Subsidiary Definition Example with 12 Variations

Subsidiary. Of with respect to any Person, (a) a Person means (i) a corporation, a majority corporation of whose stock with which more than 50% of the voting power, under ordinary circumstances, power of shares entitled (without regard to elect the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is at the time of determination, owned, directly or indirectly, owned at the date of determination, by such Person, by one or more Subsidiaries of... such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person, or (ii) a combination thereof, or (c) any other entity Person (other than a corporation) corporation or a partnership) in which such Person or Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination thereof determination, has (i) at least a majority ownership interest. interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person View More

Subsidiary. Of means, with respect to any Person, (a) a Person means (i) a corporation, a majority corporation of whose stock with which more than 50% of the voting power, under ordinary circumstances, power of shares entitled (without regard to elect the occurrence of any contingency) to vote in the election of directors is at the time of determination, directly or indirectly, owned by such Person or by one or more Subsidiaries other governing body of such Person, or (ii) any other entity (other than a... corporation) in which such Person or one or more Subsidiaries of such Person, corporation is owned, directly or indirectly, at the date of determination thereof determination, by such Person, by one or more Persons Controlled by such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Person Controlled by such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, one or more Persons Controlled by such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Persons Controlled by such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest. interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person. View More

Subsidiary. Of of a Person means (i) a corporation, a majority of whose stock with voting power, under ordinary circumstances, to elect directors is at the time of determination, directly or indirectly, owned by such Person or by one or more Subsidiaries of such Person, or (ii) any other entity (other than a corporation) in which such Person or one or more Subsidiaries 18 Exhibit 4.21 of such Person, directly or indirectly, at the date of determination thereof has at least a majority ownership interest.

Subsidiary. Of a Person of any Person, means (i) a corporation, corporation a majority of whose outstanding shares of capital stock or other equity interest with voting power, under ordinary circumstances, to elect directors directors, is at the time of determination, time, directly or indirectly, owned by such Person or Person, by one or more Subsidiaries subsidiaries of such Person or by such Person and one or more subsidiaries of such Person, or and (ii) any other entity Person (other than a... corporation) in which such Person, a subsidiary of such Person or such Person and one or more Subsidiaries subsidiaries of such Person, directly or indirectly, at the date of determination thereof thereof, has (x) at least a majority ownership interest. interest or (y) the power to elect or direct the election of the directors or other governing body of such Person. View More

Subsidiary. Of a Person , of any Person, means (i) a corporation, corporation a majority of whose outstanding shares of capital stock or other equity interest with voting power, under ordinary circumstances, to elect directors directors, is at the time of determination, time, directly or indirectly, owned by such Person or Person, by one or more Subsidiaries subsidiaries of such Person or by such Person and one or more subsidiaries of such Person, or and (ii) any other entity Person (other than a... corporation) in which such Person, a subsidiary of such Person or such Person and one or more Subsidiaries subsidiaries of such Person, directly or indirectly, at the date of determination thereof thereof, has (x) at least a majority ownership interest. interest or (y) the power to elect or direct the election of the directors or other governing body of such Person. View More

Subsidiary. Of of a Person means (i) a corporation, a majority of whose stock with voting power, under ordinary circumstances, to elect directors is at the time of determination, directly or indirectly, owned by such Person or by one or more Subsidiaries of such Person, or (ii) any other entity (other than a corporation) in which such Person or one or more Subsidiaries of such Person, directly or indirectly, at the date of determination thereof has at least a majority ownership interest. The foregoing... definitions will be equally applicable to both the singular and plural forms of the defined terms. View More

Subsidiary. Of of a Person means (i) a corporation, a majority of whose stock with voting power, under ordinary circumstances, to elect directors is at the time of determination, directly or indirectly, owned by such Person or by one or more Subsidiaries of such Person, or (ii) any other entity (other than a corporation) in which such Person or one or more Subsidiaries of such Person, directly or indirectly, at the date of determination thereof has at a least a majority ownership interest. The foregoing... definitions will be equally applicable to both the singular and plural forms of the defined terms. View More

Subsidiary. Of a A "SUBSIDIARY" of any Person means (i) a corporation, corporation a majority of whose stock with voting power, under ordinary circumstances, to elect directors Voting Stock is at the time of determination, time, directly or indirectly, owned by such Person or Person, by one or more Subsidiaries subsidiaries of such Person or by such Person and one or more subsidiaries of such Person, or (ii) any other entity (other than a corporation) partnership in which such Person or one a -9-... subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if such Person or its subsidiary is entitled to receive more Subsidiaries than fifty percent (50%) of the assets of such partnership upon its dissolution, or (iii) any other Person (other than a corporation or partnership) in which such Person, directly or indirectly, at the date of determination thereof thereof, has (x) at least a majority ownership interest. interest or (y) the power to elect or direct the election of a majority of directors or other governing body of such Person. View More

Subsidiary. Of a of any Person means (i) a corporation, corporation a majority of whose stock with voting power, under ordinary circumstances, to elect directors Voting Stock is at the time of determination, time, directly or indirectly, owned by such Person or Person, by one or more Subsidiaries subsidiaries of such Person or by such Person and one or more subsidiaries of such Person, or (ii) any other entity (other than a corporation) partnership in which such Person or one a subsidiary of such Person... is, at the date of determination, a general or limited partner of such partnership, but only if such Person or its subsidiary is entitled to receive more Subsidiaries than fifty percent (50%) of the assets of such partnership upon its dissolution, or (iii) any other Person (other than a corporation or partnership) in which such Person, directly or indirectly, at the date of determination thereof thereof, has (x) at least a majority ownership interest. interest or (y) the power to elect or direct the election of a majority of directors or other governing body of such Person. View More

Subsidiary. Of of a Person means (i) a corporation, a majority of whose stock with voting power, under ordinary circumstances, to elect directors is at the time of determination, directly or indirectly, owned by such Person or by one or more Subsidiaries of such Person, or (ii) any other entity (other than a corporation) in which such Person or one or more Subsidiaries of such Person, directly or indirectly, at the date of determination thereof has at least a majority ownership interest. interest or, with... respect to a limited partnership, is a general partner of such limited partnership. View More