BA Affiliates definition

BA Affiliates means any and all entities controlled by BA during the term of this Agreement, where “controlled” by BA shall mean the power to conduct the affairs of another entity by reason of the ownership of the majority of the voting stock or partnership interest; provided that BioAmber Sarnia Inc. shall be considered as a BA Affiliate unless the total amount of the equity ownership interest owned in BioAmber Sarnia Inc. by BA and Mitsui Co., Ltd. is fifty percent (50%) or less.
View Source
BA Affiliates means any corporation, partnership, or other person who controls, is controlled by, or is under common control with, BA.
View Source

Examples of BA Affiliates in a sentence

  • BA Affiliates shall be bound by the terms and conditions of this Agreement as if it were named herein in the place of BA.

  • BA represents to MCC that it has the power to bind each such BA Affiliate to the terms and conditions of this Agreement and agrees to take whatever action is necessary to legally bind such BA Affiliates.

  • The rights granted to BA Affiliates shall terminate on the date when such BA Affiliates ceases to be BA Affiliates.

  • If and when the total aggregated royalty paid by BA, BA Affiliates and Licensed BA Related Entities pursuant to this paragraph (c) of this Section 3.1 reaches [***], BA, BA Affiliates and Licensed BA Related Entities will be required to pay no further royalty under this Section 3.1, and the BSA Non-Assertion Covenant will continue to apply as provided in this Agreement during the remaining term of this Agreement and will be considered as being fully-paid, subject to Section 3.3.