Template:ISDA Master Agreement 2002 Affiliate: Difference between revisions
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“'''{{isdaprov|Affiliate}}'''” means, subject to the {{isdaprov|Schedule}}, in relation to any person, any entity controlled, directly or indirectly, by the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. For this purpose, “control” of any entity or person means ownership of a majority of the voting power of the entity or person. <br> | |||
Latest revision as of 17:34, 13 April 2020
“Affiliate” means, subject to the Schedule, in relation to any person, any entity controlled, directly or indirectly, by the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. For this purpose, “control” of any entity or person means ownership of a majority of the voting power of the entity or person.