Define: related party
What does "related party" mean? The meaning differs based on the contract. We found 4 definitions across 3 companies in SEC filings.
Definition 1 (AXON ENTERPRISE, INC., seen in 1 filing)
related party means (1) a parent, subsidiary, affiliate, or other entity having common ownership of, or sharing common management with, the Construction Manager; (2) any entity in which any stockholder in, or management employee of, the Construction Manager holds an equity interest in excess of ten percent in the aggregate; (3) any entity which has the right to control the business or affairs of the Construction Manager; or (4) any person, or any member of the immediate family of any person, who has the right to control the business or affairs of the Construction Manager.
Source: AXON ENTERPRISE, INC. 10-K
Definition 2 (ECOLAB INC., seen in 1 filing)
related party means in respect of any person, any affiliate of that person or any officer, director, employee or agent of that person or any such affiliate or any person by whom any of them is controlled for the purposes of the Securities Act.
Source: ECOLAB INC. 10-K
Definition 3 (Apollo Global Management, Inc., seen in 1 filing)
related party means with respect to any Limited Partner (a) any spouse, child, parent or other lineal descendant of such Limited Partner or such Limited Partner s parent, or any natural Person who occupies the same principal residence as the Limited Partner (b) any trust or estate in which the Limited Partner and any Related Party or Related Parties (other than such trust or estate) collectively have more than 80 percent of the beneficial interests (excluding contingent and charitable interests) (c) any entity of which the Limited Partner and any Related Party or Related Parties (other than such entity) collectively are beneficial owners of more than 80 percent of the equity interest and (d) any Person with respect to whom such Limited Partner is a Related Party.
Source: Apollo Global Management, Inc. 10-Q
Definition 4 (Apollo Global Management, Inc., seen in 1 filing)
related party means any person or entity that directly or indirectly controls, is controlled by, or is under common control with the Company.
Source: Apollo Global Management, Inc. 10-Q
Data extracted from 5 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.