Affiliated business definition

Affiliated business means a business that is at least 50% owned and controlled, directly or indirectly, by an associated business.
Affiliated business means a business that is 100% owned and controlled by an associated business.
Affiliated business means one of 2 businesses exhibiting either of the following relationships:

Examples of Affiliated business in a sentence

  • Each Owner, Guarantor and Affiliated Business Guarantor signing below agrees to the terms of this Agreement, including those terms and conditions on the preceding and following pages, and further agrees that this transaction is for business purposes and not for personal, family, or household purposes, and Seller will use all funds received from Buyer to operate or grow its business.


More Definitions of Affiliated business

Affiliated business means a taxpayer receiving the benefits for which the same entity directly or indirectly owns or controls 5% or more of the voting rights of any kind or 5% or more of the value of all classes of both the taxpayer and the corporation surrendering the benefits.
Affiliated business means the gross transaction revenue of a title entity's title
Affiliated business means the gross transaction revenue of a title entity's title insurance business in the state that is the result of an affiliated business arrangement.
Affiliated business means a business which a mortgage banker or any [general partner, officer, director] control person or employee of the mortgage banker:
Affiliated business means a business or business location that is directly or indi- rectly controlled by, or under common con- trol with, the business location listed in the notice of a going out of business sale or that has a common ownership interest in the merchandise to be sold at the business lo- cation listed in the notice of the sale.
Affiliated business means a business which a mortgage broker or any control person
Affiliated business means a business that is 100% owned and controlled by an asso- ciated business.