Customer Subsidiary definition

Customer Subsidiary means an entity, excluding any EDA Competitor, controlled by Customer. For purposes of this definition ‘control’ means the direct or indirect ownership of more than 50% of the voting securities of an entity.
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Customer Subsidiary means any entity (i) of which 100% of the outstanding shares or securities (representing the right to vote for the election of directors or other managing authority of such entity) are owned or controlled, directly or indirectly, by CUSTOMER as of the Effective Date; or (ii) that does not have outstanding shares or securities (as may be the case in a partnership, limited liability company, joint venture or unincorporated association), but of which 100% of the ownership interest representing the right to make decisions for such entity is owned or controlled, directly or indirectly, by CUSTOMER as of the Effective Date.
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Customer Subsidiary means an entity, excluding any PA Competitor, controlled by Customer. For purposes of this definition ‘control’ means the direct or indirect ownership of more than 50% of the voting securities of an entity.
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Examples of Customer Subsidiary in a sentence

  • Customer agrees to fulfill the obligations of any such Customer Subsidiary in the event of default.

  • Any Customer Subsidiary may enter into an Order under the Agreement for its own internal use provided the Agreement is referenced in the applicable Order.

  • Some solutions may have alternate safeguards outlined in the applicable order or other Contracts as agreed with Customer or the applicable Customer Subsidiary.

  • CUSTOMER will be responsible for any breach of this Section 10.10 by its, and its successors’ and permitted assigns’, affiliates (including any Customer Subsidiary), employees, officers, directors and agents.

  • Fixed-term Contracts As at the LPD, our subsisting fixed-term contracts are as follows: Customer Subsidiary Services ProvidedContract Start DateContract DurationCurrent Contract ValidityTrendz360 Philippines Inc Customer Subsidiary Services ProvidedContract Start DateContract DurationCurrent Contract ValidityGrey and Sanders Singapore Pte Ltd Notes:(1) As at the LPD, the contract has not been terminated and is ongoing.

  • The team recommended the following: an analysis and reconciliation of the Consumer Accounts Receivable against Individual Customer Subsidiary Ledger and initiate strategies/activities to improve collection efficiency and system loss.

  • The Parties intend for all rebate, incentive, bonus, allowance and similar payments payable by Core-Mark to Customer pursuant to this Agreement will be paid solely to Customer (and not any to any Customer Subsidiary) and then allocated by Customer to its Customer Subsidiaries for all tax and financial reporting purposes; it being understood that Customer shall be the sole party responsible for any intercompany allocations.

  • In the event that a Customer Subsidiary with a location outside of the United States is purchasing Services under this MSA (“Customer International Subsidiary”), (i) such Customer International Subsidiary shall enter into a Service Order and/or SOW directly with the Spyglass local affiliate (“Spyglass Local Affiliate”) for such Services, and (ii) Customer shall execute a local country addendum specifying any local country required terms.


More Definitions of Customer Subsidiary

Customer Subsidiary means an entity, excluding any PA Competitor, controlled by Customer. For purposes of this definition ‘control’ means the direct or indirect ownership of more than 50% of the voting securities of an entity. Where the parties have agreed to a different definition regarding which entities may use PA Offerings (other than Customer), "Customer Subsidiaries" will have the meaning ascribed to it in those different terms.
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Related to Customer Subsidiary

  • Customer Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Customer, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise;

  • Company Subsidiary means any Subsidiary of the Company.

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

  • Seller Affiliate means any Affiliate of Seller.

  • Customer Group means Customer and any of its Affiliates;

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • 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.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • Supplier Group means the Supplier and its Affiliates from time to time and "Supplier Group Company" means any company or corporation within the Supplier Group;

  • Acquired Entities means the Company and the Acquired Subsidiaries.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • 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.

  • Major Subsidiary means any Subsidiary (a) more than 50% of the voting securities of which is owned directly or indirectly by Altria, (b) which is organized and existing under, or has its principal place of business in, the United States or any political subdivision thereof, Canada or any political subdivision thereof, any country which is a member of the European Union on the date hereof (other than Greece, Portugal or Spain) or any political subdivision thereof, or Switzerland, Norway or Australia or any of their respective political subdivisions, and (c) which has at any time total assets (after intercompany eliminations) exceeding $1,000,000,000.

  • Group Company of a Company means

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Non-U.S. Subsidiary means a Subsidiary of the Borrower 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.

  • Target Companies means the Target and its Subsidiaries.

  • License Subsidiary means a direct or indirect wholly-owned Restricted Subsidiary of the Parent Borrower substantially all of the assets of which consist of Broadcast Licenses and related rights.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Group Companies means the Company and its Subsidiaries.