Examples of Operating Subsidiary in a sentence

Except as set forth on Section 3.4(a) of the Company Disclosure Letter, the Company has no assets, liabilities, debts, claims or obligations of any nature, whether known, unknown, accrued, absolute, direct or indirect, other than the ownership by the Company of all of the outstanding shares of common stock of the Operating Subsidiary.
Except as described in the Time of Sale Memorandum, the Final Memorandum, the TGP LPA, the TOO GP LLC Agreement and the TOO LPA, and except in relation to the Operating Subsidiaries that are not wholly owned, there are no outstanding options or warrants to purchase any common stock or other interests in the Company or, to the Company’s or any Guarantor’s knowledge, any equity interests in any Operating Subsidiary.
Each vessel identified in Annex A is duly registered under the laws of the jurisdiction set forth on Annex A in the name of the applicable Operating Subsidiary, free and clear of all Liens except for Permitted Liens.
The transaction contemplated by the said letter of intent has been structured under the Sale and Purchase Agreement as a disposal of 50% of the total issued share capital of Disposal Target by the Seller (as opposed to a disposal of 100% of the Operating Subsidiary by the Intended Seller as defined in the Announcements).
The business of the Disposal Target Group is carried out mainly by the Operating Subsidiary, which operates a scratch card business in the Welfare lottery market in the PRC.

More Definitions of Operating Subsidiary

Operating Subsidiary means Silver Bay Property Corp., a Delaware corporation.

Operating Subsidiary means a company for which a state trust company has the ownership, ability, or power to vote, directly, acting through one or more other persons, or otherwise indirectly, more than 50 percent of the outstanding shares of each class of voting securities or its equivalent of the company.

Operating Subsidiary means any operating company that is a Subsidiary of the Borrower.

Operating Subsidiary means, at any time, each Domestic Subsidiary of the New Parent at such time that is not a Special Purpose Entity.

Operating Subsidiary means Semiconductor Components Industries, LLC.

Operating Subsidiary means any operating company that is a Subsidiary of KMI. “Person” means any natural person, corporation, limited liability company, trust, joint

Operating Subsidiary means Mid-Con Energy Properties, LLC, a Delaware limited liability company and wholly-owned Subsidiary of the Partnership.