Subsidiary

Subsidiary. , with respect to any Person, means (i) any corporation of which the outstanding capital stock having at least a majority of the votes entitled to be cast in the election of directors under ordinary circumstances shall at the time be owned, directly or indirectly, by such Person or (ii) any other Person of which at least a majority of the voting interest under ordinary circumstances is at the time, directly or indirectly, owned by such Person. In addition to the foregoing, capitalized terms not... otherwise defined herein that are defined in the Loan Agreements have the meanings ascribed to them therein. Transactions covered by this Agreement shall be carried out in accordance with this Agreement and transactions carried out in accordance with Sections 2 through 12 of this Agreement shall be deemed to comply with the restrictions on transactions with Affiliates contained in the Loan Agreement and any substantially equivalent provisions which may be contained in the Consumers Packaging Loan Agreement and the Indentures. 5,000,000, and (iii) if the manufacturing is being done by a Member of the Consumers Group as a result of a Plant Closing Event, $U.S. 2,500,000 in addition to the $U.S. 5,000,000 of commissions described in clause (ii) preceding; provided, however, the limitations contained in this paragraph (c) shall not apply to (and the calculations made pursuant to this paragraph (c) shall not include) commissions paid by the Members of the Consumers Group if the manufacturing is being done by a Member of the Consumers Group as a result of furnace repairs, strikes, or other events of force majeure, in each case of a temporary nature, affecting the operation by an Affiliated Glass Manufacturer not a Member of the Consumers Group of one or more of its plants; and (d) the relevant Affiliated Glass Manufacturer upon receipt of payment from its customer will deduct the commission and the balance of the payment will be remitted to the relevant Member of the Consumers Group. 5,000,000, and (iii) if the manufacturing is being done by a Member of the Anchor Group as a result of a Plant Closing Event, $U.S. 2,500,000 in addition to the $U.S. 5,000,000 of commissions described in clause (ii) preceding; provided, however, the limitations contained in this paragraph (c) shall not apply to (and the 4 5 calculations made pursuant to this paragraph (c) shall not include) commissions paid by the Members of the Anchor Group if the manufacturing is being done by a Member of the Anchor Group as a result of furnace repairs, strikes, or other events of force majeure, in each case of a temporary nature, affecting the operation by an Affiliated Glass Manufacturer not a Member of the Anchor Group of one or more of its plants; and (d) the relevant Affiliated Glass Manufacturer upon receipt of payment from its customer will deduct the commission and the balance of the payment will be remitted to the relevant Member of the Anchor Group. View More

Subsidiary. With respect to any Person, means any corporation, limited liability company or similar entity of which such Person owns securities having a majority of the ordinary voting power in electing the board of directors directly or indirectly.

Subsidiary. Means any corporation which (i) is a "subsidiary corporation" of the Company, as that term is defined in Section 424 of the Code, and (ii) is designated as such for purposes hereof by the Board of Directors of the Company (the "Board").

Subsidiary. Means ev3 Inc., a Delaware corporation.

Subsidiary. Means any entity with respect to which a specified Person (or a Subsidiary thereof) owns or has the power to vote 50% or more of the equity interests in such entity having general voting power to participate in the election of the governing body of such entity, including, with respect to Seller, those entities listed in Section (s) of the Disclosure Letter.

Subsidiary. Means any company in which the Company owns, directly or indirectly, more than 50% of the voting stock;

Subsidiary. The term "subsidiary" means a subsidiary of the Corporation within the meaning of Section 424(f) of the Internal Revenue Code and the regulations promulgated thereunder, provided, however, that this Plan shall not be deemed to cover the employeesof any subsidiary that did not participate in the IBM 2000 Employees Stock Purchase Plan, unless so authorized by the Committee.

Subsidiary. Shall mean any company or corporation directly or indirectly controlled by a Party.

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

Subsidiary. A "subsidiary corporation," whether now or hereafter existing, as defined in Section 424(f) of the Code, including without limitation, in the case of the Company, IWL Communications, 4 Incorporated and CapRock Telecommunications Corp. (f/k/a CapRock Communications Corp.) and including without limitation CapRock Fiber Network, Ltd.