Parent Subsidiary definition

Parent Subsidiary means any Subsidiary of Parent.
Parent Subsidiary means each Subsidiary of Parent.
Parent Subsidiary means any corporation, partnership, limited liability company, joint venture, business trust, real estate investment trust or other organization, whether incorporated or unincorporated, or other legal entity of which (i) Parent directly or indirectly owns or controls at least a majority of the capital stock or other equity interests having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions, (ii) Parent and/or any Person that is a Parent Subsidiary by reason of the application of clause (i) or clause (iii) of this definition of “Parent Subsidiary” is a general partner, manager, managing member, trustee, director or the equivalent, or (iii) Parent, directly or indirectly, holds a majority of the beneficial, equity, capital, profits or other economic interest.

Examples of Parent Subsidiary in a sentence

  • By: Title: Date: DEFINITIONS Parent, Subsidiary, or Otherwise Related Business Entity (2 Cal.

  • By: Title: Date: DEFINITIONS Parent, Subsidiary, or Otherwise Related Business Entity.

  • Nothing in this Plan or any Award granted under this Plan will confer or be deemed to confer on any Participant any right to continue in the employ of, or to continue any other relationship with, the Company or any Parent, Subsidiary or Affiliate or limit in any way the right of the Company or any Parent, Subsidiary or Affiliate to terminate Participant’s employment or other relationship at any time.

  • Any Option granted hereunder shall be exercisable at such times and under such conditions as determined by the Administrator, consistent with the terms of the Plan and reflected in the Option Agreement, including vesting requirements and/or performance criteria with respect to the Company, and Parent, Subsidiary or Affiliate, and/or the Optionee.

  • Neither the Plan nor any Award shall confer upon any Employee or Consultant any right with respect to continuation of an employment or consulting relationship with the Company (any Parent, Subsidiary or Affiliate), nor shall it interfere in any way with such Employee’s or Consultant’s right or the Company’s (Parent’s, Subsidiary’s or Affiliate’s) right to terminate his or her employment or consulting relationship at any time, with or without cause.


More Definitions of Parent Subsidiary

Parent Subsidiary means any direct or indirect Subsidiary of the Company or Parent, respectively.
Parent Subsidiary means each direct and indirect, wholly-owned subsidiary of Weatherford Parent.
Parent Subsidiary means any direct or indirect Subsidiary of Parent.
Parent Subsidiary means any corporation of which the outstanding securities having ordinary voting power to elect a majority of the board of directors are directly or indirectly owned by Parent.
Parent Subsidiary has the meaning set forth in Section 5.2(a).
Parent Subsidiary. Section 4.3(a)
Parent Subsidiary means any direct or indirect Subsidiary of the Parent, including the Merger Sub.