Subsidiary

Example Definitions of "Subsidiary"
Subsidiary. Shall have the meaning given to it in the Indenture.
Subsidiary. Shall mean any entity in which National Processing beneficially owns or controls, directly or indirectly, 50% or more of the voting equity securities.
Subsidiary. Means a corporation or other entity of which more than 50% of the shares of the outstanding stock (representing the right to vote for the election of directors or other managing authority) are now or hereafter owned or controlled, directly or indirectly, by a party hereto, but such corporation or other entity shall be deemed to be a Subsidiary only so long as such ownership or control exists.
Subsidiary. With respect to any Person, any corporation of which securities having the power to elect a majority of that corporation's Board of Directors (other than securities having that power only upon the happening of a contingency that has not occurred) are held by such Person or one or more of its Subsidiaries.
Subsidiary. Means any Person of which the Company at the time (a) shall own, directly or indirectly through a Subsidiary, at least a majority of the outstanding capital stock (or other shares of beneficial interest) entitled to vote generally or (b) shall control the board of directors of such Person.
Subsidiary. Has the meaning prescribed for such term as defined by the Senior Credit Agreement (which definition is incorporated herein by reference).
Subsidiary. Any corporation (i) in which the Company owns, directly or indirectly, stock possessing 50% or more of the total combined voting power of all classes of stock, or (ii) over which the Company has effective operating control; provided, however, that no corporation shall be deemed a subsidiary for the purpose of any provisions applicable to incentive options, and no incentive options shall be granted to employees of such corporation, unless in each case, such corporation shall constitute a... subsidiary as defined in clause (i) above. For special rules relating to DTI, see Section 14, below. View More Arrow
Subsidiary. - - Any corporation (a) in which the Company owns, directly or indirectly, stock possessing 50 percent or more of the total combined voting power of all classes of stock, (b) over which the Company has effective operating control, or (c) in which the Company has a material interest as determined by the Committee.
Subsidiary. Means a corporation or other business entity if shares constituting a majority of its outstanding capital stock (or other form of ownership) or constituting a majority of the voting power in any election of directors (or shares constituting both majorities) are (or upon the exercise of any outstanding warrants, options or other rights would be) owned directly or indirectly at the time in question by the corporation in question or other Subsidiary of that corporation or any combination of the... foregoing View More Arrow
Subsidiary. Subsidiary means any corporation, limited liability company, limited partnership or other similar entity which is either eligible to be consolidated with Grantor in accordance with GAAP on the financial statements of Grantor or in which Grantor either directly or indirectly holds 50% or more of the outstanding capital stock, membership interests, partnership interest, or any other indicia of ownership.
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