Controlled Subsidiary Sample Clauses

Controlled Subsidiary. 2.6(a) Cornerstone .......................................................
Sample 1
AutoNDA by SimpleDocs
Controlled Subsidiary. 22 Costs.......................................................................32 CSA..........................................................................7 Department...................................................................1 Discharge...................................................................31
Sample 1
Controlled Subsidiary. Controlled Subsidiary" means a corporation with at least fifty percent (50%) of its outstanding capital stock owned directly or indirectly by HMI.
Sample 1
Controlled Subsidiary. A Controlled Subsidiary shall include each of the following: (a) Any corporation, association, partnership, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Person or Persons at least fifty percent (50%) (by number of votes or controlling interests) of the outstanding Voting Interests or of which the designated parent shall have control over day-to-day operations of such entity, (b) any corporation, association, partnership, trust or other business entity of which the designated parent shall at any time own directly or indirectly through a Person or Persons an ownership interest and which a Borrower designates as a Controlled Subsidiary by notice to the Agent pursuant to Section 7.5, and (c) any other entity the accounts of which are consolidated with the accounts of a Borrower in accordance with generally accepted accounting principles. Notwithstanding the foregoing, neither Xxxxxxxx Mortgage Company, LLC nor Xxxxxxx Title of Xxxxxxxxxx County, Inc. shall constitute a Controlled Subsidiary.
Sample 1
Controlled Subsidiary. The term "Controlled Subsidiary" means any partnership, corporation, association, trust, joint venture, unincorporated organization, consortia (including, without limitations, pure consortia, mandatory consortia or societa consortili) or other entity (or groups including any of the foregoing), directly or indirectly, controlled by Olsy as of the date hereof. Olsy shall be deemed to control any partnership, corporation, association, trust, joint venture, unincorporated organization, consortia (including, without limitations, pure consortia, mandatory consortia or societa consortili) or other entity (or groups including any of the foregoing) in which Olsy, directly or indirectly, owns or controls any shares of stock or other ownership interests having ordinary voting power to elect a majority of the board of directors or other governing body of such partnership, corporation, association, trust, joint venture, unincorporated organization, consortia (including, without limitations, pure consortia, mandatory consortia or societa consortili) or other entity (or groups including any of the foregoing) as of the date hereof. For the avoidance of any doubt, the term "Controlled Subsidiary" shall include, without limitation, Olsy France, Olsy UK and Olsy Germany. The term "Controlled Subsidiaries" means all of the foregoing.
Sample 1
Controlled Subsidiary. Any corporation, association, joint stock company, business trust or other similar organization of which more than 50% of the ordinary voting power for the election of a majority of the members of the board of directors or other governing body of such entity is held or controlled by the Borrower; or any other such entity the management of which is directly or indirectly controlled by the Borrower through the exercise of voting power or otherwise; or any joint venture, whether incorporated or not, in which the Borrower has an ownership interest of more than 50%.
Sample 1
Controlled Subsidiary. Any corporation 80% of whose voting stock (except for any qualifying shares) is owned directly or indirectly by the Borrower. Conversion/ Continuation Date: Any date on which under Section 2.5, the Borrower (a) converts Loans of one Type to another Type, or (b) continues as Loans of the same Type, but with a new Interest Period, Loans having Interest Periods expiring on such date. Credit: The aggregate amount of the Commitments of all Lenders to make Revolving Loans under the Revolving Credit Facility and Term Loans under the Term Loan Facility in an amount not to exceed Eight Hundred Million and no/100 Dollars ($800,000,000.00), as the same may be reduced under Section 2.10.
Sample 1
AutoNDA by SimpleDocs
Controlled Subsidiary. 4 Corporate Trust Office.................................... 4 corporation............................................... 4 coupon.................................................... 4
Sample 1

Related to Controlled Subsidiary

  • Subsidiary For purposes of this Agreement, the term “subsidiary” means any corporation or limited liability company of which more than 50% of the outstanding voting securities or equity interests are owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary.

  • Domestic Subsidiary Any Subsidiary of the Borrower that is organized under the laws of any political subdivision of the United States.

  • Excluded Subsidiaries The Borrower:

  • any Subsidiary of an Unrestricted Subsidiary The Issuer may designate any Subsidiary of the Issuer (including any existing Subsidiary and any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Equity Interests or Indebtedness of, or owns or holds any Lien on, any property of, the Issuer or any Subsidiary of the Issuer (other than solely any Subsidiary of the Subsidiary to be so designated); provided that

  • Subsidiary of an Unrestricted Subsidiary The Board of Directors of the Issuer may designate any Subsidiary of the Issuer (including any newly acquired or newly formed Subsidiary or a Person becoming a Subsidiary through merger, consolidation or other business combination transaction, or Investment therein) to be an Unrestricted Subsidiary only if:

  • Subsidiaries All of the direct and indirect subsidiaries of the Company are set forth on Schedule 3.1(a). The Company owns, directly or indirectly, all of the capital stock or other equity interests of each Subsidiary free and clear of any Liens, and all of the issued and outstanding shares of capital stock of each Subsidiary are validly issued and are fully paid, non-assessable and free of preemptive and similar rights to subscribe for or purchase securities. If the Company has no subsidiaries, all other references to the Subsidiaries or any of them in the Transaction Documents shall be disregarded.

Time is Money Join Law Insider Premium to draft better contracts faster.