Associated Institutions definition

Associated Institutions refers to the institutions directly or indirectly controlled by one Party, directly or indirectly control one Party, directly or indirectly controlled by an organization as the same with one party. “Organization” refers to any natural person or legal person. “Control” refers to the ability to influence the management of the institution directly or indirectly, whether through ownership, voting shares, agreements or otherwise.

Examples of Associated Institutions in a sentence

  • Netherlands Bankers’ Association banks and institutions as given at the back of the CAO under List of Members and Associated Institutions.

  • Beside the listed official Partners and Associated Institutions, there are different categories of stakeholders and key actors involved in RAILHUC in the participating regions, also confirmed in some cases with written letters of intent to take part actively in the project, not only in dissemination activities as passive audience, but also as working groups in each local contexts, able to influencing the direction of the project goals.