Subsidiary

Subsidiary. Of any person or entity means (i) a corporation or other entity whose shares of stock or other ownership interests having ordinary voting power to elect a majority of the directors of such corporation, or other persons or entities performing similar functions for such person or entity, are owned, directly or indirectly, by such person or entity or (ii) a corporation or other entity in which such person or entity owns, directly or indirectly, more than 50% of the equity interests at such time.

Subsidiary. Any corporation, partnership or other entity more than 50% of whose equity interests (measured by voting rights) are directly or indirectly owned by the Company.

Subsidiary. Means any corporation in which NEI or another entity qualifying as a Subsidiary within this definition owns 50% or more of the total combined voting power of all classes of stock, or any other entity (including, but not limited to, partnerships and joint ventures) in which NEI or another entity qualifying as a Subsidiary within this definition owns 50% or more of the combined equity thereof.

Subsidiary. Shall mean any corporation (other than the Company) or limited liability company, or comparable foreign entity (each a "Covered Entity") in an unbroken chain of Covered Entities beginning with the Company if, at the relevant time each of the Covered Entities other than the last Covered Entity in the unbroken chain owns stock or other equity interests possessing 50% or more of the total combined voting power of all classes of stock and other equity interests in one of the other Covered Entities... in the chain. View More

Subsidiary. Means any corporation that, at the time in question, is a subsidiary corporation of the Company within the meaning of section 424(f) of the Code.

Subsidiary. A subsidiary corporation, as defined in Code Section 424(f), that is a subsidiary of the Corporation. 2

Subsidiary. Means a subsidiary corporation, as defined in Code Section 424(f), that is a subsidiary of the Corporation. 2 (m)"Termination or Dismissal For Cause" shall have the meaning ascribed to such term or a similar term in a person's employment, consulting or other agreement with the Corporation, or in the absence thereof: (i) gross or habitual failure to perform the person's assigned duties that is not corrected within fifteen (15) days of written notice... to such person thereof; or (ii) misconduct, including, but not limited to: (A) conviction of a crime, or entry of a plea of nolo contendere with regard to a crime, involving moral turpitude or dishonesty, (B) illegal drug use or alcohol abuse on Corporation premises or at a Corporation sponsored event, (C) conduct by you which in the good faith and reasonable determination of the Board demonstrates gross unfitness to serve, (D) participation in a fraud or act of dishonesty against the Corporation, or (E) intentional, material violation by the person of any contract between the person and the Corporation. View More

Subsidiary. Means the Bank, Thrift, and each other corporation for which the Borrower has the power, directly or indirectly, to direct its management or policies or to vote 50% or more of any class of its voting securities.

Subsidiary. Shall mean any corporation, limited liability company, partnership or other entity of which a majority of the outstanding voting stock or voting power is beneficially owned directly or indirectly by the Company. Notwithstanding the above, with respect to an Incentive Stock Option, Subsidiary shall have the meaning set forth in Code Section 424(f).

Subsidiary. Shall mean a corporation or other business organization that is controlled, directly or indirectly, by another corporation or other business organization.