Transfer to Wholly-Owned Subsidiary. A transfer of any Offered ----------------------------------- Parcel or Related Property to a wholly-owned subsidiary of Owner, as long as Xxxx X. Xxxxxxxxxxx (i) owns 75% of the stock in the wholly-owned subsidiary and (ii) retains control of the management of Owner and has control of the management of the wholly-owned subsidiary.
Appears in 5 contracts
Samples: Agreement for Sale of Real Estate (Discovery Investments Inc), Agreement for Sale of Real Estate (Discovery Investments Inc), Agreement for Sale of Real Estate (Discovery Investments Inc)
Transfer to Wholly-Owned Subsidiary. A transfer of any Offered ----------------------------------- Parcel or Related Property to a wholly-owned subsidiary of Owner, as long as Xxxx X. Xxxxxxxxxxx (i) owns 75% of the stock in the wholly-owned subsidiary and (ii) retains control of the management of Owner and has control of the management of the wholly-owned subsidiary.
Appears in 1 contract
Samples: Agreement for Sale of Real Estate (Discovery Investments Inc)
