Holding Company Subsidiary definition

Holding Company Subsidiary means the direct or indirect Wholly-Owned Subsidiary of the Company which (x) wholly-owns directly or indirectly, a Subsidiary Guarantor Exception Material Subsidiary and (y) itself is not subject to a Subsidiary Guarantor Exception (determined as if such Subsidiary was a Material Subsidiary). For greater certainty, there shall be only one Holding Company Subsidiary in respect of any Material Subsidiary.
Holding Company Subsidiary means any corporation, bank or other business organization, whether incorporated or unincorporated, as to which the Holding Company or any Holding Company Subsidiary owns or controls, directly or indirectly, at least a majority of the securities or other interests that have by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions with respect to such corporation, bank or other business organization.
Holding Company Subsidiary means any Subsidiary of a Holding Company other than the Company and its Subsidiaries.

Examples of Holding Company Subsidiary in a sentence

  • No later than the tenth (10th) Business Day following the date of receipt by Borrowers or any Restricted Holding Company Subsidiary of any Net Cash Proceeds from the incurrence of any Indebtedness for borrowed money by Borrowers or any Restricted Holding Company Subsidiary (other than Permitted Indebtedness), Borrowers shall prepay the Loans as set forth in Section 2.13(b) in an aggregate amount equal to such proceeds.

  • Company does not have any Holding Company, Subsidiary Company and Associate Company.

  • Unit 1: INTRODUCTION TO COMPANY12 HrsMeaning and Definition – Features – Steps in formation of Joint Stock Company, High Lights of Companies Act 2013 - Kinds of Companies – One Person Company, Private Company, Public Company, Company limited by Guarantee, Company limited by Shares, Holding Company, Subsidiary Company, Government Company, Associate Company, Small Company, Foreign Company, Global Company, Body Corporate, Listed Company.

  • The Company agrees to take or cause to be taken such actions as the Holding Company or a Holding Company Subsidiary may reasonably request to give effect to such assumption.

  • The Holding Company or a Holding Company Subsidiary shall have the right and power at any time following the Effective Time to amend or terminate or cease benefit accruals under any Company Employee Plan or cause it to be merged with or its assets and liabilities to be transferred to a similar plan maintained by it.

  • Neither Holding Company nor any Holding Company Subsidiary or ERISA Affiliate is subject to or obligated under any oral or unwritten Holding Company Benefit Plan.

  • Set forth in Section 3.3(o) of Holding Company’s Disclosure Letter is a list of all insurance policies or bonds currently maintained by Holding Company or each Holding Company Subsidiary.

  • Each Borrower and each Restricted Holding Company Subsidiary, as applicable, hereby make, on behalf of their Restricted Subsidiaries that are neither Restricted Holding Company Subsidiaries nor Restricted Operating Company Subsidiaries, as applicable, all representations and warranties in Section 4 made by (or on behalf of) the Restricted Holding Company Subsidiaries.

  • Unit 1: INTRODUCTION TO COMPANY 12 HrsMeaning and Definition – Features – Steps in formation of Joint Stock Company, High Lights of Companies Act 2013 - Kinds of Companies – One Person Company, Private Company, Public Company, Company limited by Guarantee, Company limited by Shares, Holding Company, Subsidiary Company, Government Company, Associate Company, Small Company, Foreign Company, Global Company, Body Corporate, Listed Company.

  • No rights are authorized, issued or outstanding with respect to the capital stock or equity interests of any Holding Company Subsidiary and there are no agreements, understandings or commitments relating to the right of Holding Company to vote or to dispose of the capital stock or equity interests of any Holding Company Subsidiary.


More Definitions of Holding Company Subsidiary

Holding Company Subsidiary means any Subsidiary of a Holding Company other than the Lessee and its Subsidiaries.
Holding Company Subsidiary means Natmaya, Inc., a Delaware corporation which is a Wholly-Owned Subsidiary of the Borrower.
Holding Company Subsidiary means, in respect of each Material Subsidiary which is subject to a Guarantor Exception, the direct or indirect wholly-owned Subsidiary of the Borrower which (x) wholly-owns directly or indirectly, such Material Subsidiary and (y) which itself is not subject to a Guarantor Exception (determined as if such Subsidiary was a Material Subsidiary). For greater certainty, there shall be only one Holding Company Subsidiary in respect of any Material Subsidiary provided, however, that with respect to MASA the related Holding Company Subsidiaries shall be YAH BV and YCRCML
Holding Company Subsidiary means any Subsidiary of the Issuer other than any member of the Operating Group.

Related to Holding Company Subsidiary

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • 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.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • 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;

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

  • 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;

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

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

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

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.