Newly Acquired Subsidiary definition

Newly Acquired Subsidiary means any Subsidiary that is not a Subsidiary on the date hereof but that becomes a Subsidiary after the date hereof, but only during the 180 days after the first date on which such Subsidiary became a Subsidiary.
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Newly Acquired Subsidiary is defined in Section 10.4 of the Note Purchase Agreement.
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Newly Acquired Subsidiary means any entity newly formed or acquired by the Named Insured during the policy period in which the Named Insured has more than fifty percent (50%) of the legal or beneficial interest, but only upon the conditions that:
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Examples of Newly Acquired Subsidiary in a sentence

  • Newly Acquired Subsidiary means any entity, newly formed or acquired by a Named Insured during the policy term, in which such Named Insured has more than a 50% legal or beneficial interest.

  • For further information of Newly Acquired Subsidiary, please refer to the ‘‘Letter from the Board’’ set out in the circular of the Company dated 15 June 2015.

  • Reference is made to the circular dated 15 June 2015 (the “Circular”) of the Company in relation to, among other things, the acquisition of the entire issued share capital and shareholder’s loan of the Newly Acquired Subsidiary.

  • Following the completion of the acquisition, Newly Acquired Subsidiary became an indirect wholly-owned subsidiary of the Company.

  • On 3 July 2015, the Group completed a major and connected transaction, namely, the acquisition of the entire issued share capital and shareholder’s loan of the Newly Acquired Subsidiary which directly holds, inter alia, 95 car parking spaces located in Kennedy Town, Hong Kong in a total consideration of HK$138,255,775.

  • Financial information of the Newly Acquired Subsidiary for each of the three years ended31 December 2012, 31 December 2013 and 31 December 2014 have been disclosed in the accountants’ report as contained in the circular of the Company dated 15 June 2015.

  • She died on 03 Sep 1926 in Jefferson, Guilford, North Carolina.Samuel Henry Reese and Mary Isabella Story had the following children:147.

  • With regard to property investment in Hong Kong, the Directors view that the said acquisition of the Newly Acquired Subsidiary which holds, inter alia, 95 car parking spaces located in Kennedy Town, Hong Kong completed on 3 July 2015 will diversify the income source and will result in an enlarged asset portfolio of the Group.

  • Property Investment in Hong Kong On 3 July 2014, the Group completed a major and connected transaction, namely, the acquisition of the entire issued share capital and shareholder ’s loan of the Newly Acquired Subsidiary which directly holds, inter alia, 95 car parking spaces located in Kennedy Town, Hong Kong in a total consideration of HK$138,255,775.

  • The project aims to integrate hi-tech modelling and satellite imagery with other data to for the determination of flood thresholds.


More Definitions of Newly Acquired Subsidiary

Newly Acquired Subsidiary means any entity of which the Insured owns, either legally or beneficially, more than a fifty percent (50%) interest and either:
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Newly Acquired Subsidiary means any entity newly formed or acquired by the Named Insured during the Policy Period in which the Named Insured has more than 50% of the legal or beneficial interest, but only upon the conditions that:
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Newly Acquired Subsidiary means any entity of which the Named Insured owns, either legally or beneficially, more than a fifty percent (50%) interest:
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Related to Newly Acquired Subsidiary

  • Domestic business entity means a business entity organized under the laws of this state, including but not limited to a limited liability company as defined in section 489.102; a corporation organized pursuant to chapter 490; a nonprofit corporation organized under chapter 504; a partnership, limited partnership, limited liability partnership, or limited liability limited partnership as provided in chapter 486A or 488; or a cooperative association or other cooperative organized under this chapter or chapter 497, 498, 499, or 501.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Excluded Subsidiary means (a) each Subsidiary listed on Schedule 1.01(a), (b) each Unrestricted Subsidiary, (c) each Immaterial Subsidiary, (d) any Subsidiary that is prohibited or restricted by (i) applicable Requirements of Law or (ii) any contractual obligation existing on the Effective Date or on the date any such Subsidiary is acquired (so long as in respect of any such contractual prohibition such prohibition is not incurred in contemplation of such acquisition), in each case from guaranteeing the Loan Document Obligations or which would require governmental (including regulatory) consent, approval, license or authorization to provide a Guarantee, or for which the provision of a Guarantee would result in a material adverse tax consequence (including as a result of the operation of Section 956 of the Code or any similar law or regulation in any applicable jurisdiction) to Holdings or one of its subsidiaries (as reasonably determined by either Borrower Party in consultation with the Administrative Agent), (e) any Restricted CFC, any FSHCO and any subsidiary of a Restricted CFC or FSHCO, in each case, to the extent the providing of a guarantee would result in material adverse tax consequences to Holdings or one of its subsidiaries as reasonably determined by the Borrower in consultation with the Administrative Agent, (f) any other Subsidiary excused from becoming a Loan Party pursuant to clause (a) of the last paragraph of the definition of the term “Collateral and Guarantee Requirement,” (g) any not-for-profit Subsidiaries, captive insurance companies or other special purpose subsidiaries designated by either Borrower Party from time to time, (h) any Receivables Subsidiary and (i) any Foreign Subsidiary of Holdings for which the providing of a guarantee could reasonably be expected to result in any violation or breach of, or conflict with, fiduciary duties of such subsidiary’s officers, directors or managers.

  • Specified Subsidiaries means any of (i) Intermediate, (ii) Dell, (iii) Denali Finance, (iv) Dell International (until such time as the MD Stockholders and the SLP Stockholders otherwise agree), (v) EMC, (vi) any successors and assigns of any of Intermediate, Dell, Denali Finance, Dell International (until such time as the MD Stockholders and the SLP Stockholders otherwise agree) and EMC, (vii) any other borrowers under the senior secured indebtedness and/or issuer of the debt securities, in each case, incurred or issued to finance the Merger and the transactions contemplated thereby and by the related transactions entered into in connection therewith and (viii) each intermediate entity or Subsidiary between the Corporation and any of the foregoing.

  • Consolidated Subsidiary means at any date any Subsidiary or other entity the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements if such statements were prepared as of such date.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions and transactions related or incidental thereto.