Unrelated Third Party definition

Unrelated Third Party means a person, corporation, partnership, trust or other entity who is not a Parcel Owner or its successors or assigns and is not an Affiliate under this Agreement. “Affiliate” means: (i) any officer, director, employee or blood related family member of a Party; and (ii) any corporation, partnership, trust or other entity controlling, controlled by or under common control with a Party or any person described in (i) above; and (iii) any officer, director, trustee, general partner or employee of any person described in (ii) above. For purposes of this definition, the term "control" shall also mean the control or ownership of ten percent (10%) or more of the beneficial ownership or fifty percent (50%) of the memberships in the entity referred to.
Unrelated Third Party means a person that, with respect to another person, has a direct or indirect ownership of 5% or less in the other person. A person is also considered to be an unrelated third party when a third person, or group of third persons who are affiliated with each other as defined in this Section, hold a direct or indirect ownership interest of 5% or less in the other person.
Unrelated Third Party means, when used with reference to a specified Person, a Person who is not an “Affiliate” of or “Person Affiliated with” the specified Person.

Examples of Unrelated Third Party in a sentence

  • In the case of the Participant’s termination of employment after the end of the Performance Cycle but prior to the Vesting Date, the Participant will forfeit any and all rights to receive payment on account of an Award for the Cycle, except as specified in Section 8.2 (Death, Disability, Retirement or Termination for an Approved Reason), Section 8.3 (Divestiture to a Joint Venture) and Section 8.4 (Divestiture to an Unrelated Third Party).

  • Off Site Improvement, Amenit Full Cost of Improvement / Percent Unrelated Third Party Name Description of Improvement(s)Applicant's comments regarding this section of scoring: DCA's Comments:DCA's Comments: 17.

  • Unrelated Third Party Financing Look at the loan activity detail.

  • Instead, Net Sales will be determined based on the [***] invoiced by such other Related Party upon resale of such Products or Diagnostics to an Unrelated Third Party purchaser.

  • To this effect, when HDT receives a notification in which it is informed of USPI's intention to sell, transfer or dispose in any other way of its investment in USPE to an Unrelated Third Party, HDT shall communicate its intention of selling the USPE Shares it would receive upon conversion to the acquiror within a maximum period of 15 days after such notification.


More Definitions of Unrelated Third Party

Unrelated Third Party means any Person that is not an Affiliate of the Company or any Investor.
Unrelated Third Party means any Person that is not a Related Party.
Unrelated Third Party means any person or entity that is not a Related Party.
Unrelated Third Party means a person in which none of Xx. Xxxxxx, his Family Members and/or Family Entities has or will have at any time during the term of this Agreement any direct or indirect economic or voting interest (other than a non-controlling interest in publicly traded equity securities of such person).
Unrelated Third Party means any person who is not, as of the date of grant of this option, a holder of stock of any class or preference or any stock option of the Company.
Unrelated Third Party means a Person other than the Trust or any Affiliate of the Trust and other than Constellation.
Unrelated Third Party means a person, corporation, partnership or other entity other than (a) Waste-Quip, (b) a person, corporation, partnership or other entity in control of, controlled by or under common control with, Waste-Quip, or (c) a Senior Lender (as defined in the SBCC Subordination Agreement).