Australian Subsidiary definition
Examples of Australian Subsidiary in a sentence
You are eligible to participate under the Plan if, at the time of the offer, you are an Australian resident employee or director of the Company or its Australian Subsidiary and meet the eligibility requirements established under the Plan.
The Company also holds 100% issued and outstanding shares of the US Subsidiary, which holds 100% issued and outstanding shares of the Australian Subsidiary.
You are eligible to participate under the Plan if, at the time of the offer, you are an Australian resident employee of the Company or any Australian Subsidiary and meet the eligibility requirements established under the Plan.
The authorized share capital of the Australian Subsidiary is and immediately prior to and following the Closing shall be 100 ordinary shares, 100% of which are issued and outstanding and all held by the US Subsidiary.
The Administrative Agent shall have received a certificate from each Australian Subsidiary signed by a Director of that Australian Subsidiary on and dated the same date the date of the document(s) referred in paragraph (h) to which it is a party certifying its solvency.