Affiliate Definition Example with 4 Variations

This page contains an example definition of Affiliate, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Affiliate. Shall mean, with respect to either party, any person, organization or entity controlling, controlled by or under common control with, such party. For purposes of this definition only, control of another person, organization or entity shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the activities, management or policies of such person, organization or entity, whether through the ownership of voting securities, by contract or otherwise. Without... limiting the foregoing, control shall be deemed to exist when a person, organization or entity (i) owns or directly controls fifty percent (50%) or more of the outstanding voting stock or other ownership interest of the other organization or entity, or (ii) possesses, directly or indirectly the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the other organization or entity. View More
Found in ONLINE DISRUPTIVE TECHNOLOGIES, INC. contract

Variations

Affiliate. Shall mean, with With respect to either party, a person, organization or entity, any person, organization or entity controlling, controlled by or under common control with, such party. person, organization or entity. For purposes of this definition only, control "control" of another person, organization or entity shall will mean the possession, directly or indirectly, of the power to direct or cause the direction of the activities, management or policies of such person, organization or entity,... whether through the ownership of voting securities, by contract or otherwise. Without limiting the foregoing, control shall will be deemed presumed to exist when a person, organization or entity (i) (a) owns or directly controls fifty percent (50%) or more of the outstanding voting stock or other ownership interest of the other organization or entity, entity or (ii) (b) possesses, directly or indirectly indirectly, the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the other organization or entity. The parties acknowledge that in the case of certain entities organized under the laws of certain countries outside of the United States, the maximum percentage ownership permitted by law for a foreign investor may be less than fifty percent (50%), and that in such cases such lower percentage will be substituted in the preceding sentence. View More
Found in 10x Genomics, Inc. contract
Affiliate. Shall mean, with respect to either party, Party, any person, organization or entity directly or indirectly controlling, controlled by or under common control with, such party. Party. For purposes of this definition only, control of another person, organization or entity shall will mean the possession, ability, directly or indirectly, to direct the activities of the power to relevant entity, and will include, without limitation (a) ownership or direct or cause the direction control of the... activities, management or policies of such person, organization or entity, whether through the ownership of voting securities, by contract or otherwise. Without limiting the foregoing, control shall be deemed to exist when a person, organization or entity (i) owns or directly controls fifty percent (50%) or more of the outstanding voting stock or other ownership interest of the other organization or entity, or (ii) possesses, directly (b) direct or indirectly indirect possession of the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the other organization or other entity. Phillip Frost and Opko Health, Inc. shall not be deemed to be Affiliates of Company. View More
Found in Cocrystal Pharma, Inc. contract
Affiliate. Shall mean, with respect to either party, an entity, any person, organization or entity controlling, controlled by or under common control with, such party. entity. For purposes of this definition only, control of another person, organization or entity shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the activities, management or policies of such person, organization or entity, whether through the ownership of voting securities, by contract or... otherwise. Without limiting the foregoing, control shall be deemed presumed to exist when a person, organization or entity (i) owns or directly controls fifty percent (50%) or more of the outstanding voting stock or other ownership interest of the other organization or entity, or (ii) possesses, directly or indirectly indirectly, the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the other organization or other entity. The parties acknowledge that in the case of certain entities organized under the laws of certain countries outside of the United States, the maximum percentage ownership permitted by law for a foreign investor may be less than fifty percent (50%), and that in such cases such lower percentage shall be substituted in the preceding sentence. View More
Found in GENOCEA BIOSCIENCES, INC. contract
Affiliate. Shall mean, with respect to either party, any person, organization Person, any Person directly or entity indirectly controlling, controlled by or under common control with, such party. Person. For purposes of this definition only, control of another person, organization or entity Person, shall mean the possession, ability, directly or indirectly, to direct the activities of the power to direct or cause the direction of the activities, management or policies of such person, relevant organization... or entity, whether through the and shall include, without limitation (i) ownership or direct control of voting securities, by contract or otherwise. Without limiting the foregoing, control shall be deemed to exist when a person, organization or entity (i) owns or directly controls fifty percent (50%) or more of the outstanding voting stock or other ownership interest of the other organization or entity, or (ii) possesses, directly direct or indirectly indirect possession of the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the other organization or entity. View More
Found in BIOTIME INC contract
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