Family Entity definition

Family Entity means a trust in which one or more Family Members have more than fifty percent of the beneficial interest, a foundation in which the award holder and/or one or more Family Members control the management of assets and any other entity in which the award holder and/or one or more Family Members own more than fifty percent of the voting interests.
Family Entity means any of the trusts, estates, companies or other en- tities set forth in paragraphs (d)(4)(v), (vi), (vii), (viii), (ix), or (xi) of this sec- tion, but excluding key employees and their trusts from the definition of fam- ily client solely for purposes of this definition.
Family Entity means, for any Person, any Entity in which, at the applicable time, each Equity Interest therein is one hundred percent (100%) owned by that Person and/or one or more Persons who are Family Members or Family Trusts of that Person.

Examples of Family Entity in a sentence

  • No Family entity has an operational currency of a hyper-inflationary economy.

  • The left and centre components in the figure are based on the FRBR Figure, with the Family entity added in Group 2 according to the FRAD model.

  • Both layers of Type 2 and Type 1 Gravel shall be installed for the crossings as well up to the point where the driveways meet the right of way property line as shown on the drawings of Appendix A.

  • Mr Rowland and David Rowland then discussed taking Mr Bolelyy off the Firm’s payroll as soon as they could and transferring him from the Firm to another Rowland Family entity.

  • Brenndorfer noted that the Family entity boundaries were missing.


More Definitions of Family Entity

Family Entity means (i) a partnership, limited liability company, corporation or association in which the sole beneficial owners are, directly or indirectly, Family Members, Family Trusts and/or other Family Entities.
Family Entity means any of the trusts, estates, companies or other entities set forth in paragraphs (d)(4)(v), (vi), (vii), (viii), (ix), or (xi) of this section, but excluding key employees and their trusts from the definition of family client solely for purposes of this definition.
Family Entity means (a) those entities identified on Schedule 1 and (b) any general or limited partnership, corporation, limited liability company, trust or other legal entity that is wholly owned, directly or indirectly, by, or as to which the sole beneficiaries of any shares of capital stock of the Company held by such entity are, Xx. Xxxxxx and/or one or more of his Family Members (provided that any private foundation or Charitable Organization to which no person other than Xx. Xxxxxx and/or his Family Members is an investment advisor shall be permitted to be an additional beneficiary of shares of capital stock without violating such requirement).
Family Entity means any general or limited partnership, corporation, limited liability company, trust or other legal entity that is wholly owned, directly or indirectly, by, or as to which the sole beneficiaries of any shares of capital stock of the Company held by such entity are, Diller and/or one or more of his Family Members (provided that any private foundation or Charitable Organization to which no person other than Diller and/or his Family Members is an investment advisor shall be permitted to be an additional beneficiary of shares of capital stock and shall be a Family Entity).
Family Entity means (x) those entities identified on Schedule 1 and (y) any general or limited partnership, corporation, limited liability company, trust or other legal entity that is, at all times during the term of this Agreement, wholly owned, directly or indirectly, by, or as to which the sole beneficiaries of any shares of Capital Stock held by such entity are, Xx. Xxxxxx and/or one or more Family Members (provided that any private foundation or Charitable Organization to which no person other than Xx. Xxxxxx and/or his Family Members is an investment advisor shall be permitted to be an additional beneficiary of shares of Capital Stock without violating such requirement, it being understood that no such private foundation or Charitable Organization may constitute a Family Entity and that nothing in this proviso shall exclude any Transfer to a private foundation or Charitable Organization from the provisions of Sections 2 and 4 of this Agreement).
Family Entity means that entity identified on Schedule 1.
Family Entity means a Family Company or a Family Trust;