Managed Subsidiary definition

Managed Subsidiary and “Managed Subsidiaries” have the meanings set forth in the first paragraph of this Agreement.

Managed Subsidiary shall have the meaning set forth in the Recitals hereto.

Managed Subsidiary has the meaning set forth in the Management Services Agreement.

Examples of Managed Subsidiary in a sentence

• The Company and each Managed Subsidiary represents that the engagement of the Manager has been duly authorized by the Company and each Managed Subsidiary and is in accordance with all governing documents of the Company and each Managed Subsidiary.

• The Company and each of the Managed Subsidiaries hereby jointly and severally agree to appoint the Manager to manage their business and affairs under the supervision and control of the Board of Directors of the Company and such Managed Subsidiary and to perform the Services in accordance with the terms of this Agreement.

• The Company covenants and agrees to cause any Managed Subsidiary created or acquired after the date of this Agreement to execute a counterpart of this Agreement agreeing to be bound by the terms hereunder.

• Informal authority (or structure) includes the patterns of relationships and communications that evolve as employees interact and communicate to get their jobs done.

• The Company covenants and agrees to cause any Managed Subsidiary created or acquired after the date hereof that execute a counterpart to the Management Services Agreement to execute a counterpart of this Agreement agreeing to be bound by the terms hereunder simultaneously with its execution of the counterpart to the Management Services Agreement.

More Definitions of Managed Subsidiary

Managed Subsidiary has the meaning set forth in Section 10.1 hereof.

Managed Subsidiary means Macquarie Infrastructure Company Inc., Macquarie Yorkshire LLC, South East Water LLC, Communications Infrastructure LLC, and, any directly owned Subsidiary of the Company that becomes party to the Management Services Agreement, from time to time.

Managed Subsidiary has the meaning set forth in Section 8.01 hereof.

Managed Subsidiary means Macquarie Infrastructure Company Inc., Macquarie Yorkshire LLC, South East Water LLC, Communications Infrastructure LLC, and, any directly owned Subsidiary of the Sponsor that becomes party to the Management Services Agreement, from time to time.

Managed Subsidiary means MIC Corp. and any other directly owned Subsidiary of the Company as from time to time may exist and that has executed a counterpart to the Management Services Agreement in accordance with its terms.

Managed Subsidiary means, as to Buyer, an Affiliate of Buyer (i) in which Buyer has, directly or indirectly, a majority ownership interest and (ii) as to which Buyer has day-to-day management control, specifically including, without limitation, as of the date hereof, Time Warner Entertainment Company L.P. and Time Warner Entertainment/Advance Newhouse Partnership.

Managed Subsidiary has the meaning set forth in Section 13.1(i).