Other Parent definition

Other Parent means a Person of which the Borrower becomes a Subsidiary after the Closing Date, provided that either (x) immediately after the Borrower first becomes a Subsidiary of such Person, more than 50% of the Voting Stock of such Person shall be held by one or more Persons that held more than 50% of the Voting Stock of a Parent of the Borrower immediately prior to the Borrower first becoming such Subsidiary or (y) such Person shall be deemed not to be an Other Parent for the purpose of determining whether a Change of Control shall have occurred by reason of the Borrower first becoming a Subsidiary of such Person.
Other Parent means an individual who, in common with a deploying parent, is:
Other Parent means a Person of which Holdings becomes a Subsidiary after the Closing Date that is designated by Holdings as an “Other Parent” and solely for so long as Holdings remains a Subsidiary of such Person, provided that either (x) immediately after Holdings first becomes a Subsidiary of such Person, more than 50.0% of the Voting Stock of such Person shall be held by one or more Persons that held more than 50.0% of the Voting Stock of Holdings or a Parent Entity of Holdings immediately prior to Holdings first becoming such Subsidiary or (y) such Person shall be deemed not to be an Other Parent for the purpose of determining whether a Change of Control shall have occurred by reason of Holdings first becoming a Subsidiary of such Person. Holdings shall not in any event be deemed to be a “Parent Entity.”

Examples of Other Parent in a sentence

  • Other parent companies, including General Motors Acceptance Corp.


More Definitions of Other Parent

Other Parent means a Person of which the U.S. Parent Borrower becomes a Subsidiary after the Closing Date that is designated by the U.S. Parent Borrower as an “Other Parent” and solely for so long as the U.S. Parent Borrower remains a Subsidiary of such Person, provided that either (x) immediately after the U.S. Parent Borrower first becomes a Subsidiary of such Person, more than 50.0% of the Voting Stock of such Person shall be held by one or more Persons that held more than 50.0% of the Voting Stock of the U.S. Parent Borrower or a Parent Entity of the U.S. Parent Borrower immediately prior to the U.S. Parent Borrower first becoming such Subsidiary or (y) such Person shall be deemed not to be an Other Parent for the purpose of determining whether a Change of Control shall have occurred by reason of the U.S. Parent Borrower first becoming a Subsidiary of such Person. The U.S. Parent Borrower shall not in any event be deemed to be a “Parent Entity.”
Other Parent means an individual who, in common with a deploying parent, is one of the following:
Other Parent means, with respect to Barrick, Newmont and, with respect to Newmont, Barrick.
Other Parent means an individual who, in common with a deploying
Other Parent means an individual who, in addition
Other Parent as defined in the definition ofParent”.