Parent-subsidiary relationship definition

Parent-subsidiary relationship means a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.
Sample 1Sample 2Sample 3
Parent-subsidiary relationship means a relationship that exists when one corporation directly or
Sample 1Sample 2Sample 3
Parent-subsidiary relationship means “a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.” See State and Local Government Conflict of Interests Act, VA. Code § 2.2-3101.
Sample 1Sample 2Sample 3

More Definitions of Parent-subsidiary relationship

Parent-subsidiary relationship means a relationship that exists when one
Sample 1Sample 2Sample 3
Parent-subsidiary relationship means direct or indirect relationship where a resident entity is a holding entity or ultimate holding entity of another resident entity; a subsidiary of another resident entity; or a subsidiary of a non-resident entity, where the ultimate holding entity is a resident entity.
Sample 1
Parent-subsidiary relationship means direct or indirect relationship where a resident entity is –
Sample 1

Related to Parent-subsidiary relationship

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Company Related Parties means, collectively, (i) the Company and its Subsidiaries; and (ii) the former, current and future holders of any equity, controlling persons, Representatives, Affiliates, members, managers, general or limited partners, stockholders and assignees of each of the Company, its Subsidiaries and each of their respective Affiliates.

  • Federally related transaction means any real estate related

  • Parent Related Parties means each of Parent, Merger Sub, any of their respective former, current or future equityholders, controlling Persons, limited or general partners, managers, members, Affiliates, directors, officers, employees, agents, attorneys, stockholders, assignees or Representatives.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • Dating relationship means frequent, intimate associations primarily characterized by the expectation of affectional involvement. Dating relationship does not include a casual relationship or an ordinary fraternization between 2 individuals in a business or social context.

  • Subsidiary means, with respect to any specified Person:

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 20% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.