Subsidiary definition

Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.
Subsidiary means an entity in which more than 50 percent of the entity is owned—
Subsidiary means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

Examples of Subsidiary in a sentence

  • The report also stated that Iran has not responded to requests for further access to heavy water production plants and is not implementing the provisions of the modified Code 3.1 of the Subsidiary Arrangements General Part to Iran’s Safeguards Agreement.

  • It urges Iran to abide by revised Code 3.1 of its Subsidiary Arrangements and implement the Additional Protocol.

  • The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: the POEs shall have failed to perform any of their material obligations under their respective Subsidiary Loan Agreements.


More Definitions of Subsidiary

Subsidiary means, with respect to any specified Person:
Subsidiary means, with respect to any Person:
Subsidiary with respect to any Person, shall mean any corporation, limited liability company, partnership, joint venture, trust or other entity of which a majority of the voting power of the voting equity securities or equity interest is owned, directly or indirectly, by that Person.
Subsidiary of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Borrower.
Subsidiary means a Subsidiary of the Borrower.
Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.
Subsidiary means any subsidiary of the Company as set forth on Schedule 3.1(a), and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.