Common use of Associate Clause in Contracts

Associate. “Associate” means, with respect to any specified Person, (1) any corporation or organization of which such Person is an officer or partner or is, directly or indirectly, the beneficial owner of 10% or more of any class of equity securities, (2) any trust or other estate in which such person has a substantial beneficial interest or as to which such person serves as trustee or in a similar fiduciary capacity, and (3) any relative or spouse of such Person, or any relative of such spouse.

Appears in 2 contracts

Sources: Merger Agreement (Spear & Jackson Inc), Merger Agreement (Neoforma Inc)

Associate. “Associate” meansThe term "associate," when used to indicate a relationship with any person, with respect to any specified Person, means (1) any a corporation or organization of which such Person person is an officer officer, director or partner or is, directly or indirectly, the beneficial owner of 10% or more of any class of equity securities, (2) any trust or other estate in which such person has a substantial beneficial interest or as to which such person serves as trustee or in a similar fiduciary capacity, and (3) any relative or spouse of such Personperson, or any relative of such spouse., who has the same home as such person

Appears in 2 contracts

Sources: Limited Liability Company Operating Agreement (Advanta Bank Corp), Limited Liability Company Operating Agreement (Advanta Bank Corp)

Associate. “Associate,when used to indicate a relationship with any person, means, with respect to any specified Person, : (1) any corporation corporation, partnership, unincorporated association or organization other entity of which such Person person is an a director, officer or partner or is, directly or indirectly, the beneficial owner of 1020% or more of any class of equity securities, Voting Shares (as defined below); (2) any trust or other estate in which such person has at least a substantial 20% beneficial interest or as to which such person serves as trustee or in a similar fiduciary capacity, ; and (3) any relative or spouse of such Personperson, or any relative of such spouse, who has the same residence as such person.

Appears in 2 contracts

Sources: Merger Agreement (Marathon Acquisition Corp.), Agreement and Plan of Merger (Marathon Acquisition Corp.)

Associate. The term "Associate" means, with respect to any specified Person, (1) any corporation or other business organization of which such Person is an officer or partner or isis the beneficial owner, directly or indirectly, the beneficial owner of 105% or more of any class of equity securities, (2) any trust or other estate in which such person Person has a substantial beneficial interest or as to which such person Person serves as a trustee or in a similar fiduciary capacity, capacity and (3) any relative spouse or spouse child of such Person who has the same home as such Person, or any relative of such spouse.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Olivetti Ing C & Co Spa /Adr/), Stock Purchase Agreement (Wang Laboratories Inc)

Associate. “Associate,when used to indicate a relationship with any person, means, with respect to any specified Person, : (1) any corporation corporation, partnership, unincorporated association or organization other entity of which such Person person is an a director, officer or partner or is, directly or indirectly, the beneficial owner of 1020% or more of any class of equity securities, Voting Shares; (2) any trust or other estate in which such person has at least a substantial 20% beneficial interest or as to which such person serves as trustee or in a similar fiduciary capacity, ; and (3) any relative or spouse of such Personperson, or any relative of such spouse, who has the same residence as such person.

Appears in 1 contract

Sources: Merger Agreement (Seaspan CORP)