Ford Subsidiary definition

Ford Subsidiary when used herein shall mean any corporation a majority of the voting stock of which is owned directly or indirectly by Ford.
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Ford Subsidiary means any Subsidiary of Ford, other than Visteon or a Visteon Subsidiary. "Ford Affiliate" means any Affiliate of Ford other than a Visteon Affiliate.
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Ford Subsidiary when used herein shall mean any corporation a majority of the voting stock of which is owned directly or indirectly by Ford. In the event of the Holder's death, the beneficiary designated pursuant to Article 5 hereof, or if no such beneficiary is designated or deemed to be designated or if none survives such Holder, the executor or administrator of the estate of the decedent or the person or persons to whom the Right shall have been validly transferred by the executor or the administrator pursuant to will or the laws of descent and distribution, shall have the right to exercise the Right, when vested, in accordance with the provisions of Articles 1 and 2 hereof. shall continue in effect and shall continue to vest and become exercisable to the extent permitted under Articles 1 and 2 hereof during the period three months following the date of such termination, but in no event after the Expiration Date. In the event of the resignation of employment by the Holder or termination of the Holder's employment by the Company for cause, the Right shall be forfeited effective as of the date of such resignation or termination. For purposes of the Plan, a termination by the Company for cause shall include termination resulting from (i) acts of insubordination, (ii) embezzlement, attempted embezzlement, theft of property or attempted theft of property, whether or not a criminal action relating thereto is initiated by the Company, (iii) conviction of a felony or any crime involving moral turpitude, (iv) material breach of any employment agreement or condition of employment with the Company or (v) violation of Company policy covering Standards of Corporate Conduct.
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Examples of Ford Subsidiary in a sentence

  • While on Ford or Ford Subsidiary premises ("Ford Premises"), Vastera will examine the premises to determine whether they are safe for such Services, and will advise Ford promptly of any situation that it deems to be unsafe.

  • All such data shall be and remain the property of Ford or the applicable Ford Subsidiary and Vastera shall provide Ford with reasonable access to any such data.

  • If a Vastera employee terminates his or her employment with Vastera, then such employee may be hired by Ford or a Ford Subsidiary no sooner than six months from the date that such employee's employment is terminated.

  • The term "Ford Subsidiary" when used herein shall mean any corporation a majority of the voting stock of which is owned directly or indirectly by Ford.

  • In the event a holder of a Right transfers to Ford Motor Company ("Ford") or a Ford Subsidiary (as hereinafter defined) or in the event of a holder's retirement, disability or death, such Right shall continue in effect and shall become vested and exercisable during the applicable periods within the remaining term of the Right in accordance with Articles 6 and 8 hereof.

  • In the event of a termination of a holder's employment for reasons other than disability, death, retirement, transfer to Ford or a Ford Subsidiary, resignation or termination by the Company for cause, such holder's Right shall continue in 22 -8- effect and shall continue to vest and become exercisable to the extent permitted under Articles 6 and 8 hereof during the period three months following the date of such termination, but in no event after the expiration of the term of the Right.

  • The right of the Company or any other Ford Subsidiary to terminate (whether by dismissal, discharge, retirement or otherwise) the Holder's employment with it at any time, with or without cause, or as otherwise provided by any agreement between the Company or any other Ford Subsidiary and the Holder, is specifically reserved.

  • Neither the grant nor the exercise of the Right shall confer on the Holder any right to be retained in the employ of the Company or any other Ford Subsidiary, or to receive subsequent rights or other awards under the 11 -10- Plan.

  • In the event of a termination of a holder's employment for reasons other than disability, death, retirement, transfer to Ford or a Ford Subsidiary, resignation or termination by the Company for cause, such holder's Right shall continue in effect and shall continue to vest and become exercisable to the extent permitted under Articles 6 and 8 hereof during the period three months following the date of such termination, but in no event after the expiration of the term of the Right.

  • In the event the Holder transfers to Ford Motor Company ("Ford") or a Ford Subsidiary (as hereinafter defined) or in the event of a Holder's retirement, disability or death, the Right shall continue in effect and shall become vested and exercisable during the applicable periods in accordance with Articles 1 and 2 hereof.


More Definitions of Ford Subsidiary

Ford Subsidiary when used herein shall mean any corporation a majority of the voting stock of which is owned directly or indirectly by Ford. In the event of a holder's death, the beneficiary designated pursuant to Article 10 hereof, or if no such beneficiary is designated or deemed to be designated or if none survives such holder, the executor or administrator of the estate of the decedent or the person or persons to whom the Right shall have been validly transferred by the executor or the administrator pursuant to will or the laws of descent and distribution, shall have the right to exercise the Right, when vested, in accordance with the provisions of Articles 6 and 8 hereof. In the event of a termination of a holder's employment for reasons other than disability, death, retirement, transfer to Ford or a Ford Subsidiary, resignation or termination by the Company for cause, such holder's Right shall continue in 22 -8- effect and shall continue to vest and become exercisable to the extent permitted under Articles 6 and 8 hereof during the period three months following the date of such termination, but in no event after the expiration of the term of the Right. In the event of the resignation of employment by a holder or termination of a holder's employment by the Company for cause, the Right shall be forfeited effective as of the date of such resignation or termination. For purposes of the Plan, a termination by the Company for cause shall include termination resulting from (i) acts of insubordination, (ii) embezzlement, attempted embezzlement, theft of property or attempted theft of property, whether or not a criminal action relating thereto is initiated by the Company, (iii) conviction of a felony or any crime involving moral turpitude, (iv) material breach of any employment agreement or condition of employment with the Company or (v) violation of Company policy covering Standards of Corporate Conduct.
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Ford Subsidiary when used herein shall mean any corporation a majority of the voting stock of which is owned directly or indirectly by Ford. Notwithstanding the foregoing, if at any time the Company ceases to be a Ford Subsidiary, the preceding sentence shall no longer be given effect, and any Participant who previously had transferred to Ford or a Ford Subsidiary and remains employed by Ford or a Ford Subsidiary as of the date on which the Company ceases to be a Ford Subsidiary shall be subject to the provisions of Section 4(e) as though such Participant had terminated employment (without regard to the reasons for termination of employment) as of the date on which the Company ceases to be a Ford Subsidiary.
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Related to Ford Subsidiary

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Inactive Subsidiary means any Subsidiary of a Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $1,000,000 and (c) does not have any Indebtedness outstanding.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Qualified Subsidiary means any direct or indirect Domestic Subsidiary or Eligible Foreign Subsidiary.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • 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.

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Regulated Subsidiary means any Subsidiary that is (a) a Broker-Dealer Subsidiary, (b) otherwise subject to regulation by any Governmental Authority and for which the incurrence of Indebtedness (including Guarantees) or the granting of Liens with respect to its assets would be prohibited or restricted or would result in a negative impact on any minimum capital or similar requirement imposed by such Governmental Authority and applicable to it or (c) subject to regulation by any Regulatory Supervising Organization.

  • Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.

  • Acquisition Subsidiary shall have the meaning set forth in the Preamble.

  • Wholly Owned Restricted Subsidiary of any Person means any Wholly Owned Subsidiary of such Person which at the time of determination is a Restricted Subsidiary of such Person.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.