Examples of Subsidiary and Holding Company in a sentence
The Merger will constitute a “reorganization” within the meaning of section 368(a) of the Code, and Bank, Subsidiary, and Holding Company will each be a party to the reorganization within the meaning of section 368 (b) of the Code.
In the case of a wholly owned subsidiary, the Special Resolution passed by the Holding Company shall be sufficient for the purpose of entering into the transactions between wholly owned Subsidiary and Holding Company within the limits approved by the Shareholders.
For the purposes of these Conditions, the terms "Subsidiary" and "Holding Company" shall have the meanings respectively ascribed thereto by sections 1(3) and 1(4) of the Companies Act, 1973 of The Republic of South Africa.
Subsidiary and Holding Company are each corporations duly organized and existing under the laws of the State of California with their principal offices in the City of Encino, County of Los Angeles, State of California.
This Agreement shall be submitted to the shareholders of Bank, Subsidiary and Holding Company for approval and ratification, as provided by the applicable laws of the United States and California and in accordance with other applicable law.