Holding Subsidiary means a subsidiary, 100% of the Equity Interest of which is owned by the Risk Retention Sponsor and which does not carry on any trade, business or other activity, or hold any assets, other than (i) holding the Risk Retention Sponsor’s Equity Interests in Pkg 8 Parent or Pkg 10 Parent; (ii) holding 100% of the Equity Interest of any entity established for the sole purpose of holding the Risk Retention Sponsor’s Equity Interests in Pkg 8 Parent or Pkg 10 Parent; or (iii) holding any other assets or carrying on activities which are incidental to holding such Equity Interest as is specified in (i) or (ii).
Holding Subsidiary as defined in Section 6.8.
Holding Subsidiary means an LLC formed under the laws of the State of Delaware, all of the LLC units of which shall be owned by Royal Street, which LLC shall have as its sole purpose to hold the License(s) and assets in a given Market to be used by Royal Street in connection with the Royal Street System in such Market.
Examples of Holding Subsidiary in a sentence
Company does not have any Holding, Subsidiary or Associate companies, as defined under the Companies Act, 2013.
The Company does not have any Holding, Subsidiary & Associate Company.
Company is not having any Holding, Subsidiary and Associate Companies.
The Company does not have any Holding, Subsidiary or Associate Companies.
The Company does not have any Holding, Subsidiary and Associates Companies.
More Definitions of Holding Subsidiary
Holding Subsidiary has the meaning set forth in Exhibit G.
Holding Subsidiary means a Guarantor and any Subsidiary of the Partnership which succeeds such Guarantor and which owns or controls, directly or indirectly, Capital Interests of any one or more other Subsidiaries of the Partnership.
Holding Subsidiary means any Holding Company beneficially owned, directly or indirectly, by the Company that, individually or together with other Holding Companies, owns or controls, directly or indirectly, Share Capital of any other Person.
Holding Subsidiary shall have the meaning set forth in the LLC Agreement, and shall include Guarantors.
Holding Subsidiary means any Subsidiary of Holding.
Holding Subsidiary means ABN Australasia Holdings Pty Ltd (ABN 11 072 977 229) (to be renamed American Banknote Australasia Pty Limited).
Holding Subsidiary has the meaning assigned to it in Section 2.21(b)(iv).