Parent Subsidiary definition

Parent Subsidiary means any 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 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

  • None of Parent, Merger Sub or any Parent Subsidiary beneficially owns any Company Shares as of the date hereof.

  • Neither Parent nor any Parent Subsidiary nor any of their respective officers or directors on behalf of Parent or such Parent Subsidiary has employed any financial advisor, broker or finder or incurred any liability for any financial advisory, broker’s fees, commissions or finder’s fees in connection with any of the Transactions.

  • There are no Proceedings pending, or, to the Knowledge of Parent, threatened against Parent or any Parent Subsidiary or any of their respective assets or properties or any of the officers or directors of Parent or any Parent Subsidiary that, individually or in the aggregate, has had or would reasonably be expected to have a Parent Material Adverse Effect.

  • Neither Parent nor any Parent Subsidiary, nor any of their respective assets or properties is or are subject to any Order that, individually or in the aggregate, has had or would reasonably be expected to have a Parent Material Adverse Effect.


More Definitions of Parent Subsidiary

Parent Subsidiary means each direct and indirect, wholly-owned subsidiary of Weatherford Parent.
Parent Subsidiary or "Parent Subsidiaries" mean each corporation of which Parent owns, directly or indirectly, capital stock representing more than 50% of the outstanding voting stock. Parent Subsidiary or Parent Subsidiaries shall not include Sub or any Sub Subsidiary.
Parent Subsidiary has the meaning set forth in Section 5.2(a).
Parent Subsidiary. Section 4.3(a)
Parent Subsidiary has the meaning set forth in Section 3.1(c).
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.
Parent Subsidiary means each Subsidiary of Parent, including Merger Sub and, after the Effective Time, WRECO and the WRECO Subsidiaries.