Controlled Subsidiary Clause Samples
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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.
Controlled Subsidiary. Controlled Subsidiary" means a corporation with at least fifty percent (50%) of its outstanding capital stock owned directly or indirectly by HMI.
Controlled Subsidiary. 22 Costs.......................................................................32 CSA..........................................................................7 Department...................................................................1 Discharge...................................................................31
Controlled Subsidiary. 2.6(a) Cornerstone......................................................................
Controlled Subsidiary. 4 Corporate Trust Office.................................... 4 corporation............................................... 4 coupon.................................................... 4
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%.
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 ▇▇▇▇▇▇▇▇ Mortgage Company, LLC nor ▇▇▇▇▇▇▇ Title of ▇▇▇▇▇▇▇▇▇▇ County, Inc. shall constitute a Controlled Subsidiary.
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.