Subsidiary

Subsidiary. Means any corporation or other entity in which the Company has a direct or indirect ownership interest of 80% or more of the total combined voting power of the then outstanding securities or interests of such corporation entitled to vote generally in the election of directors or in which the Company has at least 80 percent of the profits interest or capital interest of such other entity.

Subsidiary. Any subsidiary of the Borrower.

Subsidiary. Any person or entity which is controlled by the Corporation.

Subsidiary. Means any corporation or other business organization in which the Company owns, directly or indirectly, 20% or more of the voting stock or capital or profits interest at the time of the granting of an Award under this Plan.

Subsidiary. Shall mean any corporation or other entity taxable as a corporation under Section 7701(a)(3) of the Internal Revenue Code of 1986, as amended (the "Code") that is a member of the "affiliated group" as defined in Section 1504(a) of the Code of which the Parent is a common parent corporation; provided, however, that in each case the ... subsidiary corporation or other entity must be consolidated in the Parent's financial statements. View More

Subsidiary. Means any Person wherein at least fifty percent (50%) of the Equity Interests is owned, directly or indirectly, by the Guarantor.

Subsidiary. A corporation more than 50% of the voting capital stock of which is owned, directly or indirectly, by another entity.

Subsidiary. Means any entity in which the Company directly or through intervening subsidiaries owns at least a majority interest of the total combined voting power or value of all classes of stock or, in the case of an unincorporated entity, at least a majority in the capital and profits.

Subsidiary. Means, for purposes of issuance of Incentive Stock Options under the Plan, a "subsidiary corporation", whether now or hereafter existing, as defined in Section 425(f) of the Code.

Subsidiary. Means any subsidiary of the Mortgagor.