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Related Person definition: Copy, customize, and use instantly

Introduction

The term "Related Person" refers to individuals or entities that are closely connected with another entity, typically through familial ties, ownership, or control. It is crucial for defining relationships in contracts, particularly in financial, corporate, and legal contexts.

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

This definition ties "Related Person" to its use in family contexts.

"Related Person" means a person who is related to another by blood, marriage, or other familial ties, including parents, children, siblings, and spouses.

This definition connects "Related Person" to ownership or control contexts in business.

"Related Person" refers to any individual or entity that holds a controlling interest in a company or is controlled by the company, including parent companies, subsidiaries, and affiliates.

This definition links "Related Person" to tax regulations.

"Related Person" means a person or entity that is closely connected with another under tax laws, including direct or indirect ownership interests, family relations, or business partnerships.

This definition ties "Related Person" to financial agreements.

"Related Person" refers to any individual or entity that has a direct or indirect financial relationship with another party, including through ownership, management, or other financial ties.

This definition connects "Related Person" to real estate transactions.

"Related Person" means any person or entity that has a familial, business, or financial relationship with a party to the real estate transaction, including close relatives or business partners.

This definition links "Related Person" to governance or regulatory matters.

"Related Person" refers to individuals or entities that have a familial or financial interest in the decisions or operations of a company, such as directors, officers, and major shareholders.

This definition ties "Related Person" to insider trading rules.

"Related Person" means an individual who is connected to a company in such a way that they have access to non-public information, including executives, family members, or business partners.

This definition connects "Related Person" to its use in contractual agreements.

"Related Person" refers to any individual or entity that has a close relationship with one of the parties to the contract, including directors, officers, and significant shareholders.

This definition links "Related Person" to lending contexts.

"Related Person" means a person or entity that is connected to the borrower or lender by family, ownership, or financial interests, and whose relationship may affect the loan terms or conditions.

This definition ties "Related Person" to affiliate relationships.

"Related Person" refers to any individual or entity that has a significant business or financial relationship with an affiliate, such as shared ownership or control.

This definition connects "Related Person" to reporting obligations.

"Related Person" means an individual or entity that must be disclosed in tax filings due to their relationship with the taxpayer, including family members or entities under common control.

This definition links "Related Person" to ownership structures.

"Related Person" refers to an individual or entity that owns or controls a significant percentage of a company’s shares, including family members and entities under common control.

This definition ties "Related Person" to related party transactions.

"Related Person" means any individual or entity with which a party has a relationship that could influence the terms of a transaction, including family members, major shareholders, or affiliates.

This definition connects "Related Person" to franchise relationships.

"Related Person" refers to an individual or entity that has a familial or financial connection to the franchisor or franchisee, including relatives or associated business entities.

This definition links "Related Person" to mergers and acquisitions.

"Related Person" means any individual or entity that is connected to the parties involved in the merger or acquisition through family, ownership, or control, and whose relationship may affect the transaction.

This definition ties "Related Person" to insurance agreements.

"Related Person" refers to an individual or entity that has a close relationship with the insured or insurer, such as family members or entities under common control.

This definition connects "Related Person" to employee benefit programs.

"Related Person" means a family member or entity closely associated with an employee, where the relationship may affect the administration or eligibility of benefits under the plan.

This definition links "Related Person" to investment arrangements.

"Related Person" refers to individuals or entities that have a financial relationship with the investor, such as family members, partners, or affiliates who may impact investment decisions.

This definition ties "Related Person" to corporate lending contexts.

"Related Person" means any individual or entity whose relationship with the borrower or lender could influence the loan terms, including officers, directors, or major shareholders.

This definition connects "Related Person" to intellectual property transactions.

"Related Person" refers to individuals or entities that have a close relationship with the intellectual property holder, such as family members or business affiliates, and whose interests may impact the licensing or sale of intellectual property.

This definition links "Related Person" to tax avoidance concerns.

"Related Person" means an individual or entity that is connected to a taxpayer in a way that may raise concerns of tax avoidance, including through family ties, ownership, or control.

This definition ties "Related Person" to financial disclosures.

"Related Person" refers to individuals or entities whose relationship with the reporting entity must be disclosed in the financial statements due to the potential influence on the company’s financial position.

This definition connects "Related Person" to conflict of interest disclosures.

"Related Person" means a person or entity whose relationship with another party may create a conflict of interest, requiring disclosure under corporate governance policies or regulations.

This definition links "Related Person" to compliance programs.

"Related Person" refers to any individual or entity whose relationship with the company could impact compliance with regulatory or legal requirements, including relatives or associated businesses.

This definition ties "Related Person" to accounting standards.

"Related Person" means an individual or entity that is required to be identified in financial accounting reports due to the potential impact of their relationship on the company’s financial results.

This definition connects "Related Person" to corporate disclosure obligations.

"Related Person" refers to any individual or entity that must be disclosed in corporate filings because their relationship with the company could affect financial reporting or governance.

This definition links "Related Person" to shareholder agreements.

"Related Person" means an individual or entity with a relationship to the shareholder, such as a family member, partner, or affiliate, whose interests may impact shareholder agreements.

This definition ties "Related Person" to commercial agreements.

"Related Person" refers to an individual or entity that is closely connected to one of the contracting parties, such as through ownership, control, or family ties.

This definition connects "Related Person" to joint venture agreements.

"Related Person" means any individual or entity that is involved in a joint venture with a company or individual, including affiliates or related business entities.

This definition links "Related Person" to supply chain management.

"Related Person" refers to a person or entity involved in the supply chain of a company, such as suppliers, distributors, or related businesses with common ownership.

This definition ties "Related Person" to governance matters.

"Related Person" refers to individuals or entities that are closely associated with directors or officers of the company, including family members, business partners, or affiliates.

This definition connects "Related Person" to nonprofit entities.

"Related Person" means any individual or entity that has a direct or indirect relationship with the nonprofit organization, including employees, board members, or significant donors.

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.

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