Business Subsidiary definition

Business Subsidiary means each Subsidiary of Seller which comprises or conducts a part of the Business.
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Business Subsidiary shall have the meaning set forth in the preamble hereof.
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Business Subsidiary has the meaning set forth in Section 2.1(n).
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Examples of Business Subsidiary in a sentence

  • If GROUP is a subsidiary of a parent company, please attach addendum including the following information for the parent company and each other subsidiary owned by parent, if applicable: Parent’s Name, Subsidiary’s Name, Federal Tax ID #, Address, Date Parent Business/ Subsidiary started, Total # of Employees, Total # of Eligible Employees, and an estimated # of eligible Employees enrolling.

  • Each Data Business Subsidiary shall be permitted to transfer assets and liabilities owned or owed by it comprising the Data Business (as determined in good faith by any Executive Officer of the Company) to the Company.

  • True and complete copies of all minute books and all stock record books of each Business Subsidiary have heretofore been delivered to Purchaser.

  • Neither Seller nor any Business Subsidiary is subject to any judgment, order or decree which may have an a Material Adverse Effect on the Assets or on Seller's ability to acquire any property or conduct its business in any area.

  • All the outstanding capital stock of each Business Subsidiary which is owned by Seller or an Affiliate of Seller is free and clear of all Encumbrances and all material claims or charges of any kind, and is validly issued, fully paid and nonassessable, and there are no outstanding options, rights or agreements of any kind relating to the issuance, sale or transfer of any capital stock or other equity securities of any such Business Subsidiary.

  • Neither Seller nor any Business Subsidiary is a party to any lease, assignment or similar arrangement under which Seller or any Business Subsidiary is a lessor, assignor or otherwise makes available for use by any third party any portion of the Real Property.

  • In the following section the literature on PFSCs is discussed and the key issues and challenges identified in the relevant literature are discussed.

  • Section 4.4 of the Disclosure Schedule sets forth the name, jurisdiction of incorporation or formation and authorized and outstanding capital of each Business Subsidiary and the jurisdictions in which each Business Subsidiary is qualified to do business.

  • The Company may issue notes to any Data Business Subsidiary in consideration for all or a portion of the purchase price for such assets.

  • Temperatures of frozen items shall not exceed 0 Degrees F and the temperature of fresh items shall not exceed 45 Degrees F.


More Definitions of Business Subsidiary

Business Subsidiary means Leisure Plan, Inc., a Florida corporation.
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Business Subsidiary means each of NETg S.A. ("NETg France"), NETg GmbH ("NETg Germany"), NETg Australia Pty Ltd ("NETg Australia"), Thomson NETg Ltd ("NETg UK") and Wave Technologies Limited ("Wave").
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Related to Business Subsidiary

  • Parent Subsidiary means any Subsidiary of Parent.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Domestic business entity means a corporation, as defined in s. 180.0103 (5), a domestic limited liability company, a partnership, as defined in s. 178.0102 (11), a limited partnership, as defined in s. 179.01 (7), or a corporation, as defined in s. 181.0103 (5).

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Foreign business entity means a foreign limited liability company, as defined in s. 183.0102 (8), a foreign partnership, as defined in s. 178.0102 (6), a foreign limited partnership, as defined in s. 179.01 (4), a foreign corporation, as defined in s. 180.0103 (9), or a foreign corporation, as defined in s. 181.0103 (13).

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Retained Subsidiaries means all of the direct and indirect Subsidiaries of Seller other than the Purchased Subsidiaries.

  • Company Subsidiary means a Subsidiary of the Company.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Business entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • 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.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Group Business Entity means;

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Acquired Entities means the Company and the Company Subsidiaries.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.