Significant Subsidiary. “Significant Subsidiary” with respect to an Entity shall mean any Subsidiary of such Entity that owns assets that constitute or account for 10% or more of the consolidated net revenues, consolidated net income or consolidated assets of such Entity and all of its Subsidiaries taken as a whole.
Appears in 9 contracts
Samples: Business Combination Agreement, Merger Agreement (Tidewater Inc), Merger Agreement (Gulfmark Offshore Inc)
