Affiliated Relationships Sample Clauses

The Affiliated Relationships clause defines how the agreement treats entities that are related to one or more parties, such as parent companies, subsidiaries, or other entities under common control. Typically, this clause clarifies whether the rights and obligations in the contract extend to these affiliated entities, and may specify the criteria for determining affiliation, such as ownership percentage or control. Its core function is to ensure clarity regarding which entities are covered by the agreement, thereby preventing disputes about the inclusion or exclusion of affiliates in contractual rights and responsibilities.
Affiliated Relationships. Except as disclosed in Section 6.18 of the Disclosure Letter, neither Seller, General Partner or the Manager, nor any partner, shareholder, director or officer thereof , or any member of such Person's immediate family, has, or at any time within the last two (2) years has had, a material ownership interest in any business that is or was a party to any business relationships or arrangement of any kind relating to the operation of the Facility or the Business. Residents/Patients; Licensed Beds And Fees. Seller has cared for the Residents/Patients located at any time at the Facility in accordance with recognized standards pertaining to assisted living facilities. Seller does not have any agreement with any of its Residents/Patients which have been prepaid for more than one month.
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Affiliated Relationships. Organitech represents that all services rendered and all goods sold by (i) Organitech to any of the Organitech Shareholders or any Affiliate(s) of the Organitech Shareholders, or (ii) by any of the Organitech Shareholders or any Affiliate(s) of the Organitech Shareholders to Organitech, have been recorded in the accounts of Organitech at their full value as if they were transferred in arm's length transactions.
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Affiliated Relationships. All services rendered and all goods sold by the Company and its Subsidiaries to any Seller or any Affiliate of any Seller have been recorded in the accounts of the Company and its Subsidiaries at their full value as if they were transferred in arm's length transactions. All services rendered and goods sold by any Seller or any Affiliate of any Seller to the Company or its Subsidiaries have been accounted for as if they were transferred in arm's length transactions.
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Affiliated Relationships. All services rendered and all goods sold by Incubate to any of its directors, officers, shareholders, or any Affiliate(s) of the foregoing, have been recorded in the accounts of Incubate at their full value as if they were transferred in arm's length transactions. At Closing, there shall be no outstanding agreement between Incubate, on the one hand, and any other person, on the other hand, including without limitation any employment, consulting, warrant, option, registration right or preemptive right agreement [except for the written agreement entered into prior to the date hereof and specifically identified on Schedule 5.15 attached hereto]. Without limiting the generality of the foregoing , the shareholders of Incubate have no claims or right of action whatsoever against or from Incubate, either as directors, officers, shareholders, investors, employees or otherwise and any right that may have accrued to any of the shareholders of Incubate (in whatever capacity), whether at law, in equity or pursuant to any agreement, has been (or will be) fully satisfied or waived in writing, prior to Closing.
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Affiliated Relationships. Except as disclosed in Section 6.18 of the Disclosure Letter, neither Seller, General Partner or the Manager, nor any partner, shareholder, director or officer thereof , or any member of such Person's immediate family, has, or at any time within the last two (2) years has had, a material ownership interest in any business that is or was a party to any business relationships or arrangement of any kind relating to the operation of the Facility or the Business.
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Affiliated Relationships. All services rendered and all products sold by the Company or the Company Subsidiary to Seller, Company or the Company Subsidiary or any Affiliate thereof have been recorded in the books and records of the Company or the Company Subsidiary at their full value as if they were transferred in arm’s length transactions. Except as set forth in Section 2.26 of the Seller Disclosure Schedule, no equity holder, director, officer, manager or employee of Seller, Company or the Company Subsidiary, nor any Affiliate thereof has, or has had at any time since January 1, 2009, (i) any interest in any property, real, personal or mixed, tangible or intangible, used in or pertaining to the business of the Company or the Company Subsidiary; (ii) any agreement, arrangement or understanding with the Company or the Company Subsidiary other than compensation and benefits as an employee payable in the ordinary course of business; or (iii) any claim or other right against the Company or the Company Subsidiary.
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Affiliated Relationships. All services rendered and all goods sold by the Company and its Subsidiaries to any Investor Stockholder or any Affiliate of any Investor Stockholder have been transferred in arm’s length transactions and have been recorded in the Books and Records of the Company and its Subsidiaries at their full value. All services rendered and goods sold by any Stockholder, or, to the Company’s Knowledge, any Affiliate of any Investor Stockholder, to the Company or its Subsidiaries have been transferred in arm’s length transactions and accounted for as such.
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Related to Affiliated Relationships

  • Business Relationships There are no business relationships or related party transactions involving the Company or any other person required to be described in the Registration Statement, the Pricing Disclosure Package and the Prospectus that have not been described as required.

  • EMPLOYMENT RELATIONSHIPS The ORGANIZATION, its employees, volunteers or agents performing under this Agreement are not deemed to be employees of the COUNTY, nor volunteers or agents of the COUNTY in any manner whatsoever. No officer, employee, volunteer or agent of the ORGANIZATION will hold themselves out as, or claim to be, an officer, employee, volunteer or agent of the COUNTY by reason hereof, nor will they make any claim, demand or application to or for any right or privilege applicable to an officer, employee volunteer or agent of the COUNTY. The parties agree that the COUNTY will not be responsible for the payment of any industrial insurance premiums or related claims or other benefits that may arise during the performance of services under this Agreement for any ORGANIZATION employee or volunteer, or for any consultant’s, contractor’s or subcontractor’s employee(s) or agent(s) that has been retained by the ORGANIZATION.

  • Lending Relationships Except as disclosed in the Pricing Disclosure Package, Registration Statement and the Prospectus, the Company (i) does not have any material lending or other relationship with any bank or lending affiliate of the Underwriters and (ii) does not intend to use any of the proceeds from the sale of the Securities hereunder to repay any outstanding debt owed to any affiliate of the Underwriters.

  • Banking Relationships Schedule 3.22 shows the names and locations of all banks, trust companies and other financial institutions in which the Company has accounts, lines of credit or safety deposit boxes and, with respect to each account, line of credit or safety deposit box, the names of all Persons authorized to draw thereon or to have access thereto.

  • Certain Business Relationships Neither Parent nor any of its affiliates is a party to any Contract with any director, officer or employee of the Company or any Company Subsidiary.