Parent and Subsidiary Sample Clauses
Parent and Subsidiary. As used herein, the terms “parent” and “subsidiary” shall mean any present or future corporation which would be a “parent corporation” or a “subsidiary corporation” of the Corporation, as those terms are defined in Section 424 of the Internal Revenue Code of 1986.
Parent and Subsidiary. After the Closing, MBI will be a 100% wholly owned subsidiary of CINV and CINV will be eighty five percent (85%) owned by MGH.
Parent and Subsidiary. Upon closing, ALT will become the Parent Company and ABTIP will be a 100% wholly owned subsidiary of ALT, and eighty percent (80 %) of the Parent Company (ALT) will be owned by the shareholders of ABTIP, as of the closing date free of any liens or encumbrances.
Parent and Subsidiary. After the Closing, ECO EQUITY ZIMBABWE ((PTY)) LTD will be a 96 % owned subsidiary of CINV and CINV will be fifty six percent (56 %) owned by the Seller ,Eco Equity Limited, the UK Company.
Parent and Subsidiary. Merger Sub is a direct, wholly-owned subsidiary of Parent.
Parent and Subsidiary. Companies or Entities ------------------------------------------------ This Agreement applies to all parent, subsidiary or affiliate companies of Client.
Parent and Subsidiary. Companies or Entities This Consulting Agreement applies to all parent, subsidiary or affiliate Companies of CORPORATION.
Parent and Subsidiary. Merger Sub is a direct, wholly-owned subsidiary of Parent. 2 Articles of Merger and Effective Time. Following the approval of this Agreement, Parent shall cause to be filed articles of merger (the “Articles of Merger”) with the Secretary of State of the State of Nevada. The Merger will take effect on November 27, 2023 (the “Effective Time”).
Parent and Subsidiary acknowledge and agree that Com-Net LLC and the Members delivered the disclosure letter contemplated by the Purchase Agreement concurrent herewith rather than within ten (10) days following the execution of the Purchase Agreement and Parent and Subsidiary waive any claims against Com- Net LLC or the Members arising out of or related to the delivery of the disclosure letter concurrent herewith rather than within ten (10) days following the execution of the Purchase Agreement.