Co-licensed partner means a person who, with at least one other person, has the right to engage in
Partnership Subsidiary means (i) any entity of which a majority of the outstanding voting stock or voting power is beneficially owned directly or indirectly by the Partnership, or (ii) any partnership or limited liability company of which 50% or more of the capital and profits interest is owned, directly or indirectly, by the Partnership or by one or more Partnership Subsidiaries or by the Partnership and one or more Partnership Subsidiaries.
Controlled group of corporations has the meaning set forth in Code Section 1563.
Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.
Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.