Parent of the Company definition

Parent of the Company means any corporation, other than the Company, in an unbroken chain of corporations ending with the Company if, at the time of the granting of the Option each of the corporations other than the Company owns stock possessing more than 50% of the total combined voting power of all classes of stock in one of the other corporations in such chain.
Parent of the Company means any one or more parents of the Company, including, without limitation, Holdings and any Subsidiary of Holdings that owns, directly or indirectly, all or any portion of the Capital Stock of the Company.
Parent of the Company will mean any corporation that owns stock possessing at least 50% of the voting power of the Company, either directly or through one or more of its Subsidiaries.

Examples of Parent of the Company in a sentence

  • Incentive Stock Options may only be granted to full or part-time Employees (which term as used herein includes, without limitation, officers and Directors who are also Employees), and an Incentive Stock Option shall not be granted to an Employee of an Affiliate unless such Affiliate is also a Subsidiary or Parent of the Company.

  • The ordinary shares were returned to the Parent of the Company and the net cash-settled forward on own shares was realised in March 2017.

  • As a result of the inclusion of these unobservable inputs, the forward was classified as level 3 in the fair value hierarchy.In February 2017, the Group completed the secondary public offering of 138,888,888 ordinary shares of PAO TMK provided by the Parent of the Company under the stock lending agreement.

  • Such notice shall be given by the Company at least 10 days prior to the earlier of the date or expected date on which such action is to take place and the applicable record date, in the case ofclauses (a), (b) and (c), and promptly upon the occurrence of such adjustment, in the case ofclause (d).

  • Saudi shareholders own the Company, the Parent and the Ultimate Parent of the Company.

  • Incentive Stock Options may only be granted to full or part-time Employees (but only to the extent such Employees are considered common law employees), and an Incentive Stock Option shall not be granted to an Employee of an Affiliate unless such Affiliate is also a Subsidiary or Parent of the Company.

  • The Ultimate Parent of the Company is Bank of Ireland Group plc (the ‘Ultimate Parent’).

  • International Holding Company PJSC is the Parent and Royal Group Holding LLC is the Ultimate Parent of the Company.

  • The Ultimate Parent of the Company is Saudi Holding Company (the “Ultimate Parent Company”).

  • Parent: A corporation shall be deemed to be a Parent of the Company if it is a corporation (other than the Company) in an unbroken chain of corporations ending with the Company, provided each corporation in the unbroken chain (other than the Company) owns, at the time of the determination, stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.


More Definitions of Parent of the Company

Parent of the Company means any corporation, other than the
Parent of the Company means any corporation, other than the Company, in an unbroken chain of corporations
Parent of the Company means Torchmark Corporation, a Delaware corporation, and any successor to all or a major portion of the assets thereof.
Parent of the Company means any one or more parents of the Company, that owns, directly or indirectly, all or any portion of the Capital Stock of the Company.
Parent of the Company shall have the meaning set forth in Section 424(e) of the Code.

Related to Parent of the Company

  • Business of the Company means any business or activity involved in grocery or general merchandise retailing and supply chain logistics, including but not limited to grocery distribution, business-to-business portal, retail support services and third-party logistics, of the type provided by the Company or its Affiliates, or presented in concept to you by the Company or its Affiliates at any time during your employment with the Company or any of its Affiliates.

  • Subsidiary of the Company means any foreign or U.S. domestic corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50 percent or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

  • Condition of the Company means the Assets, business, results of operations and/or financial condition of the Company.

  • of the Company means any person who is or was a director, officer, employee or other agent of the Company or a subsidiary of the Company; or is or was serving at the request of, for the convenience of, or to represent the interests of the Company or a subsidiary of the Company as a director, officer, employee or agent of another foreign or domestic corporation, partnership, joint venture, trust or other enterprise; or was a director, officer, employee or agent of a foreign or domestic corporation which was a predecessor corporation of the Company or a subsidiary of the Company, or was a director, officer, employee or agent of another enterprise at the request of, for the convenience of, or to represent the interests of such predecessor corporation.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Parent Companies means Parent and its Subsidiaries;

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Parent organization means the entity named in Item I. of the Policy Declarations.

  • Sale of the Company means the sale of the Company to an Independent Third Party or affiliated group of Independent Third Parties pursuant to which such party or parties acquire (i) capital stock of the Company possessing the voting power to elect a majority of the Company's board of directors (whether by merger, consolidation or sale or transfer of the Company's capital stock) or (ii) all or substantially all of the Company's assets determined on a consolidated basis.

  • Parent Organizational Documents means the certificate of incorporation, bylaws (or equivalent organizational or governing documents), and other organizational or governing documents, agreements or arrangements, each as amended to date, of each of Parent and Acquisition Sub.

  • Merger Subsidiary has the meaning set forth in the preamble to this Agreement.

  • MergerSub has the meaning set forth in the Preamble.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Change of Control of the Company means a change in control of a nature that would be required to be reported in response to Item 5(f) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934 as in effect on the date of this Agreement or, if Item 5(f) is no longer in effect, any regulations issued by the Securities and Exchange Commission pursuant to the Securities and Exchange Act of 1934 which serve similar purposes; provided that, without limitation, such change in control shall be deemed to have occurred if and when (a) any "person" (as such term is used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934) is or becomes a beneficial owner, directly or indirectly, of securities of the company representing 25% or more of the combined voting power of the company's then outstanding securities or (b) individuals who were members of the Board of Directors of the Company immediately prior to a meeting of the shareholders of the Company involving a contest for the election of directors shall not constitute a majority of the Board of Directors following such election.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Company Entities means the Company and its Subsidiaries.

  • Company Subsidiary means any Subsidiary of the Company.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Change in Control of the Company means the occurrence of any of the following events:

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.