Subsidiary

Subsidiary. Shall mean any corporation or other entity of which ARAMARK shall, directly or indirectly, own 50% or more of the equity, as determined for purposes of this Agreement by the ARAMARK Board of Directors and any other corporation or other entity in which ARAMARK shall directly or indirectly have an equity investment and which the ARAMARK Board of Directors shall in its sole discretion designate.

Subsidiary. Means, with respect to any Person, any corporation, limited liability company, partnership, joint venture, association, trust or other entity of which (or in which) more than 50% of (a) the issued and outstanding Capital Stock having ordinary voting power to elect a majority of the board of directors of such corporation ( irrespective of whether at the time Capital Stock of any other class or classes of such corporation shall or might have... voting power upon the occurrence of any contingency), (b) the interests in the capital or profits of such partnership, limited liability, joint venture or association with ordinary voting power to elect a majority of the board of directors (or Person performing similar functions) of such partnership, limited liability company, joint venture or association, or (c) the beneficial interests in such trust or other entity with ordinary voting power to elect a majority of the board of trustees (or Persons performing similar functions) of such trust or other entity, is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its Subsidiaries, or by one or more of such Person's Subsidiaries. View More

Subsidiary. Shall mean any person in which the Company owns, directly or indirectly, a majority of the equity economic or voting ownership interest.

Subsidiary. Any corporation, partnership, joint venture or other business entity in which a fifty percent (50%) or greater interest is, at the time, directly or indirectly, owned by the Company or by one or more Subsidiaries or by the Company and one or more Subsidiaries.

Subsidiary. Any corporation of which the Employer or any Company Affiliate owns securities having a majority of the ordinary voting power in electing the board of directors, directly or through one or more subsidiaries, and 15 any partnership, limited liability company or other entity in which the Employer, any Company Affiliate or any Subsidiary owns a controlling interest.

Subsidiary. Any entity, whether now existing or hereafter created or acquired, of which more than 50% of the securities entitled to vote generally in an election of directors or managers are owned directly or indirectly by the Company.

Subsidiary. Means any corporation more than 50% of the outstanding voting securities of which are owned by the Company or any Subsidiary, directly or indirectly, or a partnership or limited liability company in which the Company or any Subsidiary is a general partner or manager or holds interests entitling it to receive more than 50% of the profits or losses of the partnership or limited liability company.

Subsidiary. (i) each corporation or other person or entity in which the Company Group own or control, directly or indirectly, capital stock or other equity interests representing at least 50% of the outstanding voting stock or other equity interests, and (ii) any other affiliate of the Company Group.

Subsidiary. Shall mean any corporation of which Nathan's owns, directly or indirectly, more than 50 percent of its voting stock.

Subsidiary. Means a Person in which the specified party owns a majority of the outstanding shares, securities, or other ownership interests representing the right to vote for the election of directors or other managing authority; provided, however, that in any country where the local law does not permit foreign equity participation of at least 50%, a "Subsidiary" shall include any Person organized under the laws of such country in which the specified party owns the maximum percentage of outstanding shares... or other ownership interests permitted by local law, so long as the specified party exercises actual control over the Person's operations. A Person will be deemed to be a Subsidiary only so long as such ownership exists. View More