Ultimate Parent definition

Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

Ultimate Parent means a Company, which owns more than 50% (Fifty Percent) voting rights and paid up share capital, either directly or indirectly in the Parent and Affiliates;

Ultimate Parent means a company, which owns at least more than fifty percent (51%) equity either directly or indirectly in the Parent and Affiliates.

Examples of Ultimate Parent in a sentence

• Any Group Company, the Ultimate Parent, SBB or the Parent is unable or admits inability to pay its debts as they fall due or is declared to be unable to pay its debts under applicable law, suspends making payments on its debts generally or, by reason of actual or anticipated financial difficulties, commences negotiations with its creditors (other than under the Bonds) with a view to rescheduling its Financial Indebtedness.

• A moratorium is declared in respect of the Financial Indebtedness of any Group Company, the Ultimate Parent, SBB or the Parent.

• The Issuer or any other Group Company, the Ultimate Parent or the Parent ceases to carry on its business (except if due to (i) a permitted merger or demerger as stipulated in Clause 14.9 (Mergers and Demergers) above or (ii) a permitted disposal in accordance with Clause 13.6 (Disposal of Assets).

• Netherlands Consolidated Financial Statements The Company is included in the Group Annual Report of the Ultimate Parent Company: Name Place of registered officeAkamai Technologies Inc.

More Definitions of Ultimate Parent

Ultimate Parent means the parent corporation (or if there is more than one parent corporation, the ultimate parent corporation) that, following a transaction, directly or indirectly beneficially owns a majority of the voting power of the outstanding securities entitled to vote with respect to the election of the board of directors of the Company (or its successor).

Ultimate Parent means a Person which Controls, either directly or indirectly the Parent Company, Group Company, or Affiliates of the Resolution Applicant.

Ultimate Parent means, if there is a Parent Corporation, the Person with Beneficial Ownership of more than fifty percent (50%) of the Surviving Corporation and of any other Parent Corporation.

Ultimate Parent means a company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates. (It is to clarify here that the ultimate parent / parent / affiliate of the company can be a foreign company)

Ultimate Parent means a person who is not Controlled by any other entity.

Ultimate Parent means a company, which owns at least twenty six percent (26%) of paid up share capital either directly or indirectly in the Parent and Affiliates.

Ultimate Parent means (1) Liberty Global plc and any and all successors thereto or (2) upon consummation of a Spin-Off, “Ultimate Parent” will mean the Spin Parent and its successors, and (3) upon consummation of a Parent Joint Venture Transaction, “Ultimate Parent” will mean each of the top tier Parent entities of the Joint Venture Holders and their successors.