Holding Company or Subsidiary definition

Holding Company or Subsidiary means a "holding company" or "su defined in section 1159 of the Companies Act and a company is to be tr purposes only of the membership requirement contained in subsections and (c)) as a member of another company even if its shares in that oth are registered in the name of (a) another person (or its nominee) by w or in connection with the taking of security, or (b) its nominee; reference to writing or written includes e-mail unless otherwise state an obligation not to do something includes an obligation not to agree o thing to be done.
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Holding Company or Subsidiary means a "holding company" or "subsidiary" as defined in section 1159 of the Companies Act and a company is to be treated (for the purposes only of the membership requirement contained in subsections 1159(1)(b) and (c)) as a member of another company even if its shares in that other company are registered in the name of (a) another person (or its nominee), by way of security or in connection with the taking of security, or (b) its nominee; and an obligation not to do something includes an obligation not to agree o thing to be done. 1.1 and 1.2 apply unless the contrary intention appears or the context s. siness of the Company is [SPECIFY BUSINESS] (the Business) and suc s or activities as may be approved from time to time as a Reserved Matt siness shall be carried on in accordance with this Agreement and the Bu shall take place on the Closing Date at the registered office of the Com her time and place as agreed between the Parties.
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Holding Company or Subsidiary means a "holding company" or "subsidiary" as defined in section 1159 of the Companies Act 2006 and a company is to be treated (for the purposes only of the membership requirement contained in subsections s in that other nee) by way of (f) and means of 1.3 Paragra require ext otherwise 1.4 In the e followin wing, the edule.
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Examples of Holding Company or Subsidiary in a sentence

  • All Taxes required to be withheld by Holding Company or Subsidiary, including, but not limited to, Taxes arising as a result of payments or distributions (or amounts allocable) to foreign partners or foreign persons or to employees of Holding Company or Subsidiary, have been collected and withheld, and have been either paid to the respective governmental agencies, set aside in accounts for such purpose, or accrued, reserved against, and entered upon the books and records of the employer.

  • The Company does not have any Holding Company or Subsidiary Company or Associate Company.

  • Additional Obligor means any Holding Company or Subsidiary of the Borrower that is not referred to in paragraphs (a) or (c) of the definition of Obligor that grants a Security Interest to the Lender under a Security Document.

  • The Sum Insured/Full Value in respect of any ONE INSURED means: the total of the Sums Insured for all Coupons/Policies for which Sasria cover has been effected for a Holding Company or Subsidiary of a Holding Company (other than Money, Transit, Contract Works and Motor).In cases where Inflation or Escalation is applicable, the Full Value must be calculated using the base Sum Insured/ Value and not the Final Sum Insured/Value as brought about by the provision for Inflation or Escalation.

  • Agreement (including its Introduction): Group means the Client, any Holding Company or Subsidiary from time nd any Subsidiary from time to time of a Holding Company of the Client Company means each company in the Client Group.

  • Inland Affiliate acknowledges that it is acquiring its membership rights in and to Holding Company without any representation or warranty, express or implied, by Cordish Affiliate, Holding Company or Subsidiary, except as expressly set forth herein.

  • Such Notes may be held, reissued, resold or at the option of the Issuer or the relevant Holding Company or Subsidiary surrendered to the Principal Paying Agent for cancellation.

  • Group, in relation to a company, means that company, any Holding Company or Subsidiary from time to time of that company and any Subsidiary from time to time of a Holding Company of that company and Group Company means each company in a company’s Group.

  • Any shareholder / investor of the Holding Company or Subsidiary Company desirous of obtaining a copy of the said documents may send request in writing to the Company at the Registered Office.

  • Those companies, who have been debarred/ blacklisted by the Government of India or SCCL for conducting business, are not eligible to participate in this tender.It’s a “Domestic Competitive Bidding” and the bidder should be an Indian company registered in India and should be Group Company or Holding Company or Subsidiary company of a company meeting the requirement (s) of Clause 18.2 and 18.3 below.


More Definitions of Holding Company or Subsidiary

Holding Company or Subsidiary means a "holding company" or "subsidiary" as defined in section 1159 of the Companies Act 2006 and a company is to be treated (for the purposes only of the membership requirement contained in subsections 1159(1)(b) and (c)) as a member of another company even if its shares in that other company are registered in the name of (a) another person (or its nominee) by way of security or in connection with the taking of security, or (b) its nominee; (i) reference to writing or written includes fax and email unless otherwise stated; and (j) an obligation not to do something includes an obligation not to agree or allow that thing to be done.
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Related to Holding Company or Subsidiary

  • Subsidiary or Subsidiaries means any Person of which any other specified Person owns, directly or indirectly through a Subsidiary, a nominee arrangement or otherwise, at least a majority of the outstanding capital stock (or other units of beneficial interest) entitled to vote generally or otherwise have the power to elect a majority of the board of directors or similar governing body or the legal power to direct the business or policies of such Person.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Wholly Owned Subsidiary means any Subsidiary of a Person in respect of which all of the Equity Interests (other than, in the case of a corporation, directors’ qualifying shares) are at the time directly or indirectly owned or controlled by such Person or one or more other Subsidiaries of such Person or by such Person and one or more other Subsidiaries of such Person.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467a(b) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

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

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Subsidiary Company means any subsidiary company within the meaning of section 7 of the Companies Act 2014 which is a wholly owned entity used by a Fund to hold assets.

  • Public utility holding company means: (1) any company that,

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Majority-Owned Subsidiary means a Consolidated Subsidiary that is not wholly-owned (directly or indirectly) by the Company.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • 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 Borrower.