80% Parent definition

80% Parent means a Person that directly or indirectly owns, controls, or holds securities representing at least eighty percent (80%) of the ordinary voting power or, in the case of a partnership, at least eighty percent (80%) of the general partnership interests of the Party on such date.
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Examples of 80% Parent in a sentence

  • In accordance with the agreement, bank guarantees are obtained for a certain ratio of the customer risk, amounting to 3.3 billion full TL as of the agreement date (Participation Ratio 80% Parent Bank-20% Bank).

  • Currently, we have approximately 80 Parent Volunteers who are registered through the Parent Center and who assist with supervision and provide support to the various offices, in addition to helping in classrooms.

  • It is also intended by the Company that the Merger shall constitute a reorganization within the meaning of Section 368 of the Internal Revenue Code of 1986, as amended (the "Code"); provided, however, that the parties hereto acknowledge that such a reorganization within the meaning of Section 368 of the Code is contingent on the Merger Consideration consisting of at least eighty percent (80%) Parent Common Stock.

  • Student Attendance results 2015-2016 - 91% (April) 2016-2017 - 90% (April) D.Parent Engagement Parent Surveys received 56% Parent Participation - Attend 2 or more events 80% Parent Survey - 80% attended 2 or more events E.

  • Termination (Page 80) Parent, Merger Sub and the Company may mutually agree to terminate the merger agreement at any time prior to the effective time of the merger, even after our stockholders have adopted the merger agreement at the special meeting.

  • The European Communities explained at the oral hearing that it was making its assertion on appeal "in response to the Panel finding".383Appellate Body Report, Canada – Aircraft, para.

  • We are now in a position to provide a de- tailed derivation of the proposed scheme (3.3).

  • Subject to the foregoing, Parent shall use its reasonable best efforts to ensure that all payments made pursuant to this Agreement consist of at least 80% Parent Common Stock and no more than 20% cash.

  • Each of the Company and 80 Parent shall use its reasonable best efforts to ensure that the Registration Statement and the Proxy Statement/Prospectus comply as to form in all material respects with the rules and regulations promulgated by the SEC under the 1933 Act and the 1934 Act, respectively.

  • If the Put Right or the Call Right were exercised and Parent’s aggregate ownership interest in CPS were to increase to 80%, Parent would be able to acquire the remaining 20% of CPS from the Company through a merger of CPS with another Parent-controlled entity.

Related to 80% Parent

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • Merger Subsidiary shall have the meaning set forth in the preamble to this Agreement.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Seller Parent has the meaning set forth in the Preamble.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Merger Sub has the meaning set forth in the Preamble.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Birth parent means the child's biological parent and, for purposes of adoptive placement, means

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Buyer Parent has the meaning set forth in the Preamble.

  • MergerSub has the meaning set forth in the Preamble.

  • Acquiror has the meaning specified in the Preamble hereto.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Blocker has the meaning set forth in the preamble.

  • Merger Sub 2 shall have the meaning given in the Recitals hereto.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.