234 Subsidiary

Example Definitions of "234 Subsidiary"
234 Subsidiary. Means any corporation, whether now or hereafter existing (other than the Company), in an unbroken chain of corporations or other entities beginning with the Company if each of the entities other than the last corporation in the unbroken chain owns equity possessing more than fifty percent (50%) of the total combined voting power of all classes of equity in one of the other entities in such chain or any other entity of which a majority of the outstanding voting stock or voting power is... beneficially owned directly or indirectly by the Company. View More Arrow
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