immediate parent definition

immediate parent. , in relation to an entity, means11 a person that owns directly twenty-five percent or more of the ownership interests or voting rights in the entity;
immediate parent means any entity(ies) that own(s) directly 25% or more of the ownership or voting interests in the corporate and legal entity and the immediate parent may be a corporate or a non-corporate entity, for example a partnership11;
immediate parent shall have the meaning assigned to such term in Section 5.02(h) of the Master Agreement.

More Definitions of immediate parent

immediate parent. , in relation to an entity, means a person that owns directly twenty-five percent of the ownership interests in the entity.”; and
immediate parent means Primus Telecommunications International, Inc., a Delaware corporation, its successors and assigns; (gg) “Indentures” means:
immediate parent means Mirant ▇▇▇▇▇ Landing Holdings, LLC.
immediate parent shall have the meaning set forth in the Preamble hereto. "Indebtedness" with respect to any Person means any obligation of such Person for borrowed money, and in any event shall include (a) any obligation incurred for all or any part of the purchase price of property or other assets or for the cost of property or other assets constructed or of improvements thereto, other than accounts payable included in current liabilities and incurred in respect of property purchased in the Ordinary Course of Business, (b) the face amount of all letters of credit issued for the account of such Person, (c) obligations (whether or not such Person has assumed or become liable for the payment of such obligation) secured by Liens, (d) capitalized lease obligations, (e) all guarantees and similar obligations of such Person, (f) all accrued interest, fees and charges in respect of any Indebtedness and (g) all prepayment premiums and penalties, and any other fees, expenses, indemnities and other amounts payable as a result of the prepayment or discharge of any Indebtedness.
immediate parent means Summit Healthcare Operating Partnership, L.P., a Delaware limited partnership.
immediate parent means NRG ▇▇▇▇▇ Landing Holdings LLC.
immediate parent means Primus Telecommunications International, Inc., a Delaware corporation, its successors and assigns;