Subsidiary

Subsidiary. Means any entity for which a Party, now or hereafter, owns or controls either: (a) if such entity has voting shares or other securities, fifty percent (50%) or more of the outstanding shares or securities entitled to vote for the election of directors or similar managing authority; or (b) if such entity does not have voting shares or other securities, fifty percent (50%) or more of the ownership interest that represents the right to make fundamental governing decisions for such... entity. View More

Subsidiary. Means any entity (other than the Portfolio Company) in an unbroken chain of entities beginning with the Portfolio Company, if each of the entities other than the last entity in the unbroken chain owns shares, units or interests possessing 50% or more of the total combined voting power of all classes of shares, units or interests in one of the other entities in such chain.

Subsidiary. Of any Person shall mean any corporation, partnership, joint venture, limited liability company, trust, variable interest entity or other entity controlled by such Person directly or indirectly through one or more intermediaries.

Subsidiary. Shall mean any corporation, partnership, limited liability company or other business entity which, directly or indirectly through one or more intermediaries, is controlled by the Company. The term "control" means the power, directly or indirectly, to vote 50% or more of the securities which have ordinary voting power in the election of directors (or individuals filling any analogous positions).

Subsidiary. Means any corporation of which more than fifty (50%) percent of the outstanding voting securities shall, at the time of determination, be owned by a corporation directly or indirectly through one or more Subsidiaries.

Subsidiary. Has the meaning given in the introductory paragraph hereof and includes the corporation initially executing this Note and any Person which shall succeed to or assume the obligations of the Parent under this Note.

Subsidiary. Means any corporation or other entity in which the Company owns (directly or indirectly) 50% or more of the outstanding stock or equity entitled to vote for directors or other similar governing body.

Subsidiary. Means any corporation in which the Company owns (directly or indirectly) 50% or more of the outstanding stock entitled to vote for directors.

Subsidiary. Shall mean any entity that controls, is controlled by or is under common control with the Company as may be determined by the Board; provided, that, with respect to Incentive Stock Options, it shall mean any subsidiary of the Company that is a corporation and which at the time qualifies as a "subsidiary corporation" within the meaning of Section 424(f) of the Code; and further provided that, for the purpose of issuing Options or stock appreciation rights, "Subsidiary" means any corporation or... other entity in a chain of corporations and/or other entities in which the company has a "controlling interest" within the meaning of Treas. Reg. § 1.414(c)-2(b)(2)(i), but using the threshold of 50% ownership wherever 80% appears. View More

Subsidiary. Any corporation or other entity of which an aggregate of more than 50% of the outstanding stock having ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether, at the time, capital stock of any other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time, directly or indirectly, owned legally or beneficially by Brightstar or one or more subsidiaries of... Brightstar, or with respect to which Brightstar or any subsidiary thereof has the right to vote or designate the vote of 50% or more of such capital stock whether by proxy, agreement, operation of law or otherwise, and (b) any partnership or limited liability company in which Brightstar and/or one or more of its subsidiaries shall have an interest (whether in the form of voting or participation in profits or capital contribution) of more than 50% or of which Brightstar or any subsidiary thereof is a general partner or may exercise the powers of a general partner. View More