Subsidiary Definition Example

This example Subsidiary definition appears in 2 contracts from 2 companies

Subsidiary. Any corporation (other than the Company) in any unbroken chain of corporations or other entities beginning with the Company if each of the corporations (other than the last corporation in the unbroken chain) owns stock or other interests possessing 50 percent or more of the total combined voting power of all classes of stock or in one of the other corporations in the chain.
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