Subsidiary

Subsidiary. With respect to the Maker, any Person (excluding an individual) a majority of the outstanding voting stock, partnership interests, membership interests or other equity interest, as the case may be, of which is owned or controlled, directly or indirectly, by the Maker or by one or more other Subsidiaries of the Maker. For the purposes of this definition, (i) "voting stock" means stock having voting power for the election of directors, trustees or managers, as the case may be, whether at all... times or only so long as no senior class of stock has such voting power by reason of any contingency and (ii) in the case of a partnership, such partnership shall only be deemed to be a Subsidiary of the Maker if (A) the Maker or a Subsidiary of the Maker is the sole general partner or the managing general partner of such partnership or (B) the only general partners of such partnership are the Maker or one or more Subsidiaries of the Maker (or a combination thereof). For the avoidance of doubt, all references to "principal" or "principal amount" in this Note shall include principal in the form of any PIK Amount that at such time has been added to the Outstanding Principal Amount of this Note. View More

Subsidiary. With respect to the Company, any corporation, partnership, limited liability company or other business entity of which an aggregate of 50% or more of the total combined voting power of all classes of stock is, at the time, directly or indirectly, owned or controlled by the Company

Subsidiary. Any corporation, a majority of the outstanding voting stock of which is owned, directly or indirectly, by the Corporation or by the Corporation and one or more Subsidiaries

Subsidiary. Shall mean any current or future corporation which would be a 'subsidiary corporation' of the Company, as that term is defined in Section 424 of the Internal Revenue Code of 1986, as amended.

Subsidiary. Any Person in which the Company owns more than 50% of the outstanding equity

Subsidiary. Any corporation in which the Company, directly or indirectly, controls 50 percent or more of the total combined voting power of all classes of stock

Subsidiary. Any entity of which the Corporation owns (directly or indirectly) within the meaning of Section 425(f) of the Code, 50% or more of the total combined voting power of all equity interests

Subsidiary. Any corporation, partnership, limited partnership, limited liability company, limited liability partnership or other entity of which or in which Borrower owns directly or indirectly fifty percent (50.00%) or more of (a) the combined voting power of all classes of stock having general voting power under ordinary circumstances to elect a majority of the board of directors of such entity if a corporation, (b) the management authority and capital interest or profits interest of such entity, if a... partnership, limited partnership, limited liability company, limited liability partnership, joint venture or similar entity, or (c) the beneficial interest of such entity, if a trust, association or other unincorporated organization. View More

Subsidiary. Means (i) any corporation or other entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are at the time directly or indirectly owned by the Company and/or one or more Subsidiaries or (ii) any partnership of which more than 50% of the partnership interest is owned by the Company or any Subsidiary.

Subsidiary. Any corporation in which the Company, directly or indirectly, owns at least a fifty percent (50%) interest or an unincorporated entity of which the Company, directly or indirectly, owns at least fifty percent (50%) of the profits or capital interests