primary relationship definition

primary relationship means a relationship between a customer, on the one hand, and a branch of Seller or a Branch Office to be acquired by Purchaser, as applicable, on the other hand, based on the criteria set forth in Schedule 1.3(b)(iv) hereto; and
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primary relationship means that the holder of the account is either (i) a member of the immediate family of the holder of a "Moneta Referral Account" designated in accordance with clause (b) above, (ii) a trust or other fiduciary account as to which the holder of a "Moneta Referral Account" is either the settlor or the fiduciary, or (iii) an account which is established by or for the benefit of an entity or person which is controlled by or under common control with the holder of a "Moneta Referral Account" designated in accordance with clause (b) above.
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primary relationship means the person is: (a) a member of the "immediate family" of the Account Holder, (b) a trust or other fiduciary account of which the Account Holder is either the settlor or the fiduciary; or (c) an account established by or for the benefit of an entity or person that is controlled by or under common control with the Account Holder. An "immediate family" member as used herein shall mean the spouse, direct lineal descendant or parent of an Account Holder.
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Related to primary relationship

  • Parent-subsidiary relationship means a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Direct relationship means that the nature of criminal conduct for which the person was convicted has a direct bearing on his fitness or ability to perform one or more of the duties or responsibilities necessarily related to the license, opportunity, or job in question.

  • Significant relationship means a situation in which the perpetrator is:

  • Service Relationship means any relationship as an employee, director or Consultant of the Company or any Affiliate (e.g., a Service Relationship shall be deemed to continue without interruption in the event an individual’s status changes from full-time employee to part-time employee or Consultant).