Common use of Use of Affiliates Clause in Contracts

Use of Affiliates. Company and Contractor agree that one or more of Company’s affiliates may from time to time request Work hereunder. In such event, such affiliate shall be deemed to be Company with respect to such Work and shall assume the rights and obligations of Company hereunder with respect thereto. As used in this Agreement the term “affiliate” with respect to any person shall mean any other person directly or indirectly controlling, controlled by or under common control with such person whether through ownership, by contract or otherwise, where “control” means the power to direct the management or policies of a person, provided that any person with direct or indirect ownership of 50% or more of the voting power for the election of directors or other governing body of a legal entity or 50% or more of the economic interest of any other person will be deemed to be control such legal entity or other person.

Appears in 4 contracts

Samples: Master Service Agreement, Master Service Agreement, Master Service Agreement

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