An Affiliated Clause Samples
The 'An Affiliated' clause defines what constitutes an affiliate in the context of the agreement. Typically, this clause clarifies that an affiliate refers to any entity that controls, is controlled by, or is under common control with a party to the contract, such as parent companies, subsidiaries, or sister companies. By establishing this definition, the clause ensures that the rights and obligations outlined in the agreement can be properly extended to or enforced against related entities, thereby preventing ambiguity about which organizations are covered under the contract.
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An Affiliated. University College shall not be affiliated with nor shall it have affiliated with it any other university, college, school, or institute of higher learning without the specific permission of the University Board of Governors acting on the recommendation of the Senate. For further clarity, “affiliation” means a formal, bilateral relationship with another post-secondary institution in which the affiliated institution delivers a significant portion of the degree requirements and where credit for this is transferred as a block for all students in the program. Affiliation is understood to include articulation and international dual degree program agreements. It does not include transfer credit assessed on an individual basis or agreements that facilitate exchanges that last one year or less. Affiliation also includes any other formal, bilateral relationship with another university, college, school, or institute of higher learning in areas pertaining to admissions, transfer credits, and/or the granting of degrees.
(a) An affiliation of an Affiliated University College with another institution shall reflect principles (e) and (f) listed in the Preamble of this agreement.
(b) Prior to an Affiliated University College entering into negotiation for affiliation with another institution of higher learning, the Principal of the Affiliated University College shall consult with the ▇▇▇▇▇▇▇. This consultation may occur at the annual meeting described in Clause 2(e) of this agreement.
An Affiliated. Entity of an SHOP4CF Beneficiary means any legal entity, that is under the direct or indirect control of a Beneficiary, or under the same direct or indirect control as the Beneficiary, or that is directly or indirectly controlling a Beneficiary. Control may take either of the following forms:
a) the direct or indirect holding of more than 50% of the nominal value of the issued share capital of the legal entity concerned, or of the majority of the voting rights of the shareholders or associates of that entity;
b) the direct or indirect holding, in fact or in law, of decision making powers in the legal entity concerned.
An Affiliated. University College shall not enter into an academic partnership with any other university, college, school, or institute of higher learning without the specific permission of the University Board of Governors acting on the recommendation of the Senate.
An Affiliated. Entity is a third party. Therefore, if a Party wishes to transfer its Foreground to its Affiliated Entity using the waiver of right to prior notice procedure, such Affiliated Entity should be identified in Attachment 4. Where a Party has not made an entry in Attachment 3, the notice and objection procedures set out in the Grant Agreement Article 30 shall apply at the point of any intended transfer.
An Affiliated. Income Program may purchase a producing natural gas and oil property from the Partnership at any time at: