STAR-SUB definition

STAR-SUB means a wholly-owned subsidiary of STAR; and
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Examples of STAR-SUB in a sentence

  • Following the formation of the Corporation, the Shareholders agree to vote their Shares so that the Board of Directors will consist of five persons, three of whom will be nominees of GSAT-SUB and two of whom will be nominees of STAR-SUB.

  • To constitute a quorum, three directors must be present and two such directors shall be nominees of GSAT-SUB and one such director shall be a nominee of STAR-SUB.

  • Through GSAT-SUB and STAR-SUB, respectively, GSAT and STAR will be the initial parties to the joint venture.

  • The parties hereto agree that the Corporation shall be capitalized such that GSAT, through GSAT-SUB, holds sixty per cent (60%) of the outstanding Shares and STAR, through STAR-SUB, holds forty per cent (40%) of the outstanding Shares.

Related to STAR-SUB

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Subsidiary of the Company or “Subsidiary” means a corporation, a majority of the outstanding voting shares of which is owned, directly or indirectly, by the Company or by one or more subsidiaries of the Company and, as used in this definition, “voting shares” means shares of a class or classes ordinarily entitled to vote for the election of the majority of the directors of a corporation irrespective of whether or not shares of any other class or classes shall have or might have the right to vote for directors by reason of the happening of any contingency;

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • MergerSub has the meaning set forth in the preamble hereto.