Examples of SUBSIDIARY of any Person in a sentence
SUBSIDIARY of any Person means any entity of which more than 50% (in number of votes) of the stock (or equivalent interests) is owned of record or beneficially, directly or indirectly, by that Person.
For purposes of this Agreement, a "SUBSIDIARY" of any Person is any corporation, partnership, joint venture or other legal entity of which a majority of all outstanding shares of capital stock or other equity interests (the holders of which are ordinarily and generally entitled to vote for the election of the members of the board of directors or other governing body thereof) is owned, directly or indirectly, by such Person (either alone or through or together with any other Subsidiary).
For purposes of this Agreement, a "SUBSIDIARY" of any Person means any corporation or other entity (including a partnership, limited partnership, limited liability company or joint venture) of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are directly or indirectly owned by such Person.
For purposes of this Agreement, a "SUBSIDIARY" of any Person is any corporation, partnership, joint venture or other legal entity of which a majority of all outstanding shares of capital stock or other equity interests (the holders of which are ordinarily and generally entitled to vote for the election of the board of directors or other governing body thereof) is owned, directly or indirectly, by such Person (either alone or through or together with any other Subsidiary).