Subsidiary

Subsidiary. And Subsidiaries means, respectively, with respect to any Person, each and all such corporations, partnerships, limited partnerships, limited liability companies, limited liability partnerships, joint ventures or other entities (a) of which or in which such Person owns, directly or indirectly, such number of outstanding equity securities as have (i) more than fifty percent (50%) of the ordinary voting power for the election of directors or other managers of such corporation, partnership,... limited liability company or other entity or (ii) the power to elect a majority of that corporation's or other Person's board of directors or similar governing body or otherwise having the power to direct the business and policies of that corporation or other Person, in each case, irrespective of whether, at the time, the Equity Interests have such power only upon the happening of a contingency that has not occurred or (b) of which such specified Person will, directly or indirectly, be a general partner, managing member or joint venturer. View More

Subsidiary. The meaning specified in the Purchase Agreement.

Subsidiary. Any corporation which is a "subsidiary corporation" within the meaning of Section 424(f) of the Code with respect to the Company

Subsidiary. Shall mean any corporation, partnership, limited liability company or joint venture more than fifty percent (50%) of the stock or other ownership interest of which having by the terms thereof ordinary voting power to elect the board of directors, managers or trustees of such corporation, partnership or joint venture (irrespective of whether or not at the time stock of any other class or classes of such corporation, partnership or joint venture shall have or might have voting power by reason of... the happening of any contingency) shall, at the time as of which any determination is being made, be owned, either directly or through Subsidiaries View More

Subsidiary. Any present or future corporation which would be a subsidiary corporation as defined in Subsections 424(f) and (g) of the Code

Subsidiary. Means any Person, the majority of whose voting interests are at any time owned, directly or indirectly, by Borrower and/or by one or more Subsidiaries, other than ColorLink Japan, Ltd.

Subsidiary. The Bank and each other subsidiary of PSB Holdings, including any subsidiary of the Bank

Subsidiary. Any Person that is, directly or indirectly, controlled by the Company. For purposes of this definition, control means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, through other voting rights, by contract or otherwise.

Subsidiary. With respect to any Person, any corporation, general or limited partnership, limited liability company, joint venture or other legal entity of any kind of which such Person (either alone or through or together with one or more of its other Subsidiaries) owns, directly or indirectly, more than 50% of the stock or other equity interests, the holders of which are: (i) generally entitled to vote for the election of the board of directors or other governing body of such legal entity; or (ii)... generally entitled to share in the profits or capital of such legal entity View More

Subsidiary. Means, as to any Person, any other Person of which at least (i) 50% of the equity and (ii) 50% of the voting interests are owned, directly or indirectly, by such first Person.