Subsidiaries definition

Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.
Subsidiaries shall refer to a Subsidiary or Subsidiaries of the Borrower.
Subsidiaries means any Person in which the Company, directly or indirectly, (I) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (II) controls or operates all or any part of the business, operations or administration of such Person, and each of the foregoing, is individually referred to herein as a “Subsidiary.”

Examples of Subsidiaries in a sentence

  • The Corporation and the Miata Subsidiaries have disclosed all material information relating to the Material Properties in the Disclosure Documents in compliance in all material respects with applicable Securities Laws.

  • No person has any agreement or option or right or privilege (whether at law, pre-emptive or contractual) capable of becoming an agreement for the purchase, subscription or issuance of, or conversion into, any unissued shares, securities, warrants or convertible obligations of any nature of the 79North Subsidiaries.

  • Except as ordinarily or customarily required by applicable Environmental Permit, neither the Corporation nor the Miata Subsidiaries has received any notice wherein it is alleged or stated that it is potentially responsible for a federal, provincial, state, municipal or local clean-up site or corrective action under any law including any Environmental Laws.

  • Neither the Corporation nor the Miata Subsidiaries have any employees, and as such, they have no unpaid vacation pay, premiums for unemployment insurance, health premiums, federal or state pension plan premiums nor employee benefit plan payments.

  • Any accrued wages, salaries, or commissions to directors, officers, or consultants have been properly accounted for in the books and records of the Corporation and the Miata Subsidiaries.


More Definitions of Subsidiaries

Subsidiaries means, with respect to any Person, as of any date of determination, any other Person as to which such Person, owns, directly or indirectly, or otherwise controls more than 50% of the voting power or other similar interests or the sole general partner interest or managing member or similar interest of such Person.
Subsidiaries means any corporation or other entity of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, directly or through one of more Subsidiaries.
Subsidiaries shall have the meaning set forth in Section 4.1.
Subsidiaries means, as of any date of determination, collectively, all Current Subsidiaries and all New Subsidiaries, and each of the foregoing, individually, a “Subsidiary.”
Subsidiaries herein shall refer to those of the Borrower.
Subsidiaries means all those corporations, associations, or other business entities of which the entity in question either (i) owns or controls 50% or more of the outstanding equity securities either directly or through an unbroken chain of entities as to each of which 50% or more of the outstanding equity securities is owned directly or indirectly by its parent (provided, there shall not be included any such entity the equity securities of which are owned or controlled in a fiduciary capacity), (ii) in the case of partnerships, serves as a general partner, (iii) in the case of a limited liability company, serves as a managing member, or (iv) otherwise has the ability to elect a majority of the directors, trustees or managing members thereof.
Subsidiaries shall have the meanings ascribed to such terms in Section 3.1(a).