Subsidiary

Subsidiary. Means a subsidiary of the Company controlled directly or indirectly by the Company within the meaning of Rule 405 promulgated under the Securities Act of 1933, as amended, and such subsidiaries divisions, departments, and subsidiaries and the respective divisions, departments and subsidiaries of such subsidiaries.

Subsidiary. Means a Subsidiary of Spherion Corporation within the meaning of Section 424(f) of the Internal Revenue Code and the regulations promulgated thereunder.

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

Subsidiary. Shall mean (i) any corporation of which fifty percent (50%) or more of the voting stock, or any partnership of which fifty percent (50%) or more of the outstanding partnership interests, is at any time owned by the Company, or by one or more Subsidiaries of the Company, or by the Company and one or more Subsidiaries of the Company, and (ii) any other entity which is controlled or capable of being controlled by the Company or by one or more Subsidiaries of the Company or by the Company and one... or more Subsidiaries of the Company. View More

Subsidiary. Shall mean, with respect to any Person, any entity at least 50% of the Voting Securities of which are owned directly or indirectly by such Person.

Subsidiary. Means, with respect to any Person, a corporation or other entity of which 50% or more of the combined voting power of the 4 then outstanding securities having the right to vote in the election of directors is owned, directly or indirectly, by such Person.

Subsidiary. Means Exactium, Inc., a Delaware corporation. 6 7

Subsidiary. Means as to Licensee (Licensor has no Subsidiaries) an entity of which shares of stock having voting power to elect a majority of the Board of Directors or other managers of such entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more intermediaries, or both, by the Licensee.

Subsidiary. Means any corporation or other entity of which the Company has, directly or indirectly, (i) ownership of securities or other interests having the power to elect a majority of the Board of Directors or similar governing body of such corporation or entity, or (ii) the power to direct the business and policies of that corporation or other entity.

Subsidiary. Means an entity (whether or not a corporation) that is wholly or majority owned or controlled, directly or indirectly, by the Corporation.