Corporate parent definition

Corporate parent means any person, association, corporation, joint venture, partnership, or other entity that owns or controls 50 percent or more of a recipient corporation.
Corporate parent means a business that possesses the majority of shares in another business.
Corporate parent shall have the meaning assigned to such term in Section 6.06(b)(v).

Examples of Corporate parent in a sentence

  • Accordingly, the schematic shows the Corporate parent funding 100% of the costs of the project as equity in the project company.

  • The Corporate parent developer/investor typically establishes a special purpose entity to house the assets of the project.

  • Adher- ence to a GFD in children results in remission of the intestinal lesions and promotes better growth and bone mineral density (16).

  • Since there is just one investor, the Corporate parent funds 100% of the project costs as equity in the project company, and in return receives 100% of the distributable cash, taxable losses or gains, and PTCs generated by the project.

  • Entities are identified by bold print (the Corporate parent and a special-purpose project company set up to house the project assets).


More Definitions of Corporate parent

Corporate parent means a business that possesses the majority of shares in another business, which gives them control of their operational procedures.
Corporate parent means either: a person, association,
Corporate parent means a corporation that directly owns at least 50 percent of the voting stock of the corporation that is the CCS Project Operator; the latter corporation is deemed a subsidiary of the parent corporation.
Corporate parent means any person, association, corporation,
Corporate parent means Altisource Portfolio Solutions S.A.
Corporate parent means any legal entity that possesses, owns, or controls an
Corporate parent means any person or legal entity,