Subsidiary

Subsidiary. Means, as to any Person, any corporation, association, partnership, joint venture or other business entity of which more than 50% of the voting capital stock or other voting ownership interests is owned or controlled directly or indirectly by such Person or by one or more of the Subsidiaries of such Person or by a combination thereof; provided, however, that any reference in this Agreement to a Subsidiary or Subsidiaries of SPX shall not include the Company.

Subsidiary. Has the meaning set forth in Rule 405 under the 32 33 Securities Act

Subsidiary. The word "Subsidiary" shall mean any corporation, partnership or other business entity at least 50% of whose voting equity securities are owned directly or indirectly by the Company.

Subsidiary. Of an entity means a corporation or other business entity in which such entity owns, directly or indirectly, at least a fifty percent (50%) interest or that is otherwise, directly or indirectly, controlled by such entity.

Subsidiary. Shall mean any corporation, if the corporation and/or one or more Subsidiaries own at least fifty percent (50%) of the total combined voting power of all classes of outstanding stock in such corporation.

Subsidiary. And "SUBSIDIARIES" shall mean only a corporation or corporations, whether now or hereafter existing, within the meaning of the definition of "subsidiary corporation" provided in Section 424(f) of the Code, or any successor thereto of similar import.

Subsidiary. Has the meaning ascribed to it in Rule 12b-2 of the Securities and Exchange Act of 1934, as amended.

Subsidiary. Any corporation, partnership or other entity or organization of which a majority of the securities or other interests, having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions, is directly or indirectly owned or controlled by the Company, by any one or more subsidiaries, or by the Company and one or more subsidiaries.

Subsidiary. Means any Person in which the Company shall at the time own directly or indirectly through another Subsidiary at least a majority of its outstanding capital stock (or other shares of beneficial interest) entitled to vote generally.

Subsidiary. Means, with respect to any Person, any corporation of which more than 50% of the 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) is at the time directly or indirectly owned by such Person, by such Person and one or more other Subsidiaries of such... Person, or by one or more other Subsidiaries of such Person. View More