AOL Entity definition

AOL Entity or "AOL Entities" means any corporation, limited liability company, partnership, limited partnership or other organization whether incorporated or unincorporated (i) of which at least a majority of the securities or interests having by the terms thereof ordinary voting power to elect at least a majority of the Board of Directors or others performing similar functions with respect to such corporation or other organization is directly or indirectly owned or controlled by AOL and/or by any one or more of the AOL Entities, (ii) of which AOL or any one or more of the AOL Entities is a general partner or managing member or (iii) which AOL or any one or more of the AOL Entities otherwise controls.
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AOL Entity means the Company and any direct or indirect subsidiary of the Company.
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Examples of AOL Entity in a sentence

  • No ANS Benefit Plan is subject to Title IV of ERISA; and no circumstance exists or will exist as a result of the consummation of the transactions contemplated by this Agreement that could result in the existence of a lien on the property of AOL, ANS or any AOL Entity under the provisions of Title IV of ERISA (other than one or more liens that are disclosed in Schedule 3.11(a) or would not have a Material Adverse Effect).

  • AOL, ANS and each AOL Entity is in compliance with all requirements applicable to any retirement or other employee benefit plan maintained for its non-United States ANS employees other than any failures to comply that would not individually or in the aggregate have a Material Adverse Effect, and there is no material unfunded liability with respect to any such plan which is not properly reflected in or reserved for in the Balance Sheet.

  • AOL, ANS and each AOL Entity has made all contributions or payments required under the terms of or in connection with all ANS Benefit Plans or has properly reserved for such amounts on the Balance Sheet except for amounts that would not be material.

  • Neither AOL, ANS nor any other AOL Entity has, with respect to any ANS employees, any obligation or commitment (formal or informal) to create any new benefit plan or program in which employees of ANS or any ANS Entities may participate, or to amend any existing ANS Benefit Plan to increase the benefits thereunder.

  • Immediately prior to the Closing, AOL and each AOL Entity shall pay all amounts they then owe to ANS or any ANS Entity (including all amounts owed to ANS pursuant to any Tax sharing agreement), and ANS and each ANS Entity shall pay all amounts they then owe to AOL or any AOL Entity (with offsetting amounts to be offset so that only a single net payment shall be made between any two such parties).

  • If ANS or an ANS Entity shall owe any such amounts to AOL or an AOL Entity at the Closing, WorldCom shall cause the necessary funds to be advanced to ANS or such ANS Entity to provide for such repayment as provided in this Section.

  • Neither AOL, ANS nor any AOL Entity has previously made, is currently making, or is obligated in any way to make, any contributions to any multi-employer plan within the meaning of Section 3(37) of ERISA in which ANS employees participate.

  • To the extent that any such amounts have not been paid prior to or at the Closing, the obligor shall, as soon as practicable following the Closing, pay all such unpaid amounts together with interest thereon, compounded daily, at the prime or base rate of interest announced from time to time by NationsBank of Texas, N.A. Except as set forth on Schedule 2.2, there are no amounts owing from ANS or any ANS Entity to AOL or any AOL Entity, or from AOL or any AOL Entity to ANS or any ANS Entity.

  • Except as set forth on Schedule 5.4, there is no suit, claim, proceeding or investigation pending or, to the knowledge of AOL, threatened against or relating to or affecting AOL or any AOL Entity or the Transaction which, if resolved adversely to AOL, would prevent or cause a material delay in the consummation of the Transaction or otherwise prevent AOL from performing its obligations hereunder in any material respect.

Related to AOL Entity

  • School entity means a school district, intermediate

  • Local entity means any city, county, city and county, or joint powers authority within the state within whose jurisdiction a State Video Franchise Holder may provide Video Service.6

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Tribal Entity means a federally-recognized tribal entity performing tribal governmental functions and eligible for funding and services from the U.S. Department of Interior by virtue of its status as an Indian tribe.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Legal Entity means the union of the acting entity and all other entities that control, are controlled by, or are under common control with that entity. For the purposes of this definition, "control" means (i) the power, direct or indirect, to cause the direction or management of such entity, whether by contract or otherwise, or (ii) ownership of fifty percent (50%) or more of the outstanding shares, or (iii) beneficial ownership of such entity.

  • Non-federal entity means a state, local government, Indian tribe, institution of higher education, or nonprofit organization that carries out a federal award as a recipient or subrecipient.

  • Entity means a corporation, partnership, limited liability company or other entity.

  • Business Entity/Vendor means any natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of New Jersey or any other state or foreign jurisdiction. The definition also includes (i) if a business entity is a for-profit corporation, any officer of the corporation and any other person or business entity that owns or controls 10% or more of the stock of the corporation; (ii) if a business entity is a professional corporation, any shareholder or officer; (iii) if a business entity is a general partnership, limited partnership or limited liability partnership, any partner; (iv) if a business entity is a sole proprietorship, the proprietor; (v) if the business entity is any other form of entity organized under the laws of New Jersey or any other state or foreign jurisdiction, any principal, officer or partner thereof; (vi) any subsidiaries directly or indirectly controlled by the business entity; (vii) any political organization organized under 26 U.S.C.A. § 527 that is directly or indirectly controlled by the business entity, other than a candidate committee, election fund, or political party committee; and (viii) with respect to an individual who is included within the definition of “business entity,” that individual's civil union partner and any child residing with that person. 1

  • Educational entity means a public school district,

  • Non-U.S. Entity means an Entity that is not a U.S. Person.

  • Special Entity means any joint venture, limited liability company or partnership, general or limited partnership or any other type of partnership or company other than a corporation in which the Borrower or one or more of its other Subsidiaries is a member, owner, partner or joint venturer and owns, directly or indirectly, at least a majority of the equity of such entity or controls such entity, but excluding any tax partnerships that are not classified as partnerships under state law. For purposes of this definition, any Person which owns directly or indirectly an equity investment in another Person which allows the first Person to manage or elect managers who manage the normal activities of such second Person will be deemed to "control" such second Person (e.g. a sole general partner controls a limited partnership).

  • Foreign business entity means a foreign limited liability company, as defined in s. 183.0102 (8), a foreign partnership, as defined in s. 178.0102 (6), a foreign limited partnership, as defined in s. 179.01 (4), a foreign corporation, as defined in s. 180.0103 (9), or a foreign corporation, as defined in s. 181.0103 (13).

  • Regional Entity shall have the same meaning specified in the Operating Agreement.

  • Hybrid Entity means a single legal entity that is a covered entity and whose business activities include both covered and non-covered functions, and that designates health care components in accordance with 45 C.F.R. § 164.105(a)(2)(iii)(C). A Hybrid Entity is required to designate as a health care component, any other components of the entity that provide services to the covered functions for the purpose of facilitating the sharing of Protected Health Information with such functions of the hybrid entity without business associate agreements or individual authorizations. The District of Columbia is a Hybrid Covered Entity. Hybrid Entities are required to designate and include functions, services and activities within its own organization, which would meet the definition of Business Associate and irrespective of whether performed by employees of the Hybrid Entity, as part of its health care components for compliance with the Security Rule and privacy requirements under this Clause.

  • Company Subsidiary means any Subsidiary of the Company.

  • Domestic business entity means a business entity organized under the laws of this state, including but not limited to a limited liability company as defined in section 489.102; a corporation organized pursuant to chapter 490; a nonprofit corporation organized under chapter 504; a partnership, limited partnership, limited liability partnership, or limited liability limited partnership as provided in chapter 486A or 488; or a cooperative association or other cooperative organized under this chapter or chapter 497, 498, 499, or 501.

  • Fraternal organization means an organization, except a school fraternity, which is a

  • Parent Subsidiary means any Subsidiary of Parent.

  • Restricted Entity means any "employee benefit plan" as defined in and subject to ERISA, any "plan" as defined in and subject to Section 4975 of the Code, or any entity any portion or all of the assets of which are deemed pursuant to United States Department of Labor Regulation Section 2510.3-101 or otherwise pursuant to ERISA or the Code to be, for any purpose of ERISA or Section 4975 of the Code, assets of any such "employee benefit plan" or "plan" that invests in such entity.

  • Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.

  • Outside Entity means any:

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Health care entity means any health care provider, health plan or health care clearinghouse.

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • Group Business Entity means;