Examples of Indirect Subsidiaries in a sentence
Direct and Indirect Subsidiaries of JK Tyre & Industries Ltd.> Subsidiaries of CliniRx Research Pvt.
Indirect Subsidiaries (held through direct subsidiaries or other indirect subsidiaries) Apple General, Inc.
This international corporate structure had a business purpose as it was dictated by the complex laws and regulations of the various jurisdictions in which these corporations did business (as well as by the Edge Act) and it was created for the purpose of insulating and protecting BT’s assets.There were four corporations between BT and the Indirect Subsidiaries (“Intermediate Corporations”): BTE and BTFIC (“Immediate Parents”), as well as BIC and BTI.
This obstacle would later turn out to be the turning point of this year’s trophy.
Detailed information about the transactions performed during the year pertaining to Company’s Direct and Indirect Subsidiaries is provided in the accompanying notes to the consolidated financial statements for the year ending on December 31 in the “Note 28: Balances and Transactions with Related Parties” section.