Parent Subsidiary definition

Parent Subsidiary means any Subsidiary of Parent.
Parent Subsidiary means a Subsidiary of Parent.
Parent Subsidiary means the Parent Operating Partnership and any corporation, other 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 (a) Parent and/or the Parent Operating Partnership 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, (b) Parent and/or any Person that is a Parent Subsidiary by reason of the application of clause (a) or clause (c) of this definition of “Parent Subsidiary” is a general partner, manager, managing member, trustee, director or the equivalent, or (c) Parent and/or the Parent Operating Partnership, 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 would not reasonably be expected to be, individually or in the aggregate, material to Parent and the Parent Subsidiaries, taken as a whole, Parent and each Parent Subsidiary has good and valid title to or a valid leasehold interest in all of the material properties and tangible assets reflected in the Parent Financial Statements as being owned or leased, as applicable, by it, free and clear of all Liens, except for Permitted Liens.

Neither Parent nor any Parent Subsidiary has participated in any “listed transaction” within the meaning of Treasury Regulations Section 1.6011-4(b)(2).

None of Parent, any Parent Subsidiary or, to the Knowledge of Parent, any of their officers, directors, employees or agents has made or authorized any bribe, rebate, payoff, influence payment, kickback or other unlawful payment of funds or received or retained any funds in violation of any applicable Anti-Corruption Law.

None of Parent, any Parent Subsidiary or, to the Knowledge of Parent, any of their officers, directors, employees or agents has received an allegation or whistleblower complaint, or is the subject of any investigation, regarding noncompliance by such Persons with any Anti-Corruption Law.

None of Parent, any Parent Subsidiary or, to the Knowledge of Parent, any of their officers, directors or employees are the subject of any allegation, voluntary disclosure, investigation, prosecution or other enforcement action related to the FCPA or any other Anti- Corruption Law.


More Definitions of Parent Subsidiary

Parent Subsidiary means each direct and indirect, wholly-owned subsidiary of Parent.
Parent Subsidiary means (a) any corporation of which more than fifty percent (50%) of the outstanding voting securities is, directly or indirectly, owned by Parent, and (b) any partnership, limited liability company or other entity of which more than fifty percent (50%) of the total equity interest is, directly or indirectly, owned by Parent or of which Parent or any Parent Subsidiary is a general partner, manager, managing member or the equivalent.
Parent Subsidiary has the meaning set forth in Section 3.1(c).
Parent Subsidiary means each Subsidiary of Parent.
Parent Subsidiary means any direct or indirect Subsidiary of Parent.
Parent Subsidiary means any Subsidiary of the Company, including the Issuer.
Parent Subsidiary means any direct or indirect Subsidiary of the Company or Parent, respectively.