Subsidiary Corporation definition

Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.
Subsidiary Corporation means any corporation, other than the Company, in an unbroken chain of corporations beginning with the Company if, at the time of the granting of the Option, each of the corporations other than the last corporation in an unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.
Subsidiary Corporation means any Subsidiary Corporation as defined in Section 424(f) of the IRC.

Examples of Subsidiary Corporation in a sentence

  • If, under the provisions of paragraph (a)(1) of this section, a group wishes to file a consolidated return for a taxable year, then a Form 1122 (‘‘Authorization and Consent of Subsidiary Corporation To Be Included in a Consolidated Income Tax Return’’) must be executed by each subsidiary.

  • Notwithstanding any provision of the Plan to the contrary, no Employee shall be treated as an Eligible Employee and granted a Purchase Right under the Plan if, immediately after such grant, the Employee would own, or hold options to purchase, stock of the Company or of any Parent Corporation or Subsidiary Corporation possessing five percent (5%) or more of the total combined voting power or value of all classes of stock of such corporation, as determined in accordance with Section 423(b)(3) of the Code.


More Definitions of Subsidiary Corporation

Subsidiary Corporation means a subsidiary municipal health facilities corporation incorporated under this act. The term includes a restructured subsidiary corporation.
Subsidiary Corporation means any corporation in the unbroken chain of corporations starting with the employer corporation, where, at each link of the chain, the corporation and the link above owns at least 50 percent of the combined voting power of all classes of stock in the corporation below.
Subsidiary Corporation means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain own stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one or the other corporations in such chain.
Subsidiary Corporation means any corporation at least eighty percent of the voting stock of which is held beneficially by this corporation.
Subsidiary Corporation means any corporation (other than the Employer Corporation) in an unbroken chain of corporations beginning with the Employer Corporation if, at the Date of Grant, each of the corporations other than the last corporation in the unbroken chain owns stock (or shares) possessing 50% or more of the total combined voting power of all classes of stock (or shares) in one of the other corporations in such chain;
Subsidiary Corporation means a “subsidiary corporation” of the Company within the meaning of Code Section 424(f).
Subsidiary Corporation or "Subsidiary" shall mean any corporation which is a subsidiary corporation of the Corporation as defined in Section 424(f) of the Code.