Subsidiary

Subsidiary. This term shall mean each "subsidiary corporation" (treating the Bank as the employer corporation) as defined in Section 424(f) of the Internal Revenue Code of 1986, as amended.

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

Subsidiary. With respect to the Company, any Person in which the Company owns at least fifty-one percent (51%) of the voting control or economic interests and which is an operating subsidiary of the Company.

Subsidiary. Any subsidiary, joint venture or any entity in which the Company, directly or indirectly, owns greater than 50% of the capital stock or equity or similar interests

Subsidiary. Any corporation, partnership, joint venture or other entity in which the Company owns or controls, directly or indirectly, not less than 50% of the total voting power or equity interests, and includes a subsidiary of a Subsidiary

Subsidiary. Each "Significant Subsidiary" (as such term is defined in Rule 1-02 of Regulation S-X of the 1933 Act) of the Company.

Subsidiary. Means, with respect to any Person, any corporation or other entity of which (x) a majority of the capital stock or other ownership interests having ordinary voting power to elect a majority of the Board of Directors or other persons performing similar functions are at the time directly or indirectly owned by such Person or (y) the results of operations, the assets and the liabilities of which are consolidated with such Person under GAAP.

Subsidiary. Any corporation of which fifty percent (50%) or more of total combined voting power of all classes of stock of such corporation is owned by the Corporation or another Subsidiary (as so defined).

Subsidiary. Any corporation at least fifty percent (50%) of whose outstanding Voting Stock, and a limited liability company at least fifty percent (50%) of whose membership interests, shall at the time be owned directly or indirectly by the Issuer or by one or more of its Subsidiaries

Subsidiary. Any corporation, partnership, limited liability company or other entity or organization which is directly or indirectly controlled by Borrower. For purposes of this definition, 'control' shall mean the power to elect a majority of the board of directors or similar body of such entity or to direct the management or policies of such entity.