Definition of affiliates in contract

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August undefined, 2024

WebAffiliates Law and Legal Definition. Affiliates are business concerns, organizations, or individuals that control each other or that are controlled by a third party. Control may consist of shared management or ownership; common use of facilities, equipment, and employees; or family interest. The employees or receipts of all affiliates are ... WebOct 22, 2024 · Affiliates Law and Legal Definition. Affiliates fall into two categories. For corporate law and taxes, when a company is under the same umbrella as another …

Frequently Asked Questions about Regulation W

WebDefinition of Affiliate. For all purposes under this Agreement, “ Affiliate ” shall mean, with respect to any Person, all Persons directly or indirectly controlling, controlled by or under common control with such Person, where control may be by either management … Definition of Cause Sample Clauses. Filter & Search. Clause: Definition of Cause. … WebNov 27, 2024 · Some contracts contain the language "together with its affiliates" after naming a party to an agreement. This is often used to refer to members of the same corporate group in corporate and/or intellectual property agreements. However, adding these affiliates to the contract can raise several legal challenges. For example: lockheed martin headquarters bethesda md

Affiliate Marketer: Definition, Examples, and How to Get Started

WebAffiliate Contract means a Contract between a Seller or a Subsidiary of a Seller, on the one hand, and an Affiliate of such Seller or Subsidiary of a Seller, on the other hand. Affiliate Contract means any Procurement Contract entered into by an Affiliate Agency. Affiliate Contract has the meaning set forth in Section 3.20. Webbusiness plus those of all of its affiliates (if any) must total no more than $30 million. If the total is greater than $30 million, it is not a small business concern for purposes of this solicitation and contract. (Instructions for calculating receipts are provided below.) WebApr 23, 2015 · However, the Court stated that “absent explicit language demonstrating the parties’ intent to bind future affiliates of the contracting parties, the term “affiliate” includes only those affiliates in existence at the time the contract was executed. (VKK Corp. v. National Football League, 244 F.3d 114, 130-31 [2nd Cir. 2001]).” lockheed martin health insurance benefits

17 CFR § 162.2 - Definitions. - LII / Legal Information …

Affiliate Practical Law

WebDefine SNDL Transferred Store Assets. means all of the right, title and interest of SNDL (or its applicable affiliate(s)) in and to the assets, properties, Authorizations, leases or other privileges (whether under Contract or otherwise) of SNDL and its applicable affiliates related to the SNDL Transferred Stores. WebDec 22, 2024 · Affiliated companies are companies that are related through ownership, either with one owning the other as a minority shareholder or with multiple companies being owned by a third party. An affiliated company differs from a subsidiary through the size of the ownership. A subsidiary is a company where 50% or more of the company is owned … india railway vacancy 2022WebApr 29, 2009 · Other contracts require parties to make representations and warranties not only about themselves but about their affiliates as well (for example, some merger … lockheed martin hawc flight test

"WebMore Definitions of Affiliated Company. Affiliated Company means a company in the same corporate system as a parent, an industrial insured, or a member organization by virtue of common ownership, control, operation, or management. Sample 1 Sample 2 Sample 3. Based on 80 documents. Affiliated Company means a company that is an affiliated … " - Definition of affiliates in contract

Definition of affiliates in contract

13 CFR § 121.103 - How does SBA determine affiliation?

WebA common definition that meets the EU directive’s definition: a company is a Subsidiary of another company, its Holding Company, if that other company is a shareholder of it and: … Web(a) General Principles of Affiliation. (1) Concerns and entities are affiliates of each other when one controls or has the power to control the other, or a third party or parties …

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WebSep 10, 2024 · C. Definition of “affiliates” in part 19. Subpart 19.1, Size Standards, is amended to revise the definition of “affiliates” by deleting existing language and replacing it with a reference to SBA's regulations on determining affiliation at 13 CFR 121.103. Editorial changes are made in 19.1303(c), 19.1403(c)(3), and paragraph (e)(3) of ... WebAn affiliate is typically defined in a finance loan agreement and means another entity, other than a subsidiary, that is directly or indirectly in control of or under the power of a …

WebAffiliate. This term has several meanings. In the context of: Bankruptcy, an entity owning or controlling the debtor, that is owned by the debtor, or that is owned by an entity owning … WebMar 31, 2024 · A2: Regulation W requires that the furnishing of a service by a member bank to an affiliate under contract, lease, or otherwise be on terms and under circumstances that are substantially the same, or at least as favorable to the bank, as those prevailing at the time for comparable transactions with or involving nonaffiliates. 12 CFR 223.51-.52 ...

Webaffiliate: [verb] to bring or receive into close connection as a member or branch. to associate as a member. WebDec 28, 2009 · 6 thoughts on “Affiliates or Subsidiaries as of When?”. M. Ali. 28 December 2009 at 1:38 pm. Ken, From a securities sales & trading perspective, the usages “as of the date of determination” or “at the time of determination” seem more prevalent than “at any given time”. The noun “affiliate” is also frequently used in the ...

WebDec 13, 2024 · Why Affiliates Should Not be Grouped in as “Parties” to a Contract. Most commercial contracts include defined terms to improve readability and reduce ambiguity. In some cases, however, those definitions do not receive the same scrutiny as other clauses and their application throughout the rest of the agreement can be overlooked. For …

WebSep 10, 2024 · C. Definition of “affiliates” in part 19. Subpart 19.1, Size Standards, is amended to revise the definition of “affiliates” by deleting existing language and … lockheed martin helendaleWebJul 13, 2024 · If the business has any affiliates, it would need to add its average annual receipts with the average annual receipts of each affiliate to ensure it does not exceed the $27.5 million size standard. If it exceeds the size standard, it is not a small business concern for purposes of this solicitation and contract. 3. Where can I find the size ... lockheed martin helsiWebDec 2, 2014 · Absent explicit language demonstrating the parties’ intent to bind future affiliates of the contracting parties, the term “affiliate” includes only those affiliates in existence at the time that the contract was executed. Normally, the licensee is the entity who argues for a broad definition of “affiliates” and other licensed entities. lockheed martin health benefitsWebNov 14, 2024 · Affiliated companies are, in general, companies that are less than 50% owned by a parent company; the parents are minority shareholders. More loosely, the term "affiliated companies" is sometimes ... lockheed martin health and wellness centersWebJan 12, 2024 · Key Takeaways. A subsidiary is a company whose parent company is a majority shareholder that owns more than 50% of all the subsidiary company's shares. … indiarailway.gov.inWebIn this title the following definitions shall apply: (1) The term “ accountant ” means accountant authorized under applicable law to practice public accounting, and includes professional accounting association, corporation, or partnership, if so authorized. (2) The term “ affiliate ” means—. (A) entity that directly or indirectly owns ... lockheed martin hcsaWebFeb 11, 2015 · Contract drafting and interpretation of “affiliate”. In an important ruling, the New York Court of Appeals recently held that use of the term “affiliates” in a contract … india rail ticket booking