Subsidiary

Subsidiary. Shall mean any corporation at least fifty percent (50%) of whose outstanding voting stock shall at the time be owned directly or indirectly by the Company or by one or more Subsidiaries.

Subsidiary. With respect to any Person, any other Person which directly or indirectly Controls, is Controlled by or is under common Control with such Person

Subsidiary. Any direct or indirect subsidiary of the Company on the date hereof and any direct or indirect subsidiary of the Company organized or acquired after the date hereof

Subsidiary. With respect to a Person, a corporation or other entity of which more than 50% of the voting power of the equity securities or equity interests is owned, directly or indirectly, by such Person

Subsidiary. Any corporation or other entity of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by the Company, directly or through one or more Subsidiaries

Subsidiary. The meaning ascribed to such term in the Financing Agreement

Subsidiary. The meaning ascribed to such term in the Warrant Agreement

Subsidiary. Any entity (a) in which the Company, directly or indirectly, owns or Controls more than 50% of the voting equity interests or has the power to elect or direct the election of a majority of the members of the governing body of such Person, or (b) which is required to be consolidated with such Person under GAAP

Subsidiary. Any corporation (other than the Company), trust, partnership or limited liability company in an unbroken chain of entities, including and beginning with the Company, if each of such entities, other than the last entity in the unbroken chain, owns, directly or indirectly, more than fifty percent (50%) of the voting shares, partnership, beneficial or membership interests in one of the other entities in such chain

Subsidiary. Has the meaning set forth in the Shareholders' Agreement