Common use of Respondent Legal Status and Ownership Clause in Contracts

Respondent Legal Status and Ownership. a. The type of ownership of the Respondent by its ultimate parent: • wholly-owned subsidiary of a publicly-traded corporation; • wholly-owned subsidiary of a private (closely-held) stock corporation; • subsidiary or component of a non-profit foundation; • subsidiary or component of a governmental entity such as a County Hospital District; • independently-owned member of an alliance or cooperative network; • joint venture (describe ultimate owners) • stand-alone privately-owned corporation (no parents or subsidiaries); or • other (describe).