Related Parent definition
Examples of Related Parent in a sentence
During the sixty (60) day period following Parent’s receipt of such notice, Parent shall have the right to acquire from the SpinCo Group the business operations of the SpinCo Acquired Business related to Parent Activities (the “Related Parent Business”) for a cash purchase price equal to the price actually paid by the SpinCo Group for the Related Parent Business.
Unless otherwise agreed by SpinCo and Parent, such price shall be determined by multiplying (i) (A) the purchase paid actually paid by the SpinCo Group for the SpinCo Acquired Entity, divided by (B) the Adjusted EBITDA of the SpinCo Acquired Entity during the twelve month period immediately prior to such acquisition, by (ii) the Adjusted EBITDA of the Related Parent Business during the twelve month period immediately prior to such acquisition.
U.S. BANK NATIONAL ASSOCIATION, As Agent and as a Buyer By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President Investor S&P CP Rating (1) ▇▇▇▇▇’▇ ▇▇ Rating (1) Related Parent Company Product Approval BB&T ▇-▇ ▇-▇ ▇▇▇▇▇▇▇▇▇▇/▇▇▇-▇▇▇▇▇▇▇▇▇▇ Citimortgage, Inc.
Any transfer of a direct or indirect interest in Developer shall constitute an assignment of this Agreement for purposes hereof if, as a result of such transfer, Developer is no longer controlled by (x) Related Parent, (y) a Related Affiliate or (z) Related Parent and/or Oxford Parent.
With respect to any Tax Related Parent Losses, the period during which a claim for indemnification may be asserted under this Agreement by an Indemnified Party shall begin on the Closing Date and terminate on the date that is thirty-six (36) months after the Closing Date (the “Tax Related Claims Period,” together with the Primary Claims Period, each, a “Claims Period”).