Consolidated Subsidiary

Consolidated Subsidiary. Means, for any Consolidated Return Year , a Subsidiary that is eligible, within the meaning of Section 1504 of the Code, to be included in a Consolidated Return which includes TIAA

Consolidated Subsidiary. Means a corporation, bank, partnership, business trust, limited liability company or other form of business organization that (1) is a consolidated subsidiary of PNC under U.S. generally accepted accounting principles and (2) satisfies the definition of "service recipient" under Section 409A of the U.S. Internal Revenue Code.