Privileged Relation definition
Privileged Relation means in relation to any transfer of Ordinary Shares, a spouse, Civil Partner or legitimate child or step or adopted child of the Original Shareholder.
Privileged Relation means, in relation to a Shareholder who is an individual, member or deceased or former member means a spouse, Civil Partner or Family Trust;
Privileged Relation in relation to an individual means his or her spouse and any relative of such individual with a common ancestor up to the fourth degree (including adopted children who have been adopted as a minor and step-children who have acquired that relationship with such individual or with any such relative as a minor) and any spouse of any such relative.
More Definitions of Privileged Relation
Privileged Relation means a Manager’s spouse, children and grandchildren (including step and adopted children and grandchildren), and their successors;
Privileged Relation means in relation to a shareholder who is an individual shareholder (or a deceased or former individual shareholder) means a spouse, civil partner, (as defined in the Civil Partnerships Act 2004) child or grandchild (including step or adopted or illegitimate child and their issue);
Privileged Relation means the spouse or Civil Partner of a shareholder and the shareholder's children and grandchildren (including step and adopted children and grandchildren);
Privileged Relation means the spouse and children (including adopted children) and any descendant (including any not yet born) of any such children and any trustee or trustees of a Family Trust.
Privileged Relation means, with respect to an individual who is an employee of the UK Subsidiary, the husband or wife of such individual and all the lineal descendants and ascendants in direct line of such individual and the brothers and sisters of such individual and their lineal descendants and a husband or wife or widower or widow of any of the above persons and for the purposes aforesaid a step-child or adopted child or illegitimate child of any person shall be deemed to be his or her lineal descendant.
Privileged Relation in relation to a member means the spouse or partner or widow or widower of the member and the member’s children and grandchildren (including step and adopted children and their issue) and step and adopted children of the member’s children and brother or sister;
Privileged Relation the spouse (but not, for the avoidance of doubt, a former spouse), parents, widow, widower and every child, stepchild or adopted child of an Executive and any spouse of any such person; RELATED LIMITED PARTNER: a Limited Partner who is connected to an Executive by virtue of being: