Common use of Subsidiary Clause in Contracts

Subsidiary. Any corporation, association, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votes) of the outstanding Voting Stock.

Subsidiary. Any corporation, association, partnership, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votesvotes or controlling interests) of the outstanding Voting StockInterests.

Subsidiary. Any corporation, partnership, association, trust, or other business entity of which the designated parent shall at any time own directly directly, or indirectly through a Subsidiary or Subsidiaries Subsidiaries, at least a majority (by number of votes) of the outstanding Voting Stockvoting interests therein.

Subsidiary. Any corporation, association, trust, or other business entity of which the designated parent or other controlling Person shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votes) of the outstanding Voting StockInterests.

Subsidiary. Any corporation, association, partnership, limited liability company, trust, or other business entity of which the designated parent shall at any time own directly directly, or indirectly through a Subsidiary or Subsidiaries Subsidiaries, at least a majority (by number of votesvotes or controlling interests) of the outstanding Voting Stockvoting interests or at least a majority of the economic interests (including, in any case, the Operating Subsidiaries and any entity required to be consolidated with its designated parent in accordance with GAAP).

Subsidiary. Any corporation, association, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votes) of the outstanding Voting StockStock and the accounts of which are consolidated with the Borrower in accordance with GAAP. SUBSTITUTED LENDER. See section 3.12 hereof.

Subsidiary. Any corporation, association, trust, partnership, limited liability company or other business entity of which the designated parent shall at any time own directly directly, or indirectly through a Subsidiary or Subsidiaries Subsidiaries, at least a majority (by number of votes) of the outstanding Voting Stockcapital stock or other interest entitled to vote generally. SUBSTITUTE LENDER. See ss.5.11(b).

Subsidiary. Any corporation, association, partnership, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority greater than fifty percent (50%) (by number of votesvotes or controlling interests) of the outstanding Voting Stockvoting interests or other economic interest, or any other entity the accounts of which are consolidated with the parent.

Subsidiary. Any corporation, association, partnership, trust, or other business entity of which the designated parent shall at any time own directly directly, or indirectly through a Subsidiary or Subsidiaries Subsidiaries, at least a majority (by number of votesvotes or controlling interests) of the outstanding Voting Stockvoting interests or at least a majority of the economic interests (including, in any case, the Operating Subsidiaries and any entity required to be consolidated with its designated parent in accordance with GAAP).

Subsidiary. Any corporation, association, partnership, trust, limited liability company, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votesvotes or controlling interests) of the outstanding Voting StockInterests.

Subsidiary. Any corporation, association, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votes) of the outstanding Voting Stock. SYNDICATED LOAN(S). See Section 2.1.

Subsidiary. Any corporation, association, trust, partnership, limited liability company or other business entity of which the designated parent shall at any time own directly directly, or indirectly through a Subsidiary or Subsidiaries Subsidiaries, at least a majority (by number of votes) of the outstanding Voting Stockcapital stock or other interest entitled to vote generally.

Subsidiary. Any corporation, association, partnership, limited liability company, trust, or other business or legal entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votesvotes or Controlling Interests) of the outstanding Voting StockInterests, and any other entity the accounts of which are consolidated with the accounts of the designated parent.

Subsidiary. Any corporation, association, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votes) of the outstanding Voting StockStock and the accounts of which are consolidated with the Borrower in accordance with Generally Accepted Accounting Principles.

Subsidiary. Any corporation, association, trust, or other business entity of which the designated parent shall at any time own directly or indirectly through a Subsidiary or Subsidiaries at least a majority (by number of votes) of the outstanding Voting StockStock and the accounts of which are consolidated with the Borrower in accordance with GAAP.