Definitions of. “subsidiary” and “Affiliate”. (a) When a reference is made in this Agreement to a subsidiary of a person, the term “subsidiary” means those entities of which such person owns or controls more than 50% of the outstanding equity securities either directly or through an unbroken chain of entities as to each of which more than 50% of the outstanding equity securities is owned directly or indirectly by its parent.
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Samples: Securities Purchase Agreement (E.W. SCRIPPS Co), Securities Purchase Agreement (Och-Ziff Capital Management Group LLC), Securities Purchase Agreement (Bank of America Corp /De/)
Definitions of. “subsidiary” and “Affiliate”.
(a) When a reference is made in this Agreement to a subsidiary of a person, the term “subsidiary” means those corporations, associations and other entities of which such person owns or controls more than 50% of the outstanding equity securities either directly or through an unbroken chain of entities as to each of which more than 50% of the outstanding equity securities is owned directly or indirectly by its parent.
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Definitions of. “subsidiary” Subsidiary" and “"Affiliate”.". -------------------------------------------
(a) When a reference is made in this Agreement to a subsidiary Subsidiary of a person, the term “subsidiary” "Subsidiary" means those corporations, banks, savings banks, associations and other entities of which such person owns or controls more than 50% of the outstanding equity securities either directly or through an unbroken chain of entities as to each of which more than 50% of the outstanding equity securities is owned directly or indirectly by its parent.
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