Affiliated Shippers definition

Affiliated Shippers means any entity that, directly or indirectly: (a) controls a Shipper; (b) is controlled by another Shipper; or (c) is controlled by the same entity that controls a Shipper. For purposes of this definition, the terms “controls” and “controlled by” mean the power to direct or cause the direction of the management of and policies of another entity whether through the ownership of shares, a contract, trust arrangement or any other means, either directly or indirectly, that results in control in fact, but notwithstanding the foregoing includes, with respect to the control of or by a corporation, partnership or limited liability company, the ownership of shares or equity interests carrying not less than 50% or more of the voting rights regardless of whether such ownership occurs directly or indirectly. Without limitation, any one or more of the following shall conclusively evidence that entities are Affiliated Shippers of each other: (1) use of shared mailing or business addresses; (2) use of shared business telephone numbers; (3) use of common bank account(s); (4) the same or substantially the same management, general partner, or managing member; and/or (5) one Shipper directing or conducting business on behalf of another Shipper.
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Affiliated Shippers means any entity that, directly or indirectly: (a) controls a Shipper;
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Examples of Affiliated Shippers in a sentence

  • It is then up to the Affiliated Shippers to share the Capacity Allocated to the leader by means of capacity exchanges.

  • Whenever a Shipper submits a request together with one or more Affiliated Shippers for a single product during an OSP, they must designate a shipper to be a “leader” who is identified among them as such and notify GRTgaz accordingly.

  • It is then up to the Affiliated Shippers to share the allocated capacity to the leader by means of capacity exchanges among them.

  • Whenever a Shipper submits a request, together with one or more Affiliated Shippers, for a single product during an OSP, they must designate a shipper a “leader” who is identified among them as such and notify GRTgaz accordingly.

  • Once allocated, Capacity cannot be waived.‌ Whenever a Shipper submits a request together with one or more Affiliated Shippers for a single product during an OSP, they must designate a shipper to be a “leader” who is identified among them as such and notify GRTgaz accordingly.