Related Parties definition: Copy, customize, and use instantly

Introduction

The term "Related Parties" refers to individuals or entities that have a close relationship with a business, often due to ownership, control, or familial connections. It is important in contracts to clarify the relationships and potential conflicts of interest between parties involved, ensuring transparency and compliance with legal and regulatory requirements.

Below are various examples of how "Related Parties" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.

This definition ties "Related Parties" to entities with control or influence over each other.

"Related Parties" means entities that are directly or indirectly controlled by, or under common control with, a party, including affiliates, subsidiaries, and parent companies.

This definition connects "Related Parties" to familial relationships.

"Related Parties" refers to individuals or entities that have familial ties, including parents, children, siblings, or spouses, and may include the entities they control or influence.

This definition links "Related Parties" to common ownership.

"Related Parties" means parties that share common ownership, including individuals or entities that have a significant equity stake in the same corporation or business.

This definition applies "Related Parties" to business partnerships or associations.

"Related Parties" refers to business partners, joint venture participants, or associates who have a close business relationship and may affect each other's decisions and operations.

This definition ties "Related Parties" to financial relationships.

"Related Parties" means parties that have financial ties, such as lending, borrowing, or financial investments in one another, including related corporations or individual investors.

This definition connects "Related Parties" to affiliates and subsidiaries.

"Related Parties" refers to affiliates, subsidiaries, parent companies, and other entities that are directly or indirectly controlled by or under common control with a party.

This definition links "Related Parties" to shared management.

"Related Parties" means entities or individuals who share common management, such as executives, directors, or key personnel who control or influence decisions at multiple entities.

This definition applies "Related Parties" to entities with interlocking relationships.

"Related Parties" refers to entities with interlocking ownership, management, or business arrangements that create a direct or indirect relationship.

This definition ties "Related Parties" to shared ownership interests.

"Related Parties" means entities that share common ownership interests or equity stakes, whether directly or through a group of controlling shareholders.

This definition connects "Related Parties" to potential conflicts of interest.

"Related Parties" refers to individuals or entities that have a relationship which could create a conflict of interest, including familial, financial, or business connections.

This definition links "Related Parties" to companies under the same control.

"Related Parties" means companies or entities that are under the same direct or indirect control, whether through common ownership, management, or influence.

This definition applies "Related Parties" to interdependent stakeholders.

"Related Parties" refers to stakeholders whose business or financial decisions are interdependent, often due to ownership, control, or significant influence over one another.

This definition ties "Related Parties" to key personnel relationships.

"Related Parties" means key personnel, such as executives or directors, and their family members or entities that they control or have substantial influence over.

This definition connects "Related Parties" to shared financial obligations.

"Related Parties" refers to entities or individuals that have shared financial obligations or guarantees, such as joint liabilities or credit arrangements.

This definition links "Related Parties" to legal or contractual relationships.

"Related Parties" means parties that are connected by legal or contractual agreements, which could include affiliates, subsidiaries, or joint ventures.

This definition applies "Related Parties" to entities with overlapping interests.

"Related Parties" refers to business entities with overlapping financial, operational, or strategic interests, often due to shared ownership, management, or other close ties.

This definition ties "Related Parties" to mutual influence between individuals and entities.

"Related Parties" means individuals and entities that have a mutual influence over each other’s decisions, often due to familial, financial, or business relationships.

This definition connects "Related Parties" to common goals.

"Related Parties" refers to individuals or entities connected by common goals, business strategies, or investments that align their interests in specific operations.

This definition links "Related Parties" to vested interests.

"Related Parties" means stakeholders, whether individuals or entities, who have a vested interest in the success or failure of the business due to financial, familial, or ownership ties.

This definition ties "Related Parties" to entities under common control.

"Related Parties" means entities that are under common control, directly or indirectly, through ownership, management, or other means of influence.

This definition connects "Related Parties" to individuals with business relationships.

"Related Parties" refers to individuals who have significant business relationships with a party, such as executives, major shareholders, or key stakeholders.

This definition links "Related Parties" to overlapping financial interests.

"Related Parties" means parties that share overlapping financial interests, such as shared investments, joint ventures, or intercompany loans.

This definition applies "Related Parties" to affiliated businesses.

"Related Parties" refers to businesses that are affiliated through ownership, control, or other close relationships, such as subsidiaries, parent companies, or sister companies.

This definition ties "Related Parties" to individuals and their controlled entities.

"Related Parties" means individuals who control or own, directly or indirectly, entities that have a close business relationship with the party.

This definition connects "Related Parties" to shared investment interests.

"Related Parties" refers to stakeholders who share common investment interests in a company, such as co-investors, partners, or shareholders.

This definition links "Related Parties" to shared corporate governance.

"Related Parties" means entities or individuals that share common corporate governance, including having common directors, executives, or decision-makers.

This definition applies "Related Parties" to mutual economic interests.

"Related Parties" refers to individuals or entities that have mutual economic interests due to shared financial goals or business dealings.

This definition ties "Related Parties" to overlapping management teams.

"Related Parties" means entities whose management teams or key decision-makers overlap, leading to potential influence over business decisions and financial outcomes.

This definition connects "Related Parties" to shared customers.

"Related Parties" refers to business entities that share significant customers, suppliers, or other third-party relationships, creating a close business connection.

This definition links "Related Parties" to a common ownership structure.

"Related Parties" means entities that share a common ownership structure, whether through direct or indirect ownership, control, or familial ties.

This definition applies "Related Parties" to shared interests in contracts.

"Related Parties" refers to parties that have shared interests in the same contractual agreements, including co-investors, partners, or joint venture participants.

This definition ties "Related Parties" to individuals controlling financial decisions.

"Related Parties" means individuals who have control over significant financial decisions, either personally or through their influence over a company or organization.

This definition connects "Related Parties" to companies with shared strategic goals.

"Related Parties" refers to companies that pursue shared strategic objectives, often through joint ventures, alliances, or collaborative efforts.

This definition links "Related Parties" to cross-ownership arrangements.

"Related Parties" means entities that have cross-ownership arrangements, where one entity owns or controls shares in another, creating a direct or indirect relationship.

This definition applies "Related Parties" to shared business risks.

"Related Parties" refers to entities that share significant business risks, including financial exposure, liabilities, or operational risks.

This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.