Related Entity Clause Examples
The Related Entity clause defines which organizations or individuals are considered to be associated with a party to the agreement, typically through ownership, control, or other significant relationships. In practice, this clause clarifies whether subsidiaries, parent companies, affiliates, or other connected entities are included when referring to a party’s rights or obligations under the contract. Its core function is to ensure clarity about the scope of the agreement, preventing ambiguity about which entities are covered and thereby reducing the risk of disputes over contractual responsibilities or benefits.
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Related Entity. An entity is a Related Entity of another entity if either entity controls the other entity, or the two entities are under common control. For this purpose control includes direct or indirect ownership of more than 50 percent of the vote or value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the Code.
Related Entity. Related Entity" shall mean any affiliate of LWP or CIM, as the case may be. As used herein, an "affiliate" of a specified entity means any other person or entity (i) that directly or indirectly controls, is controlled by or is under common control with such specified entity or (ii) of which the specified entity owns, directly or indirectly at least 5% of the equity interests of such other person or entity.
Related Entity. Master ▇▇▇▇▇▇▇▇▇’s transfer of all or any part of the Property to any entity “related” to Master Developer (as defined by regulations of the Internal Revenue Service in Section 165), Master Developer’s entry into a joint venture for the development of the Project or Master Developer’s pledging of part or all of the Project as security for financing shall be deemed to be an “assignment” subject to the above- referenced approval by the City.
Related Entity. X The subscriber is not a Related Entity of the Issuer. Related Entity means, in respect of a CSE Issuer:
(a) a person
(i) that is an affiliated entity of the Issuer;
(ii) of which the Issuer is a control block holder;
(b) a management company or a distribution company of a mutual fund that is a CSE Issuer; or
(c) a management company or other company that operates a trust or partnership that is a CSE Issuer. ☐ The subscriber is a Related Entity of the Issuer.
Related Entity. Master Developer’s transfer of all or any part of the Property to any entity “related” to any Master Developer (as defined by regulations of the Internal Revenue Service), Master Developer’s entry into a joint venture for the development of the Project or Master Developer’ pledging of part or all of the Project as security for financing shall also not be deemed to be an “assignment” subject to the above-referenced approval by the Town unless specifically designated as such an assignment by Master Developer. Master Developer shall give the Town Notice of any event specified in this sub- section within ten (10) days after the event has occurred. Such Notice shall include providing the Town with all necessary contact information for the newly responsible party.
Related Entity. Notwithstanding anything in this Agreement to the contrary, in no event shall Employee be entitled to benefits under either Section 4(b) or Section 4(c) in connection with any termination, resignation or change in Employee’s employment with the Company or any of its affiliates that is effected in connection with Employee’s employment, or engagement as a consultant, by an entity formed by or for the benefit of the Company for the purpose of engaging physicians to perform services related to the Company’s business or otherwise for the purpose of benefitting the Company’s business.
Related Entity. Any entity that is related to the STAR+PLUS MMP by common ownership or control and (1) performs some of the STAR+PLUS MMP’s management functions under contract or delegation; (2) furnishes services to Enrollees under an oral or written agreement; or (3) leases real property or sells materials to the STAR+PLUS MMP at a cost of more than $2,500 during a contract period.
Related Entity. Has the same meaning as in subsection 3(2) of the Building Code 2016.
Related Entity. Related Entity" shall mean any distributor or -------------- service provider of a party to this Agreement, or an entity in which either party holds at least a five percent (5%) equity interest, or an entity which holds at least a five percent (5%) equity interest in either party.
Related Entity. Master Developer’s transfer of all or any part of the Property to any entity “related” to Master Developer (as defined by regulations of the Internal Revenue Service in Section 165), Master Developer’s entry into a joint venture for the development of the Project or Master Developer’s pledging of part or all of the Project as security for financing shall also not be deemed to be an “assignment” subject to the above-referenced approval by the City unless specifically designated as such an assignment by the Master Developer. Master Developer shall give the City Notice of any event specified in this sub-section within fifteen (15) calendar days after the event has occurred. Such Notice shall include providing the City with all necessary contact information for the newly responsible party.