WebDec 22, 2024 · An affiliated company is a relationship between companies with either one owning the other as a minority shareholder or multiple companies being owned by a third party. The terms, affiliated company and subsidiary are used interchangeably but are not synonymous. The two differ based on the percentage of ownership involved. WebAffiliate: A party that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with an entity. Control: The possession, direct or indirect, of the power to direct or cause the direction of the management and policies of an entity through ownership, by contract, or otherwise.
Affiliate Practical Law
WebThe term "Affiliate" shall mean a person that directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with another … syracuse mft
Controlled Affiliate Definition: 2k Samples Law Insider
Web1. Affiliate clauses in contracts. 2. The loss of affiliate status. 3. How affiliates are determined. An affiliated companies clause is applicable to any subsidiary or parent company of an organization. An affiliated company may be an entity that already exists, or one that is started or acquired in the future. Web(a) For purposes of this part and except as provided in paragraphs (b) and (c) of this section, “affiliate” with respect to a member bank means:(1) Parent companies. Any company that controls the member bank;(2) Companies under common control by a parent company. Any company, including any subsidiary of the member bank, that is controlled by a … Web§ 162.2 Definitions. (a) Affiliate. The term “affiliate” for the purposes of this part means any person that is related by common ownership or common corporate control with a … syracuse mfa creative writing