Parent definition

Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

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Parent has the meaning set forth in the Preamble.

Parent means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company if each of such corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

Examples of Parent in a sentence

All of the outstanding partnership interests of Parent have been, and after the Closing will be, duly authorized and were issued in compliance with all applicable federal and state securities laws.
No other corporate action by Parent or the Company or vote of holders of any class of the capital stock of Parent or the Company is necessary to approve and adopt this Agreement and to satisfy its obligations under this Agreement.
This Agreement has been duly executed and delivered by P▇▇▇▇▇ and the Company and, assuming the due authorization, execution and delivery by Stockholder, this Agreement constitutes a legal, valid and binding obligation of Parent and the Company, respectively, enforceable against Parent and the Company, respectively, in accordance with its terms, subject to the Bankruptcy and Equity Exception.
As of the Rollover Closing, except to the extent set forth in the Partnership Agreement, there shall be no statutory or contractual preemptive rights, rights of first refusal or similar restrictions with respect to the issuance of the Parent Partnership Interests.
The obligations of Parent and Stockholder to consummate the Rollover Closing shall be subject only to the substantially simultaneous, but subsequent, consummation of the Merger in accordance with the terms and conditions of the Merger Agreement.

More Definitions of Parent

Parent means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company, if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. A corporation that attains the status of a Parent on a date after the adoption of the Plan shall be considered a Parent commencing as of such date.

Parent has the meaning set forth in the preamble to this Agreement.

Parent means parent, guardian or person in parental relation to a student.

Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

Parent means any parent corporation of the Company within the meaning of Section 424(e) of the Code.

Parent has the meaning set forth in the first paragraph of this Agreement.

Parent has the meaning specified in the introductory paragraph hereto.