Subsidiary Definition Example

This example Subsidiary definition appears in 2 contracts from 1 company

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