Subsidiary

Subsidiary. With respect to a Party or other entity, an entity directly, or indirectly, that is, through one or more intermediaries, controlled or under common control with, the Party or other entity (where "control" shall mean ownership of greater than 50% of the voting power or shares entitled to vote for the election of directors or greater than 50% of the equity interest of the entity having the powers to direct management policies; provided, however, that an entity shall be deemed to be a "Subsidiary"... for only so long as such ownership or control exists, and an entity may become a "Subsidiary" after the Effective Date if such ownership or control is thereafter obtained) View More

Subsidiary. Any corporation, partnership, trust, limited liability company or other business entity of which the Company, directly or indirectly, owns more than fifty percent (50%) of any class or classes of securities, partnership interests or membership interests

Subsidiary. Any entity that is directly or indirectly controlled by the Company or any entity in which the Company has a significant equity interest, as determined by the Committee, provided the Company has a "controlling interest" in the Subsidiary as defined in Treas. Reg. Sec. 1.409A-1(b)(5)(iii)(E)(1)

Subsidiary. (i) any subsidiary corporation of the Company, as such term is defined in Sections 424(f) of the Code, or (ii) any domestic eligible entity that is disregarded under Treasury Regulation Section 301.7701-3, as an entity separate from either (I) the Company or (II) any subsidiary corporation of the Company, as such term is defined in Sections 424(f) of the Code

Subsidiary. Of a Person means any Entity at least fifty percent (50%) of the ownership interests having ordinary voting power of which shall at the time be owned or controlled, directly or indirectly, by such Person or by one or more of its Subsidiaries or by such Person and one or more of its Subsidiaries. Unless otherwise expressly provided, all references in this Agreement to a Subsidiary shall mean a Subsidiary of the Company.

Subsidiary. Any corporation of which the Company owns directly or indirectly a majority of the outstanding shares of voting stock.

Subsidiary. With respect to any Person, another Person of which more than 50% of any class of capital stock, voting securities, other voting ownership or voting partnership interests (or, if there are no such voting interests, more than 50% of the equity interests) are owned or controlled, directly or indirectly, by such first Person

Subsidiary. As to the Company, any corporation or other entity of which more than fifty percent (50%) of the outstanding stock or comparable equity interests having ordinary voting power for the election of the board of directors of such corporation or similar governing body in the case of a non-corporation (irrespective of whether or not, at the time, stock or other equity interests of any other class or classes of such corporation or other entity shall have or might have voting power by reason of the... happening of any contingency) is at the time directly or indirectly owned by the Company. View More

Subsidiary. Means, at the time of determination, any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if, at the time of determination, each of the corporations (other than the last corporation in the unbroken chain) owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in the chain. The Board or Committee shall have the authority to determine the time or times at... which "Subsidiary" status is determined within the foregoing definition. View More

Subsidiary. A corporation in the Territory of which Licensee owns more than fifty percent (50%) of the voting securities. This entity will be considered a Subsidiary for only such time as such equity interest is maintained. For the purpose of this Agreement, Impella CardioSystems GmbH shall be considered a Subsidiary but only for such time as Licensee continues to own more than fifty percent (50%) of the voting securities. In the event Licensee acquires entities outside the Territory (owning more than 50%... of the voting securities of such entity), Licensee may request approval from Provider, which approval shall not be unreasonably withheld, that any such entity be included as a Subsidiary under this Agreement, but only in the event such entity does not already have use rights or is then currently receiving maintenance services to any SAP software under another agreement. If Provider agrees, to include such entity as a Subsidiary under this Agreement, the parties shall execute an amendment to this Agreement including the entity as a Subsidiary and such entity shall execute a Subsidiary Agreement. Such entity shall be considered a Subsidiary for only such time as Licensee continues to own more than fifty percent (50%) of the voting securities. View More