Subsidiary Definition Example with 4 Variations
This page contains an example definition of Subsidiary, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Subsidiary. Any corporation of which the Company possesses directly or indirectly fifty percent (50%) or more of the total combined voting power of all classes of stock of such corporation and any other business organization, regardless of form, in which the Company possesses directly or indirectly fifty percent (50%) or more of the total combined equity interests in such organization
Found in
PROTECTIVE LIFE CORP contract
Variations
Subsidiary. Any any corporation of which the Company possesses directly or indirectly fifty eighty percent (50%) (80%) or more of the total combined voting power of all classes of stock of such corporation and any other business organization, regardless of form, in which the Company possesses directly or indirectly fifty eighty percent (50%) (80%) or more of the total combined equity interests in such organization
Found in
ProAssurance Corporation contract
Subsidiary. Any corporation of any entity in which the Company possesses Company, directly or indirectly indirectly, possesses fifty percent (50%) or more of the total combined voting power of all classes of stock of such corporation and any other business organization, regardless of form, in which the Company possesses directly or indirectly fifty percent (50%) or more of the total combined equity interests in such organization stock.
Found in
Cummins Inc. contract
Subsidiary. Any corporation of means any business entity in which the Company possesses owns, directly or indirectly indirectly, fifty percent (50%) or more of the total combined voting power of all classes of stock of such corporation shares entitled to vote, and any other business organization, regardless of form, in which the Company possesses possesses, directly or indirectly indirectly, fifty percent (50%) or more of the total combined equity interests in such organization interests.
Found in
Essent Group Ltd. contract
Subsidiary. Any any corporation of in which the Company possesses directly or indirectly fifty percent (50%) or more of the total combined voting power of all classes of stock of such corporation and any other business organization, regardless of form, in which the Company possesses directly or indirectly fifty percent (50%) or more of the total combined equity interests in such organization stock.
Found in
Performant Financial Corp contract
