New Affiliate definition

New Affiliate means, with respect to a Party, a Person that becomes an Affiliate of such Party after the Effective Date as a result of a merger or acquisition of such Party (including by virtue of an acquisition of at least 50% of the voting stock of such Party).

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New Affiliate has the meaning set forth in Section 2.6.2.

New Affiliate of a Party shall mean an Affiliate of a Party that is not a Current Affiliate and that becomes an Affiliate by means other than a reorganization of the Party or its Affiliates. For example if, after the Effective Date, a third party acquires a Party or its Affiliates (or their assets in the case of an asset purchase), or a Party or its Affiliates acquire a third party (or its assets in the case of an asset purchase), such third party (or its assets) would be considered a New Affiliate.

Examples of New Affiliate in a sentence

• For clarity, (A) any license from a New Affiliate of Company under any Patent excluded pursuant to Section 2.11 shall be considered a license from a Third Party for purposes of this Section 8.7(c)(ii), and (B) a license agreement to which Licensee or any of its Affiliates is a party as of the Execution Date, in the form such agreement exists as of the Execution Date, will not be considered a third party agreement subject to provision of this Section 8.7(c)(ii)(1).

• Overture shall have the option, in its sole discretion, to provide or not provide Overture Services for any such modified or expanded Affiliate Offering or New Affiliate Search Application after the Effective Date and during the Term.

• The recruiting of individuals without their knowledge and/or execution of an Affiliate Agreement on behalf of others without their knowledge • The recruiting or attempted recruiting of nonexistent persons as Affiliates (“phantoms”) • Subsidizing the entire or partial cost of a customer purchase or New Affiliate Starter Kit purchase that counts towards your volume or adds an Affiliate to your team.

• Initially New Affiliate is required to purchase Indiagosolar products, sales aids kits, or to pay some charge to become IGS Affiliate.

• Furthermore, during the four-year period after the Closing Date, not more than 50% of the annuity products sold or marketed by Seller or its controlled Affiliates may be annuity products of such Competing Business, such New Affiliate or its Affiliates.

More Definitions of New Affiliate

New Affiliate means a Third Party that becomes an Affiliate of a Party after the Effective Date through or after a Change of Control of such Party, other than (i) such Party, (ii) any Affiliates of such Party immediately before the consummation of such Change of Control, or (iii) any other Affiliates such Party or its pre-consummation Affiliates controls (directly or indirectly) after such Change of Control (including any direct or indirect subsidiaries of such Party or any such pre-consummation Affiliates).

New Affiliate. Any Affiliate of any of the Loan Parties formed/established hereafter which becomes the owner or operator of Buffalo Wild Wings Restaurant or a Bagger Dave’s Legendary Burger Tavern Restaurant and as defined in Section 9.1(vi) of this Agreement.

New Affiliate means a person who becomes an Affiliate during the Recognition Transitional Period under Rule 22.4.1(e);

New Affiliate has the meaning set forth in Section 2.12.2 (New Affiliate Exception).

New Affiliate has the meaning set forth in Section 3.3.1 (Change of Control of Selecta).

New Affiliate means any Affiliate acquired by Pacer or any of its Affiliates after January 1, 2001, other than Rail Van.

New Affiliate means an entity used or created for purposes of acquiring, owning or operating a Business Unit. Each New Affiliate shall be deemed to be a Subsidiary under this Agreement.