Non-subsidiary definition

Non-subsidiary means any corporation of which TRC does not own or control more than 50% of the U.S. or foreign corporation, company or other legal entity. Further, this license shall not be interpreted or construed to include any products or services of any third party that acquires TRC or any of TRC’s subsidiaries or affiliates, where such products or services (i) were in existence at the time of the acquisition or (ii) are new products or services developed by said third party subsequent to said acquisition.
Non-subsidiary means any corporation of which Tower does not own or control more than 50% of the U.S. or foreign corporation, company or other legal entity. Further, this license shall not be interpreted or construed to include any products or services of any third party that acquires Tower or any of Tower's subsidiaries or affiliates, where such products or services (i) were in existence at the time of the acquisition or (ii) are new products or services developed by said third party subsequent to said acquisition.
Non-subsidiary means any corporation of which Phase Forward does not own or control more than 50% of the U.S. or foreign corporation, company or other legal entity. This license shall not apply to any products or services acquired by Phase Forward from an entity identified in Appendix D. Further, this license shall not be interpreted or construed to include any products or services of any third party that acquires Phase Forward or any of Phase Forward’s subsidiaries or affiliates, where such products or services (i) were in existence at the time of the acquisition or (ii) are new products or services developed by said third party subsequent to said acquisition.

More Definitions of Non-subsidiary

Non-subsidiary means any corporation of which ELE does not own or control more than 50% of the U.S. or foreign corporation, company or other legal entity. Further, this license shall not be interpreted or construed to include any products or services of any third party that acquires ELE or any of ELE’s subsidiaries or affiliates, where such products or services (i) were in existence at the time of the acquisition or (ii) are new products or services developed by said third party subsequent to said acquisition.

Related to Non-subsidiary

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • 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.

  • Non-U.S. Subsidiary means any Subsidiary that is organized under the laws of a jurisdiction other than the United States of America or any State thereof or the District of Columbia.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.