paid, non-assessable and free of preemptive and similar rights to subscribe for or purchase securities. If the Company has no subsidiaries, all other references to the Subsidiaries or any of them in the Transaction Documents shall be disregarded.