BD Subsidiary definition

BD Subsidiary means H.D. Vest Investment Securities, Inc.
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BD Subsidiary means Alight Financial Solutions, LLC (f/k/a ▇▇▇▇▇▇ Financial Services, LLC), together with its successors and assigns.
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BD Subsidiary means any Person that is registered with the SEC as a broker-dealer under the Exchange Act that the Company owns, directly or indirectly, twenty-five percent (25%) or more of the (x) assets, business or a line of operations that generates revenues composing twenty-five percent (25%) or more in the aggregate of such Person’s earnings on a 36-month rolling basis or (y) equity or partnership capital of such Person.
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Examples of BD Subsidiary in a sentence

  • The Sellers shall cause the Company to, and the Company shall and shall cause the Acquired Companies (including the BD Subsidiary) to, without any Liability to any Acquired Company, terminate those Contracts set forth in Schedule 6.24 of the Disclosure Schedules as of the Closing Date.

  • The Sellers and the Company shall cause the BD Subsidiary to file, as promptly as practicable after the Effective Date, but not more than 10 Business Days after the Effective Date, notice of the change of control to the state securities regulators in the Commonwealth of Massachusetts and the State of South Dakota.

  • However, the parties hereto further agree that, in connection with each submission of the Continuing Membership Application and any responses thereto, including any exhibits attached as part of each amendment of the Continuing Membership Application, the Sellers and the Company shall, and shall cause the BD Subsidiary to, consult in good faith with the Buyer and give the Buyer a reasonable opportunity to comment on drafts of such submissions prior to submission.

  • Except for the BD Subsidiary, no Subsidiary of the Company has or has ever: (a) had, owned, or leased any assets; or (b) engaged in any trade, business, operations, or other activity.

  • The BD Subsidiary has filed Form BR in respect of each state or any other jurisdiction where the conduct of its business required such filing.

  • The Sellers and the Company shall cause the BD Subsidiary to file with the State of Florida Office of Financial Regulation, Division of Securities, as promptly as practicable after the Effective Date, but not more than 10 Business Days after the Effective Date, a notice and request for approval or nonobjection of the Transaction, pursuant to Rule 69W-600.001(11)(d)(1), Florida Administrative Code.

  • The parties hereto agree that the BD Subsidiary shall have the responsibility to prepare and file the Continuing Membership Application, and any written or oral responses that FINRA may require as part of the Continuing Membership Application approval process.

  • The BD Subsidiary shall have obtained approval or non-objection from the State of Florida Office of Financial Regulation, Division of Securities pursuant to Rule 69W-600.001 of the Florida Administrative Code, which approval or non-objection shall be in full force and effect.


More Definitions of BD Subsidiary

BD Subsidiary means Hewitt Financial Services, LLC, an Illinois limited liability company.
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BD Subsidiary means Terra Nova Financial, LLC.
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BD Subsidiary means ▇▇▇▇▇▇ Financial Services, LLC, an Illinois limited liability company.
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BD Subsidiary means Hatteras Capital Distributors LLC, a North Carolina limited liability company.
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BD Subsidiary means Ceres Securities, LLC, a Delaware limited liability company that is a: (a) wholly-owned Subsidiary of the Company; and (b) broker-dealer that is registered with the SEC and a member of FINRA.
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Related to BD Subsidiary

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.