Control Group Member definition

Control Group Member means any Person which directly or indirectly controls, or is under common control with, the Buyer.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Control Group Member means any Person which directly or indirectly controls, or is under common control with, any of the Buyers.

Control Group Member means each trade or business (whether or not incorporated) that together with Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

Examples of Control Group Member in a sentence

• No representation or warranty of Borrower set forth in this Agreement, or any certificate or written statement furnished by Borrower or Lender for use in connection with the transactions contemplated hereby, and no representation or warranty of the Control Group Member set forth in the Limited Liability Company Agreement, contains any untrue statement of material fact or omits to state a material fact necessary in order to make the statements contained herein or therein not misleading.

• The representations and warranties of the Control Group Member set forth in the Limited Liability Company Agreement are true and correct in all material respects.

• Neither Seller nor any Control Group Member has completely or partially withdrawn from any multiemployer plan within the six year period prior to the date hereof.

• Neither Seller nor any Control Group Member participates in, contributes to or has any obligation to contribute to any multiemployer plan (as defined in Section 4001 of ERISA).

More Definitions of Control Group Member

Control Group Member means an insured organization’s chairperson of the board of directors, president, chief executive officer, chief operating officer, chief financial officer, chief technology officer, chief information officer, chief privacy officer, chief information security officer, risk manager, general counsel and/or in-house counsel, or their functional equivalents.

Control Group Member means any person or entity which, together with the Company, would be treated as a single employer under Sections 414(b), (c), (m) or (o) of the IRC.

Control Group Member means each corporation or other entity which is a members of a controlled group of corporations as defined in Section 414(b) of the Code as modified by Section 415(h) of the Code which includes MetLife, Inc. or any trade or business (whether or not incorporated) which is under common control with MetLife, Inc., as defined in Section 414(c) of the Code as modified by Section 415(h) of the Code.