Financial Association definition
Financial Association means any situation in which two (2) or more persons have the same employer directly or indirectly through common corporate ownership or otherwise or are financially associated, for example, by similar sources of material employment income or, material consulting income;
Financial Association means a relationship, contract, or ownership interest over which the Board Member exercises meaningful control, which elicits a Financial Benefit relating to a Prescription Drug under consideration by the Board or Pharmaceutical Company associated with a Prescription Drug under consideration by the Board including employment, consultancy, direct stock ownership, affiliation with the patent for a Prescription Drug, or publication of written work or research involving a Prescription Drug under consideration by the Board that was partially or fully paid for by a Pharmaceutical Company. A Financial Association does not include a Board Member’s participation in the 340B Program on behalf of their employer, provided that the Board Member does not individually receive a Financial Benefit in the form of increased compensation, incentives, or other benefits from their employer because of the Member’s professional participation in the 340B Program.
Examples of Financial Association in a sentence
KNOW ALL MEN BY THESE PRESENTS, that we, Medallion Transport & Logistics LLC of ▇▇▇ ▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ as TRUSTOR (hereinafter called Trustor), and Pacific Financial Association a financial institution created and existing under the laws of the State of California as TRUSTEE (hereinafter called Trustee), hold and firmly bind ourselves and our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
Certain types of complaints can be submitted to the Ombudsman of the Financial Association (more information here: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇/ombuds/ and here: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇/lv/support/dispute/ ).