Parent-subsidiary relationship definition

Parent-subsidiary relationship means a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.
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Parent-subsidiary relationship means a relationship that exists when one corporation directly or
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Parent-subsidiary relationship means “a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.” See State and Local Government Conflict of Interests Act, VA. Code § 2.2-3101.
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More Definitions of Parent-subsidiary relationship

Parent-subsidiary relationship means a relationship that exists when one
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Parent-subsidiary relationship means direct or indirect relationship where a resident entity is a holding entity or ultimate holding entity of another resident entity; a subsidiary of another resident entity; or a subsidiary of a non-resident entity, where the ultimate holding entity is a resident entity.
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Parent-subsidiary relationship means direct or indirect relationship where a resident entity is –
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Related to Parent-subsidiary relationship

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Substantial governmental relationship means the extent of a governmental relationship necessary under Ohio law to make an added guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from a clear commonality of interest in the event of an UST release such as conterminous boundaries, overlapping constituencies, common groundwater aquifer, or other relationship other than monetary compensation that provides a motivation for the guarantor to provide a guarantee.

  • Subsidiary means, with respect to any specified Person:

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 20% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.