Third Party Affiliate definition

Third Party Affiliate means (a) any Person or any group of Persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of 1934, as amended) that directly, or indirectly through one or more intermediaries, controls the Borrower (a "Controlling Person") or (b) any Person (other than the Borrower or a Subsidiary) which is controlled by or is under common control with a Controlling Person. As used herein, the term "control" means possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

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Third Party Affiliate means any Person which owns any interest in Parent, Borrower or any Subsidiary or Unconsolidated Affiliate of Borrower, but which Person is neither a Senior Officer nor a Subsidiary of Borrower.

Third Party Affiliate means a Person who would be an Affiliate of a Third Party, and “Third Party Affiliates” means all of them; and

Examples of Third Party Affiliate in a sentence

• The Party which disclosed Confidential Information of the other to any Third Party (or to any such Affiliate or Sublicensee) shall be responsible and liable for any disclosure or use by such Third Party, Affiliate or Sublicensee (or its disclosees) which would have violated this Agreement if committed by the Party itself.

• Affiliate agrees that it will expressly forbid any Third Party Affiliate to modify the Links in any way.

• Affiliate shall promptly terminate any Third Party Affiliate who takes, or could reasonably be expected to take, any action that violates the terms and conditions of this Agreement.

• Affiliate shall not permit any party to be a Third Party Affiliate whose web site or business model involves content containing Objectionable Content.

• For all Affiliate's that maintain their own affiliate networks, Affiliate agrees to place the Links in its affiliate network (the "Network") for access and use by those affiliates in Affiliate's Network (each a "Third Party Affiliate").

• The Affiliate shall promptly prevent any Third Party Affiliate from using the Links upon written notice from us.

• In the event that either we or the Affiliate suspects any wrongdoing by a Third Party Affiliate, the Affiliate shall promptly disclose to us the identity and contact information of such Third Party Affiliate.

• In addition, the Affiliate shall not permit any party to be a Third Party Affiliate whose web site or business model involves content containing Objectionable Content.

• Except as permitted by Section 10.9. or as otherwise set forth on Schedule 7.1.(r), neither Parent nor any Loan Party is a party to or bound by any agreement or arrangement (whether oral or written) with any Affiliate (other than a Third Party Affiliate).

• Affiliate shall promptly remove any Third Party Affiliate from the Affiliate Program and terminate their access to future Offers of Palmerbet in the Network upon written notice from Palmerbet.

More Definitions of Third Party Affiliate

Third Party Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Third Party, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise.

Third Party Affiliate means (i) any Person or any group of Persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of 1934, as amended) that directly, or indirectly through one or more intermediaries, controls the Borrower (a "Controlling Person") or (ii) any Person (other than the Borrower or a Subsidiary) which is controlled by or is under common control with a Controlling Person. As used herein, the term "control" means possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise. "Unfunded Liabilities" means, with respect to any Plan at any time, the amount (if any) by which (i) the value of all benefit liabilities under such Plan, determined on a plan termination basis using the assumptions prescribed by the PBGC for purposes of Section 4044 of ERISA, exceeds (ii) the fair market value of all Plan assets allocable to such liabilities under Title IV of ERISA (excluding any accrued but unpaid contributions), all determined as of the then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the ERISA Group to the PBGC or any other Person under Title IV of ERISA. "United States" means the United States of America, including the States and the District of Columbia, but excluding its territories and possessions. "Wholly-Owned Subsidiary" means any Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

Third Party Affiliate means any Person which owns any interest in the Parent, the Borrower or any Subsidiary of the Borrower, but which Person is neither a Senior Officer nor a Subsidiary of the Borrower.

Third Party Affiliate means, in relation to a person, any company that, directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with that person.