Controlling Affiliate definition

Controlling Affiliate means an Affiliate that directly or indirectly Controls the Hotel and/or Controls the entity that Controls the Hotel.
Controlling Affiliate means for the Borrower, (i) any other Person that directly or indirectly through one or more intermediaries controls, or is under common control with, the Borrower (other than Persons controlled by the Borrower), and (ii) any other Person owning beneficially or controlling ten percent (10%) or more of the equity interests in the Borrower. As used in this definition, "control" means the power, directly or indirectly, to direct or cause the direction of management or policies of a Person (through ownership of voting securities or other equity interests, by contract or otherwise).
Controlling Affiliate means an Affiliate that directly or indirectly controls Licensee within the meaning of Section 1.1.

Examples of Controlling Affiliate in a sentence

  • Dermavant shall not, and shall cause each other Controlling Affiliate not to, enter into any Material Contract that would reasonably be expected to (a) conflict with the Transaction Documents or the rights granted to the Purchasers hereunder or thereunder, (b) impair Dermavant’s ability to perform its obligations under the Transaction Documents or (c) reduce or limit the Revenue Interests.


More Definitions of Controlling Affiliate

Controlling Affiliate means, with respect to a Party, an Affiliate of such Party that controls (within the meaning given under the definition of “Affiliate”) such Party.
Controlling Affiliate means, as to any Party, an Affiliate that directly or indirectly controls such Party within the meaning of Section 1.2.
Controlling Affiliate means for any Person, (i) any other Person that directly or indirectly through one or more intermediaries controls, or is under common control with, such Person and (ii) any other Person owning beneficially or controlling ten percent (10%) or more of the equity interests having ordinary voting power for the election of directors of such Person. As used in this definition, “control” means the power, directly or indirectly, to direct or cause the direction of management or policies of a Person (through ownership of voting securities or other equity interests, by contract or otherwise).
Controlling Affiliate shall have the meaning set forth in Section (5)(b) of the Delegated Authority Letter Agreement.
Controlling Affiliate means, with respect to any Person, any Affiliate of such Person that Controls such Person.
Controlling Affiliate means any Person that directly or indirectly through one or more intermediaries controls, or is controlled by, DB Contractor or any of its shareholders, members, partners or joint venture members. For purposes of this definition the term “control” means the possession, directly or indirectly, of the power to cause the direction of the management of a Person, whether through voting securities, by contract, family relationship or otherwise. DB Contractor or Design- Build Contractor means , a , together with its successors and assigns.
Controlling Affiliate means any Person that directly or indirectly through one or more intermediaries Controls, or is under common Control with, the Company (other than Persons Controlled by the Company or any of its Subsidiaries); provided that the term “Controlling Affiliate” shall not include any portfolio companies that are customers, clients, joint venture partners, joint ventures, suppliers or purchasers or sellers of goods or services in the ordinary course of business that are owned by a direct or indirect equityholder of the Company (but not owned directly or indirectly by the Company or any of its Subsidiaries) other than any such portfolio company which is an offshore maritime drilling service company.