Affiliate or affiliate

Affiliate or affiliate. Means, as to any Person, any other Person that directly or indirectly, owns or controls, is owned or controlled by, or is under common ownership or control with, such Person. The term "control" (including, with correlative meanings, the terms "controlled by" and "under common control with"), as applied to any Person, means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting... securities or other ownership interest, by contract or otherwise. View More

Affiliate or affiliate. Of any person or entity means any other person or entity that controls, is controlled by or is under common control with such person or entity. For purposes of this definition, "control" of a person or entity means the power by the ownership of voting rights, by contract or otherwise to control the management and policies of such person or entity.