Approved Affiliate definition

Approved Affiliate means any Person that is, at the time of determination, exempt from any U.S. federal withholding tax imposed under Section 871, 881, 1441 or 1442 of the Code on U.S. source interest payments, including (A) any United States Person, (B) any Person or foreign branch of such Person, in each case entitled to claim benefits under a tax treaty that eliminates U.S. federal withholding Tax on U.S. source interest payments, (C) a Person entitled to claim exemption from U.S. federal withholding Taxes for income that is effectively connected with a U.S. trade or business, (D) a Person entitled to claim the exemption from U.S. federal withholding tax on U.S. source interest payments pursuant to the portfolio interest exemption under Section 881(c) of the Code, or (E) a Person entitled to claim an exemption from U.S. federal withholding tax on U.S. source interest payments due to its owners satisfying clause (A), (B), (C), or (D) above.

Approved Affiliate means an Affiliate of a Lender engaged in making, purchasing, holding and otherwise investing in commercial loans, and similar extensions of credit in the ordinary course of its activities and that is adequately capitalized to honor its ongoing funding commitments under this Agreement.

Approved Affiliate means those Affiliates of the Company approved by the Bank to participate in the Programme (defined below) from time to time;

Examples of Approved Affiliate in a sentence

• Affiliate Entity means both Nominated Affiliate Entities and Approved Affiliate Entities.

• In addition to our rights under this clause 12, we may record your non-compliance with this Licence Agreement (or an Approved Affiliate Entity’s non-compliance with the terms of an Affiliate Agreement) at our discretion on a non-compliance register that we maintain which may be made publicly available.

• A lapsed license may be reinstated according to the requirements as set forth by BTi or one of its Approved Affiliate organizations.

• Renewal will occur for successive four-year periods provided all re-licensure requirements, as set forth in the attached Exhibit B have been completed, and a current Instructor contract has been signed with BTi or its Approved Affiliate in which the Instructor/Consultant is registered.

• The following is an example of an appropriate notice: “BRAIN GYM® is a registered trademark of the Educational Kinesiology Foundation dba Breakthroughs International and is used with permission by its Approved Affiliate organizations.

More Definitions of Approved Affiliate

Approved Affiliate means, with respect to any entity, any other entity or person that, directly or indi- rectly through one or more intermediaries, controls or is controlled by or is under common control with such en- tity, which is approved by Oerlikon AM and BUYER in writing to provide or acquire the SCOPE OF SUPPLY under this CONTRACT.

Approved Affiliate means an Affiliate whose management role is consented to in writing by the Required Lenders.

Approved Affiliate shall have the meaning given in Clause 3.2.

Approved Affiliate means a Person that (a) is directly or indirectly wholly-owned by the Parent but is not directly or indirectly owned by any other Loan Party, and (b) does not directly own any Rig.

Approved Affiliate means, with respect to a Continuing Founder, any affiliate thereof that has been approved by the Secretary or the Treasurer of the Corporation.

Approved Affiliate means any Affiliate of DFS if the Rating Agency Condition has been satisfied with respect to designating such Affiliate as an Approved Affiliate.

Approved Affiliate means, with respect to a Person, one or more of the Affiliates of that Person that becomes such with the prior approval of that Person. A Person shall be deemed the "Beneficial Owner" of and shall be deemed to "beneficially own" any securities: