Parent Owner definition

Parent Owner has the meaning set forth in Section 2(b).
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Parent Owner means any Person that controls, directly or indirectly, Owner. For the purposes of this definition, the term “control” (including the terms “controlling,” “controlled by” and “under common control with”) of a Person means the possession, directly or indirectly, of the power: (i) to vote more than fifty percent (50%) of the voting stock of such Person; or (ii) to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting stock, by contract or otherwise.
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Examples of Parent Owner in a sentence

  • This Agreement creates rights in favor of Parent, Owner, Manager and Silver Bay Trust only, and shall not be construed as creating any rights enforceable by any other Person.

  • No investment banker, broker, finder or other intermediary is entitled to a fee or commission from Parent, Owner, Merger Sub or the Company in respect of this Agreement or the Merger Agreement based upon any arrangement or agreement made by or on behalf of such Stockholder.

  • The terms “Agreement” and this “Agreement” means this Management Agreement by and among Parent, Owner and Manager, and any amendments thereto as may be from time to time agreed to in writing by the parties.

  • No action or proceeding shall have been instituted or threatened by third parties against the Parent, Owner, Company or Buyer to restrain or prohibit or to obtain damages in respect of the transactions contemplated by this Agreement.

  • Notwithstanding the exhaustion of all amounts in the Retention Escrow or the amounts in the Retention Escrow and the Incentive Pool for any given claim that is not satisfied by Parent, Owner shall continue to have recourse against amounts subsequently retained in the Retention Escrow or accumulated in the Incentive Pool for the outstanding amount of such claim or future claims.

  • No action or proceeding shall have been instituted or threatened by third parties against the Parent, Owner, NLS or Buyer to restrain or prohibit or to obtain damages in respect of the transactions contemplated by this Agreement.

  • Purchaser acknowledges and agrees that the provisions of this Section 12 were a material factor in Seller’s acceptance of the Purchase Price and Seller is unwilling to consummate the transaction contemplated by this Agreement unless Seller, Parent, Owner and Seller’s Affiliates are expressly released, but only to the extent expressly set forth herein.

  • On the Closing Date, representatives of Purchaser and Seller shall take an inventory of (i) all baggage, valises and trunks checked or left in the care of Seller, Parent, Owner or Manager.

  • Capitalized Terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Master Lease Agreement entered into on [.], 2012 between Buyer Parent, Owner and Indosat (the “MLA”).

  • PT INDOSAT TBK By: Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: President Director & CEO By: Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director & Chief Financial Officer PT SOLUSI MENARA INDONESIA By: Name: Title: This JOINDER AGREEMENT (“Indosat Joinder Agreement”) is executed as of [•] by Buyer Parent, Owner, Indosat and [•] (“Transferee”) in accordance with the Master Lease Agreement dated as of [•] by and among Indosat, Owner and Buyer Parent (the “MLA”).