Subsidiary

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

Subsidiary. Any corporation in which the Company has more than fifty (50) percent of the ownership. The Committee shall also have complete discretionary authority to determine eligibility for benefits and to interpret and construe the terms of the Plan. The Committee shall have complete authority and discretion to determine those Employees who shall be Participants.

Subsidiary. Shall have the meanings set forth in the heading of this Agreement.

Subsidiary. Shall have the meaning set forth above.

Subsidiary. Any business organization in which the Company, directly or indirectly owns a majority of its voting power or voting equity securities or equity interest and which the Board of Directors designates as a Subsidiary for purposes of this Plan.

Subsidiary. Means, for any Person, any corporation or other entity of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by such Person, directly or through one or more Subsidiaries. Unless otherwise provided, any reference to a "Subsidiary" herein means a Subsidiary of the Company.

Subsidiary. Any corporation, partnership, trust or other entity of which the Corporation and/or any of its other subsidiaries directly or indirectly owns at the time a majority of the outstanding shares of equity securities of such corporation, partnership, trust or other entity.

Subsidiary. Means any corporation, partnership, limited liability company, joint venture, or other entity in which the Company has a majority voting interest.

Subsidiary. Any entity of which the Company owns, directly or indirectly, 50% or more of the aggregate voting power of the voting securities

Subsidiary. Shall have the meaning given such term in the Credit Agreement.