Covered corporation definition

Covered corporation means a corporation that:
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Covered corporation generally means a publicly traded domestic corporation. A “specified affiliate” is any corporation or partnership more than 50 percent owned, by vote or value, directly or indirectly, by the covered corporation.
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Related to Covered corporation

  • Affiliated Corporation means any corporation that is either a parent corporation with respect to the Company or a subsidiary corporation with respect to the Company (within the meaning of Sections 424(e) and (f), respectively, of the Internal Revenue Code).

  • Related Corporation means any “parent corporation” or “subsidiary corporation” of the Company whether now or subsequently established, as those terms are defined in Sections 424(e) and (f), respectively, of the Code.