Parent Subsidiary definition

Parent Subsidiary means any Subsidiary of Parent.
Parent Subsidiary means each Subsidiary of Parent.
Parent Subsidiary means any corporation, partnership, limited liability company, joint venture, business trust, real estate investment trust or other organization, whether incorporated or unincorporated, or other legal entity of which (i) Parent directly or indirectly owns or controls at least a majority of the capital stock or other equity interests having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions, (ii) Parent and/or any Person that is a Parent Subsidiary by reason of the application of clause (i) or clause (iii) of this definition of “Parent Subsidiary” is a general partner, manager, managing member, trustee, director or the equivalent, or (iii) Parent, directly or indirectly, holds a majority of the beneficial, equity, capital, profits or other economic interest.

Examples of Parent Subsidiary in a sentence

  • Except as set forth in Section 4.7 of the Parent Disclosure Schedule there are no claims, actions, suits, proceedings or investigations pending or, to the Knowledge of Parent, threatened against Parent or any Parent Subsidiary, (i) made or instituted by any shareholder of Parent or (ii) that seek to, directly or indirectly, prevent, enjoin, alter, or materially delay the Merger or any of the other transactions contemplated hereby.


More Definitions of Parent Subsidiary

Parent Subsidiary means any direct or indirect Subsidiary of the Company or Parent, respectively.
Parent Subsidiary means each direct and indirect, wholly-owned subsidiary of Weatherford Parent.
Parent Subsidiary means any direct or indirect Subsidiary of Parent.
Parent Subsidiary means any corporation of which the outstanding securities having ordinary voting power to elect a majority of the board of directors are directly or indirectly owned by Parent.
Parent Subsidiary has the meaning set forth in Section 5.3(a).
Parent Subsidiary. Section 4.3(a)
Parent Subsidiary will mean any direct or indirect Subsidiary of the Company or Parent, respectively, and, in the case of Parent, will include Merger Sub prior to the Effective Time and the Surviving Corporation as of and after the Effective Time.