Corporate Subsidiary

Example Definitions of "Corporate Subsidiary"
Corporate Subsidiary. Means any corporation the majority of the capital stock of which, directly, or indirectly through or one or more Persons, (a) the Company has the right to acquire or (b) is owned or controlled by the Company. As used in this definition, control, including, its correlative meanings, controlled by and under common control with, shall mean possession, directly or indirectly, of power to direct or cause the direction of management.
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