Wholly Owned Affiliate definition
Wholly Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.
Wholly Owned Affiliate means, as to any Person, any Affiliate that, directly or indirectly, is wholly-owned and controlled (other than by contract) by a Person, or any other Affiliate to which the Company, in its sole discretion, consents.
Wholly Owned Affiliate of any Person means an Affiliate of such Person (i) one hundred percent (100%) of the voting stock or beneficial ownership of which is owned directly by such Person, or by any Person who, directly or indirectly, owns one hundred percent (100%) of the voting stock or beneficial ownership of such Person, (ii) an Affiliate to such Person who, directly or indirectly, owns one hundred percent (100%) of the voting stock or beneficial ownership of such Person, and (iii) any Wholly-Owned Affiliate of any Affiliate described in clause (i) or clause (ii).
Examples of Wholly Owned Affiliate in a sentence
Notwithstanding the foregoing, each General Partner may Transfer all but not less than all of its General Partner interest in the Partnership at any time to (a) any Person who is such General Partner's Wholly Owned Affiliate, or (b) to any Person who is approved by all of the Partners.
More Definitions of Wholly Owned Affiliate
Wholly Owned Affiliate of any Person means (i) an Affiliate of such Person (A) 100% of the voting stock or beneficial ownership of which is owned directly by such Person, or by any Person that, directly or indirectly, owns 100% of the voting stock or beneficial ownership of such Person, or (B) that, directly or indirectly, owns 100% of the voting stock or beneficial ownership of such Person, and (ii) any Wholly Owned Affiliate of any Affiliate described in clause (i)(A) or (B).
Wholly Owned Affiliate of any Person means (i) an Affiliate of such Person one hundred percent (100%) of the voting stock or beneficial ownership of which is owned directly or indirectly by such Person, or by any Person who, directly or indirectly, owns one hundred percent (100%) of the voting stock or beneficial ownership of such Person, (ii) an Affiliate of such Person who, directly or indirectly, owns one hundred percent (100%) of the voting stock or beneficial ownership of such Person, and (iii) any Wholly Owned Affiliate of any Affiliate described in clause (i) or clause (ii).
Wholly Owned Affiliate of any Person means (i) an Affiliate of such Person 100% of the capital stock (or its equivalent in the case of entities other than corporations) of which is owned beneficially by such Person, directly, or indirectly through one or more Wholly Owned Affiliates, or by any Person who, directly or indirectly, owns beneficially 100% of the capital stock (or its equivalent in the case of entities other than corporations) of such Person, and (ii) an Affiliate of such Person who, directly or indirectly, owns beneficially 100% of the capital stock (or its equivalent in the case of entities other than corporations) of such Person; provided that, for purposes of determining the ownership of the capital stock of any Person, de minimis amounts of stock held by directors, nominees and similar persons pursuant to statutory or regulatory requirements shall not be taken into account.
Wholly Owned Affiliate means as to any Entity, (i) an Affiliate all of the equity interests of which are owned, directly or indirectly, by a Member or by another Wholly Owned Affiliate of such Member or (ii) an Affiliate which owns, directly or indirectly, all of the equity interests of a Member.
Wholly Owned Affiliate means, when used with respect to any Person, any other Person that, directly or indirectly, through one or more intermediaries, is controlled by such other Person, where “control” for purposes of this definition means the possession, directly or indirectly, of the power, directly or indirectly, to direct or cause the direction of the management or policies of such specified Person, through ownership of 100% of the equity securities of such specified Person.
Wholly Owned Affiliate means, with respect to any Party, an Affiliate of such Party that is wholly owned, directly or indirectly by the ultimate parent of such Party.