Current Subsidiary definition
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”.
Current Subsidiary means any Person in which the Company on the Effective 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”.
Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns at least 25% of the outstanding capital stock or holds at least 25% of the outstanding equity or similar interest of such Person or (ii) controls the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.
Examples of Current Subsidiary in a sentence
The Company owns, directly or indirectly, all of the share capital or other equity interests of each Current Subsidiary as set forth in the SEC Reports free and clear of any Liens, options or warrants, and all of the issued and outstanding share capital of each Current Subsidiary is validly issued and is fully paid, non-assessable and free of preemptive and similar rights to subscribe for or purchase securities.
More Definitions of Current Subsidiary
Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns more than fifty percent (50%) of the outstanding voting power of the capital stock or equity or similar interests of such Person entitled (without regard to the occurrence of any contingency, but after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in the election of directors, managers or trustees, as applicable, of such Person; or (ii) controls the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”. For purposes of this definition, “control” means the power to direct the management and the policies of such Person, whether through the ownership of voting capital, by contract or otherwise.
Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly,
Current Subsidiary means any Person in which the Parent or ICA-T on the Subscription Date, directly or indirectly, (i) owns a majority of the outstanding capital stock, voting stock or holds a majority of the equity or similar interest of such Person or (ii) controls or operates a substantial portion of the business, operations, management or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.
Current Subsidiary means any Person that is a Subsidiary of a Party as of the Effective Date.
Current Subsidiary means any Person in which the Company, as of the Subscription Date, directly or indirectly,
Current Subsidiary means any Person in which the Company on the Subscription Date,
Current Subsidiary means any Person in which the Company, on the Subscription Date, directly or indirectly, (i) owns a majority of the outstanding capital stock or holds any equity or similar interest of such Person having ordinary voting power for the election of directors or other similar governing body or (ii) controls, manages or operates all, or any material part of the business, operations and/or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”; provided that neither Buckeye Hydrogen Hub Holdings, LLC nor any entity in which it has a direct or indirect ownership interest shall be considered Current Subsidiaries for purposes of the Indenture, the applicable Supplemental Indenture or the Notes issued thereunder.