Common use of Related Entity Clause in Contracts

Related Entity. Related Entity" shall mean any affiliate of LWP or CIM, as the case may be. As used herein, an "affiliate" of a specified entity means any other person or entity (i) that directly or indirectly controls, is controlled by or is under common control with such specified entity or (ii) of which the specified entity owns, directly or indirectly at least 5% of the equity interests of such other person or entity.

Appears in 3 contracts

Sources: Operating Agreement (Talk City Inc), Operating Agreement (Talk City Inc), Operating Agreement (Talk City Inc)